Vacation rentals and short uses

**RedCarpetSchool** · 05-14-2009, 07:36 PM

I am curious about the success with using your home as a vacation getaway rental or short term in City rental.

What have been the pros and cons?
What is the money like as opposed to leasing?
Any good stories about the management companies that you have used?

My curiosity was peeked after reading this article.
http://247wallst.com/2009/05/13/willing-renting-be-the-undoing-of-home-prices/?ref=patrick.net

**shubh** · 06-03-2009, 02:31 AM

The trend of letting your house for short term rental use is increasing day by day because of the increasing rates of resorts and hotels. Most tourists look for low priced options to stay. The return is comparative good and risk is very low. Just get your property listed with reputed booking agencies. To know more about latest real estate rental practices and trends, you may visit foreclosureworkouts.info like sites also.

**Greg** · 06-04-2009, 05:01 AM

I don't understand your question. The article is about people becoming renters for life and never buying homes as the reason for the decline in the real estate market. Your question is about vacation rentals.

The article is so simplistic that it does not really deserve much thought. Renters rarely get the chance to set down long time roots. The house can be sold out from under them at any time. As long as people crave stability in their lives they will want to own the house they live in.

Search this forum and you will find numerous people who have lost a lot of money in their houses and they come here asking advice on buying another one. 5 years from now this will all be ancient history. Nobody remembered the last recession when everybody's house values went down and they won't remember this one.