Helpful Tips if you Are Considering Buying a Home in Lely Resort for Rental Income
With the ever-fluctuating cost of housing, buying into real estate can be one of the best investments a person can make. However, a lot of important factors can be left out of the final decision when it comes to purchasing a home as rental property. If you are taking the initial steps to invest in a second home, here are some important things to consider before you make the financial commitment. Helpful tips if you are Considering Buying a Home in Lely Resort for Rental Income
Consider the Distance and Access to Get to Naples from your Northern Home
Many people who purchase second homes for investment income choose to buy in places that are sought after, such as Naples, Florida. Whether it’s beachfront property or a resort community like Lely Resort not far from the beach and popular 5th avenue shopping and dining district. While buying a home in a popular area may end up being good for your bank account, just make sure it’s easily accessible from your airport to the fabulous Southwest Regional Airport that serves Naples as well and as far north to Cape Coral. If you’re doing the landlord duties on your own, you may want to consider a property management company such as Stock Rentals to handle things like rental contracts, emergency repairs and coordinating with vendors like house cleaning services such as Vicky Cleaning here in Naples.
A Potential Vacation Home
There is certainly a great financial boon to be found in a home that you can rent out year round, but if you’ve purchased in an enviable location such as Lely Resort, your investment home could yield excellent High Season income January thru April and also give your family a getaway home the rest of the year during low-rental season! in some cases, this approach could pay your entire expenses for the year too!
The Possibility Of Additional Income
If you’re planning to purchase in a popular area like Naples, there’s a good chance you’ll have no issues finding a good renter as long as you have a nice property. However, while renting out a home can seem pretty straightforward, it’s necessary to consider how many months out of the year the place will actually be rented.
There are a number of benefits associated with owning a second home here in Naples for rental property. I’d be pleased to share with you my knowledge and experience in helping buyers find just the right investment to fit there budget. If you are currently considering an investment property, CALL ME NOW. I Work, Live and specialize in Lely Resort properties.
Glenna Froelich direct- 239-784-0166, Office 239-449-3644
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