Home Buying in Big Sky>Question Details

N. Maclean, Home Buyer in White Plains, NY

Rental Investments?

Asked by N. Maclean, White Plains, NY Tue Jul 30, 2013

Conservatively, how long is the rental season? Is there much demand in the area for 3 bed 3 bath rentals? I guess what I'm asking is will I be able to cover the cost of the property by renting part of the year?

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Answers

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The "seasonal" rental season in approximately 100 days...for a well located and marketed property. The rental revenues from overnight seasonal rentals will generally cover your NON financing costs...ie, HOA dues, taxes and consumable expenses.
It would be helpful to have an idea of where the property is located...ie, ski in ski out will generate more revenue, however ski in ski out properties also cost more to purchase.
0 votes Thank Flag Link Sun May 4, 2014
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