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Updated over 6 years ago,
Does anyone own a cabin in Northern Arizona?
Hello!
My husband and I own a few long term rental properties in the Phoenix area, so we’re familiar with that. But we’ve been looking at a cabin for ourselves (and to rent out) in the Pinetop area and we’re a little nervous about venturing into vacation rentals.
Does anyone own a cabin in Arizona? Is it profitable or break even at the very least?
Also, regarding vacation rentals in general, do you keep expensive things in it for guests? Like a video game system and a bunch of games? Or nice kids toys like Legos or magnatiles? (We have a preschooler, so we’d like to keep entertainment there for him.)
I would market the cabin as a cabin for families since we are gearing it towards entertaining our 4 year old with a swing set, toys, video games, etc. We also want to get a hot tub and a pool table.
Any advice for us?