Second Home Season = Sweet Stream of Income
I love beautiful spaces with gardens and trees and a touch of old-world charm.
I also enjoy having a staycation at home.
Spring has sprung and summer is on the way. The sunny season brings life to vibrant vacations and a time to explore, relax, and wind down.
Intentional investing in the right summer space brings a great getaway place and another way to create an additional stream of income. A financially savvy way of doing so is to purchase an income-producing vacation home.
"I love beautiful spaces with gardens and trees and a touch of old-world charm. I also enjoy having a staycation at home."
THE BEST PLACES TO PURCHASE A VACATION RENTAL IN 2021
Lake Havasu City, Arizona
Hotspot: Lake Havasu
Highlights: boating, fishing, & water sports
median rental income: $33,588
median listing price: $272,509
Mountains of Blue Ridge, Georgia
Hotspots: McCaysville & Copper Hill
Highlights: trails and waterfalls
median rental revenue: $47,042
median listing price: $260,476
The Catskills, New York
Hotspots: Margaretville & Windam
Highlights: romantic getaways & heritage of arts and culture
median rental revenue: $30,953
median listing price: $256,709
The Pocono Mountains, Pennsylvania
Hotspots: Tobyhanna, Poconos Lake & Albrightsville
Highlights: expansive woodlands and picturesque mountain views.
median rental revenue: $36,254
median listing price: $180,581
Pigeon Forge, Tennesee
Hotspots: Gatlinburg & Sevierville
Highlights: Family-friendly activities & breathtaking natural beauty
median rental revenue:$42,085
median listing price: $221,610
Hotspots: Lake Grandbury
(sandwiched between Dallas & Fort Worth, Texas)
Highlights: Easy lake access & lakefront view
median rental revenue: $42,500
median listing price: $262,625