Property Management News
The old adage “location, location, location” is true even more in vacation rental ownership. It’s easy to see the rise in popularity of Airbnb and other online vacation rental sites and think it’s a good idea to buy a property dedicated to short-term housing. But that strategy may not be as simple or lucrative as it seems, experts warn. The old adage “location, location, location” is true even more in vacation rental ownership. “Certain areas are better for year-round renters,” says Will Woodard, a certified financial planner in North Carolina’s Outer Banks. He explains the climate in his hometown: “The weekly [vacation] rental... Read more
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