I am wondering if anyone invests in vacation rental resl estate for income and appreciation. I am hoping to get some general guidance as well as specifics on the best way to approach it, best locations to invest in, etc.
Some brief background about me. I am 56 and still working in an executive position. Will probably work for about 4 more years in my current job and then will either retire or do some part time consulting or Board work. I should have about 500K per year for each of the next 4 years to invest. I am considering putting about half of it into vacation real estate.
I would appreciate any insights you might have on this.
Some brief background about me. I am 56 and still working in an executive position. Will probably work for about 4 more years in my current job and then will either retire or do some part time consulting or Board work. I should have about 500K per year for each of the next 4 years to invest. I am considering putting about half of it into vacation real estate.
I would appreciate any insights you might have on this.