Has the desire to own a home on the beach ever crossed your mind? We have all heard the standard “I will buy a home and rent it out when I do not want to use it,” phrase. However cliche it may sound there is truth to that logic. When you own vacation rentals in Destin, FL you have the perfect combination of business and pleasure.
If you have decided to purchase of a home away from home, look for a place that people will want to escape. A vacation home that generates income should appeal to you and prospective tenants. Keep in mind that this can include everything from a home’s central location to the exterior landscaping and the interior decor.
With that taken into consideration, the next big ticket item that should come up is budget. Just like your primary residence, you need to understand the total price of home ownership from property taxes and insurance to management fees. These fees can be minimal in comparison to rental income generated with the right property.
At Southern, we offer a variety of resources to not only help you find your vacation home, but to manage it as well. Contact our property managers for more information about our available vacation rental programs in Destin or visit RE/MAXSouthern.com to search all Emerald Coast real estate opportunities.