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Updated about 3 years ago on . Most recent reply
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Hometown Vacation Home
Hey y’all!
I’m a Fort Worth native (30 years) who recently moved out of town. I would LOVE to have a LTR with a small separate space for me that I can utilize as a vacation home when I’m in town. This is my most ideal move, just so I can visit often but not pay the mortgage. I have a realtor I’m using and like but we’ve yet to find anything. I’m from north Fort Worth (Keller area) and obviously not finding a ton in the area that would work for this. I looked closer to Hulen/Camp Bowie too, without success. I’ve never invested in real estate. So I was hoping to get some advice from the experts. Any advice or experience or critiques are welcome! Thank you!!
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It seems like a lot of people start with dreams of a vacation home and then run into many of the challenges you noted.
I'll propose an alternate idea for you. Just get a good rent property. Period. You can write off travel to visit it and the cashflow from the property can pay for your hotels and meals.