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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

We bought a lakefront condo 10 years ago near lakes and an area known for entertainment venues, for what I thought at the time were great reasons. It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. Why we bought. Diversify our investment holdings.

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Needs vs. Wants

Prairie Eco-Thrifter

In 1950, according to MSN Real Estate , the average home size was 983 square feet. TV was family entertainment and watched as a family. One bath and two bedrooms were typical. Would you want to live in a one bath 2 bedroom home now with a family of 4 or 5? Ours is over 2200 square feet. A TV in every room. Need or want?

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House & Home - Don't Rent a Single-Family Home Without Asking These Questions

Motherhood Moments

And it’s likely that you’ll want to set aside some money to furnish or decorate your new rental home. “If It’s easy to say to yourself, I can make this work—I’ll cut costs elsewhere …but will you still feel that way if you have to cut back on your family’s recreation and entertainment budget, for instance?”

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