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Investing/Strategies / Vacation Rental Management
|Subject: Re: Another Buying Issue||Date: 11/18/2011 6:43 AM|
|Author: inparadise||Number: 60 of 98|
Ski season is mid November - March, sometimes April depending on snow, so only 4 1/2 to 5 months.
April, May, September, October and first half of November are dead times, too cold to do anything, yet no skiing.
That's a tall order for positive cash flow. We have a definite prime season as well, with the summer being the strongest, but Spring and Fall are decent as well for the hikers and fishermen, as well as some desire in the winter for hunters. At least one of the rentals in the area is highly booked for most of the year...weekends at least. It's hard to know just what the number of days it will rent for, which is why I also take the approach of how many weeks does it need to rent for to pay for itself, as well as trying to figure out ROE.
Good luck, and keep us posted on your search!
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