Considering Buying an Investment Property?
Merri Ann Simonson checks in again with real estate news and tips…
Vacation Rental Versus Long Term Rental
Now would be a good time to purchase property held for investment and due to market conditions, a rental home in the San Juans would be the best investment. We are not like the metropolitan areas nearby with multiple offers on most every property and robust appreciation; we remain in a buyer’s market in most categories of property.
Once you have made the decision of the type of investment property to purchase, then how you intend to use that property is the next process; vacation rental or long-term rental. To assist you with this process, I have compared the different aspects of each below.
Vacation Rental General Description
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