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#6286 |
Veteran
Join Date: Dec 2019
Location: Ohio
Casino cash: $-1629600
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Does anyone have any experience with vacation rentals as an investment?
I am thinking about vacation rentals vs locals as I don’t want to deal with the horror stories I’ve heard about with long term rentals. Also, I’d prefer to pay management company do to the bookings, cleaning and maintenance. I realize this approach will lower returns but may be worth the money for my situation. I’d be looking to cash buy properties vs financing. Any advice on where to start, what to do (or not to do)? Would love any sage wisdom you may have on the topic. |
Posts: 1,894
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#6287 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Quote:
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Posts: 40,646
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#6288 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $-1401756
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Quote:
About to blow up! |
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Posts: 36,846
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#6289 | |
Veteran
Join Date: Dec 2019
Location: Ohio
Casino cash: $-1629600
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Quote:
If you had it to do over again, would you still get into long term, local rentals? |
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Posts: 1,894
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#6290 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1368100
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Posts: 46,301
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#6291 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $-203864
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Weird that retail stores suck but the banks that run the company cards have gained so much like ADS
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Posts: 54,942
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#6292 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Posts: 40,646
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#6293 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Absolutely , I have most of them paid off now and live off the income. EVERYBODY should have at least a couple rentals for retirement income.
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Posts: 40,646
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#6294 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-1727750
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Quote:
Tesla recently bought me one and I quickly landed an older couple. As long as they don't die soon, it's looking great. I'm not sure I could play the cheap young rental game. They're one bad weekend from cooking meth in your bathroom. |
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Posts: 9,013
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#6295 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1375266
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Posts: 59,932
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#6296 |
Starter
Join Date: Jan 2014
Casino cash: $9404927
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4 asset portfolio:
- $NET - $ARKG - Mahomes rookie cards - Cocaine Literally can't go tits up |
Posts: 574
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#6297 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $-1420389
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Anyone know anything about NIO? They’re a Tesla competitor who delivered a record amount of electric cars in November.
Not sure if they’d be a buy or not
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Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 52,064
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#6298 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Quote:
I have 100 shares and I'm not selling. $45 is in the buy zone, IMO! If you want to get in the EV space I'd also look at SBE and BEEM. |
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Posts: 40,646
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#6299 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-720000
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A group of my golf buddies back in NJ started buying this in the $9-12 range about 6-8 months ago. They are all very happy.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,921
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#6300 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $8389646
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Tesla blows past the $600 mark!
Sent from my iPhone using Tapatalk |
Posts: 23,384
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