11 Things I learned After Owning a Vacation Property
AUGUST 11, 2015
We purchased a vacation condo in a local resort area in 2006 (yep, right before the crash). Although the operating costs are typically covered entirely each year, the opportunity cost of having all that money tied up in a property (which lost value the year after we bought it due to the recession) is huge. My sister-in-law and her husband had one that they used and rented out and indicated that it was doing well. That gave me the idea to start looking around for one too.