To those of you that own a vacation home

[purbeast0]

I'm just wondering if the majority of people whom own a vacation house actually make money off of it through rentals or do you have it more for personal use? I'm just curious because I was looking at the house prices in Aruba and you can get them for cheap (under $100K), and people will pay over $1K/week to rent them out. thats over $4K/mo before paying the expenses of upkeep, and its hot year round there as well.

 

[snoopdoug1]

Link to the vacation houses? I want one.

 

[purbeast0]

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

 

[Mo0o]

Originally posted by: purbeast0

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

Is it likely that it'll be booked solid every week?

 

[Anubis]

nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

 

[purbeast0]

Originally posted by: Mo0o

Originally posted by: purbeast0

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

Is it likely that it'll be booked solid every week?

take a look at the rates/availabilty link on the homepage of that site. you will see its booked pretty much every day this year except maybe 1 month total.

 

[purbeast0]

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

:thumbsup:

nice, where is that located?

 

[Anubis]

Originally posted by: purbeast0

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

:thumbsup:

nice, where is that located?

Coast of Maine, Lil east of bath

thats the mouth of the Kenneybeck

 

[GasX]

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

Cuz? Is that you?

 

[dxkj]

Originally posted by: Mo0o

Originally posted by: purbeast0

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

Is it likely that it'll be booked solid every week?

No, but figure that 12-15 weeks a year would make payments easily

 

[Anubis]

Originally posted by: Mwilding

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

Cuz? Is that you?

dont think so, i dont have any family in NJ

 

[GasX]

Originally posted by: Anubis

Originally posted by: Mwilding

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

Cuz? Is that you?

dont think so, i dont have any family in NJ

I used to live in PA..

 

[Tu13erhead]

Originally posted by: purbeast0

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

I wonder where on the island this is...

 

[OREOSpeedwagon]

Wow, $1k a week is really really cheap for such a tourist hotspot. These sh!tty cabins we saw in Gatlinburg a few weeks back were going for about $175/night, so that's $1225/week. I think you could charge a lot more easily (if it's anything like the link you posted, you could get a ton more)

 

[Anubis]

Originally posted by: Mwilding

Originally posted by: Anubis

Originally posted by: Mwilding

Originally posted by: Anubis
nope dont make money from it because we are the only ones that use it

It From the Water

Looking out from the Deck

Cuz? Is that you?

dont think so, i dont have any family in NJ

I used to live in PA..

judgeing by the pics on your website listed in your profile, still nope, unless the rest of my fam have been keeping me in the dark about something

 

[purbeast0]

Originally posted by: Tu13erhead

Originally posted by: purbeast0

Originally posted by: Doug3737
Link to the vacation houses? I want one.

Text

I was talking to the owner of this house. The house itself was $78,000 to build, and the land was $23,000.

After adding the extra privacy wall, the security system, a pool, an extra bathroom, an extra storage room, and an extra closet, and all the furniture, it was close to $200K.

but again, this was a brand new project and started from scratch

I wonder where on the island this is...

they say on the page. its right near the airport and is minutes from downtown. the airport itself is pretty close to a beach as well. its in a residential area, not a tourist spot.

still though, the island is tiny and you could drive to the beach easily from anywhere on the island. eagle beach is about 5 mins from downtown, so this can't be less than 10 minutes from eagle beach.