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Updated almost 7 years ago on . Most recent reply
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LAs Vegas Vacation Rental?
I am not new to rental properties in any way. I own 11 properties but they are all local and traditional rentals. I would like to learn more about vacation rentals as way to reduce the expense of something I want, rather then as a way to make money.
Within a couple years I would like to buy a condo in Las Vegas as a vacation property for myself. However we all know this is a huge waste of money. Yes, I could look into a duplex and rent one site.... but my question is more about vacation rentals.
Has anyone done this in Las Vegas?
Can anyone recommend a few sites to list the property on?
Is there a company that manages the cleaning and day to day issues?
Im not looking for some 10% CAP rate. Im simple looking to reduce the monthly cost. Would be great if I could rent it a few nights a month to cover the monthly payment.
Thanks for reading.