luxury home rental: Luxury Properties - Should you consider a short term rental?
- 05/16/07 12:45 AM
Luxury home owners looking to sell are benefitting from short term rentals of their property. Depending on the location of the home, short term rentals can bring in a healthy source of revenue. Christine Karpinski, author of How to Rent Vacation Properties by Owner states, "even an average home can bring in $30,000 a year." Ms. Karpinski was recently quoted in a NY Times article by Jay Romano. There are some items to be mindful of such as being aware of local tax laws and deciding if you want to use a manager. In many cases the same real estate broker … (2 comments)
Luxury home owners looking to sell are benefitting from short term rentals of their property. Depending on the location of the home, short term rentals can bring in a healthy source of revenue. Christine Karpinski, author of How to Rent Vacation Properties by Owner states, "even an average home can bring in $30,000 a year." Ms. Karpinski was recently quoted in a NY Times article by Jay Romano.
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