| Want to hedge your bets in this bad economy? | | | | manage and promote it yourself, however, if you |
| Buy a vacation rental property and manage it | | | | want to save 40% or more in management |
| yourself from your home office. | | | | company fees! These jobs are not hard, and can |
| That's right. Vacation rentals and resorts are hot | | | | be learned quickly. |
| buys right now - and will only increase in value | | | | For example, let's say you buy a beach condo in |
| even if other properties don't. But don't take my | | | | Florida for the right price (easy to do these days). |
| word for it. Donald Trump has also announced the | | | | Add a few nice touches, take some great |
| deals to be had in resort real estate. During | | | | pictures, hire a local cleaning person and |
| recent interviews on CNN and Fox News, he | | | | handyman, create a simple website with a PayPal |
| explained why he bought resort properties. With | | | | account, advertise it on vacation rental websites, |
| the excitement of a teenager on his first date, | | | | and VOILA! You have rent money in your |
| Trump squealed: "I got it for about half off what I | | | | account before the first mortgage payment is |
| would have had to pay only two years ago!" | | | | due! I like that. |
| What, though, does this means to the "little | | | | Obviously there is more to it, but the market |
| people" like you and me? Only this: don't hide. Here | | | | upside is fairly recession-proof. Look at the facts: |
| is a real opportunity. Vacation property is no | | | | people are still going on vacations in droves, |
| longer the domain of only the rich and famous. My | | | | despite high gas prices, airfare hikes, terrorist |
| wife and I owned up to four rentals at any given | | | | scares, and real estate values that are |
| time - and love having the luxury of our own | | | | plummeting in other sectors. During rough times, |
| getaways that pay for themselves. While the | | | | folks need to get away from it all. If you provide |
| stock market is looking more like a casino every | | | | them with a simple solution to this pressure, you |
| day, a real estate asset that is solid and pays big | | | | become a hero AND get paid handsomely in |
| dividends is a no-brainer. | | | | return. |
| Vacation real estate will have equity value from | | | | The vacation rental business is also a great |
| day one, since you can buy it these days for a | | | | part-time home business. Once you are successful |
| discount. It will also pay you with steady rentals | | | | with one property, there is no reason why you |
| for about the same price WEEKLY as you would | | | | can' t own and manage more, and have the |
| normally rent another property MONTHLY! And | | | | properties pay for themselves. So do yourself a |
| you still get all the same tax deductions, PLUS a | | | | favor: buy a do-it-yourself vacation rental |
| great place to "getaway" yourself. Make sure you | | | | property and start enjoying life today! |