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Updated almost 4 years ago,
Park City, Utah Condo Rental Success?
Ladies and Gents,
I would like to purchase some condos in the Park City area to rent out most of the year and occasionally stay in with my family for a week period once a year. I would like some of my exit strategy homes to be in the mountains
around a ski resort. Has anyone had success with this model and been able to grow as well as get a decent ROI? I have seen people buy beach condos and have hard time making money after HOA fees, management fees etc.Are there any additional pitfalls that I should be aware of in this kind of approach?I am a buy and hold cash flow investor currently with four properties in another location in the south east. Any help/advice would be appreciated.
V/r,
Rob