Kelly Worley Team

Analyzing a Market for Purchasing a Vacation Rental

May 6th, 2021

If you are considering buying a vacation rental property, the very first step is picking a good market to get started. “Where am I going to do this?” is a crucial piece of your real estate investment decision. People will only really vacation to certain areas of the country that have a tourism draw, so an investor should consider that and get crystal clear on your intended use. The main element that differentiates a “vacation rental” from a “vacation home” is that one will be generating income, and the other won’t. As a former consultant of thousands of vacation rental buyers nationwide, I’ve discovered the same fundamentals apply wherever you end up decid