September 14, 2020

The green you'll need for a getaway property

Owning a vacation/second-home sounds like an appetizing prospect. You can use the property as a personal getaway destination when you're looking for some overdue R&R. And you can lease out the residence via Airbnb and other short-term rental platforms whenever you're not occupying it.

But purchasing, owning, maintaining, and managing a vacation home won't be easy. Plus, there are plenty of expenses to consider before committing to this major transaction. To learn more about the bread required, as well as many unexpected out-of-pocket costs you'll be responsible for, read my newest article for Bankrate, available here.