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      01-14-2019, 11:14 AM   #5
KenB925
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Drives: ZL1, Raptor
Join Date: Feb 2017
Location: Bay Area, CA

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I have a vacation property, that we just started renting out this past summer.

It has been renting well, we bought it well put just over 20% down, the place is now worth just shy of double what we paid.

Being our first year we had a bunch of startup costs. We use a rental company that is local to the property.

So far I would say that renting out a vacation home is a way to offset the costs of owning something that you want. There is the nice up side of the property appreciating (hopefully), all in it is profitable, but not really a source of cash flow.

Depending on where your property is there are other things you can do with it. Ski lease for example, but that comes with what I think are too many disadvantages.

January should be our best month yet, so my tune may change slightly, but the second installment of property taxes are going to be due soon.

If anyone is looking for a place to stay in Tahoe Check it out.
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