Short Term Rental’s in SoWal

By
Real Estate Broker/Owner with Gulf Place @ 30A

1. The short-term rental market is growing.

The short-term rental market is predicted to grow more than 7 percent annually between 2017 and 2021, when it will be worth $194 billion.

2. Short-term rentals can make more money than long-term rentals. They diversify your portfolio and attract a different stream of revenue from people who have the money to travel.

3.Tax advantages. You can now deduct mortgage interest on second homes (see your tax professional for details.)

4.  You will have a vacation home in a place you love to visit yourself.

Even if you are just starting to consider the possibility of owning a second home, renting it during the time you are not using it is the smart way to pay for it. Need more details? Contact me here.

 

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Kate Steven 02/12/2019 04:42 AM
Topic:
Real Estate Sales and Marketing
Location:
Florida Walton County

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Rainmaker
3,022,114
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Peter. A growing market not for the faint of heart. With risk comes reward! Enjoy your day.

Feb 12, 2019 04:40 AM #1
Rainmaker
3,049,333
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Sure wish we HAD short term rentals...none here are less than a year...sigh.

Feb 12, 2019 06:57 AM #2
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Rainmaker
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Peter Mohylsky, SoWal Expert

Let me help you find your path to the beach.
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