Vacation rentals, when done right, are a cash cow. They will print you money in your sleep! They can be extremely lucrative. But on the flip side, if you invest in vacation rentals wrong, they will drain the life out of your bank account. I see this most often with people who buy properties in areas they don’t know, without doing their homework. There is a strategy to successful vacation rental investments.
This fall, we’re hosting an event in Palm Springs to specifically talk about vacation rentals, investments, and retiring with lots of pajama money. In fact, my special guest for this video is a vacation rental and investment specialist: Jay Agoado.
Before you ever buy a vacation rental or any investment property, you have to understand what you’re getting into. You have to know the property, know the area, know your finances, know your business plan, and know yourself.
Watch the video for Jay’s story and some great examples of how to make vacation rentals profitable. This is just a taste of what we’re going to cover in our 3-day class in Palm Springs.
Join us for FOUR compelling Denise Live sessions designed to help with your property investments.
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- Denise Live every Tuesday morning at 9:00 am -
- Market Survival Guide first and third Tuesdays at Noon -
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By Denise Lones CSP, M.I.R.M., CDEI - The founding partner of The Lones Group, Denise Lones, brings nearly three decades of experience in the real estate industry. With agent/broker coaching, expertise in branding, lead generation, strategic marketing, business analysis, new home project planning, product development, Denise is nationally recognized as the source for all things real estate. With a passion for improvement, Denise has helped thousands of real estate agents, brokers, and managers build their business to unprecedented levels of success, while helping them maintain balance and quality of life.