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Updated over 3 years ago,
Short Term Rental Help - Lake County IL
I am looking for some assistance in both buying and managing a short term rental in Lake County, IL, preferably in Grayslake, Gurnee, Libertyville, Waukegan or Vernon Hills. I assume I'll be trying to get traffic from either Six Flags Great America traffic or Navy Graduation families.
My main reason for purchasing in this area is to have a vacation home for myself. I am originally from the area and still have family here, and therefore want to be here during the summer (in the winter, no thank you!). I would like to rent it out short term for the rest of the year. I am mainly looking to cover my costs of ownership, but since I'm in the real estate investment business at home in Florida, long term appreciation and general cash flow would be great too!
So if anyone has great contacts/recommendations for management of a short term rental in this area, please send them my way. Or if any realtors have opinions or knowledge of specific neighborhoods they'd say to avoid because of STR unfriendly-ness, please let me know.
Thanks in advance folks!