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Скачать или смотреть Should you Rent or Buy Your Vacation Home?

  • HerPlanning®
  • 2025-04-29
  • 317
Should you Rent or Buy Your Vacation Home?
HerPlanningFinancial PlannerInvesting for WomenWomen & FinanceMoneyMillenial Moneyinvestingfemales & Financefinancial plannerblack financial plannerfemale financial plannerfemale financial advisordivorcedivorce financial planning
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Описание к видео Should you Rent or Buy Your Vacation Home?

Summer's almost here and you may be thinking about buying a #vacationhome in your favorite destination.

Check out Kristin's recent conversation with KOTV - News On 6's Autumn Bracey where they talk about the Pros & Cons of Renting or Buying a vacation home.

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Ready to decide which is right for you? Get started with our Rent Vs. Buy Checklist Below.

Post your score in the comments! Where would you buy a vacation property?

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🏡 Vacation Home Rent vs. Buy Checklist
1. Usage

✅ I plan to visit the area at least ___ weeks per year (generally 6+ weeks/year makes buying more reasonable).

✅ I am comfortable committing to the same location for most vacations over the next 5–10 years.

2. Financial Readiness

✅ I have enough savings for down payment + closing costs (usually 10–20% down for a second home).

✅ I have extra funds available for maintenance, property taxes, insurance, and emergencies.

✅ I’m not relying on rental income to break even (bonus if rentals help, but don’t need it to afford the home).

3. Rental Rules and Local Market

✅ I’ve researched local short-term rental regulations (if planning to Airbnb/VRBO).

✅ I understand the real estate market trends in the area (prices, rental demand, resale strength).

✅ I have a plan for property management if I don’t live nearby.

4. Lifestyle

✅ I want a personalized space I can leave "as is" between visits (no packing/unpacking stress).

✅ I’m okay with less flexibility in where I vacation year after year.

✅I prefer investing in a long-term lifestyle asset rather than short-term experiences.

➡️ Quick Score:
If you said yes to 8+✅ → Buying could be a strong option.

If you check fewer than 8 ✅ → Renting may be a smarter, safer choice for now.

The hardest part is getting started.
Reach out to us now to schedule your FREE Discovery Meeting.
www.HerPlanning.com
text: 619.333.5418 | [email protected]
Securities and Advisory Services offered through LPL Financial,
a Registered Investment Advisor. Member FINRA/SIPC.

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