Vacation Homes - More Than Just For Holiday
A vacation home isn't for everyone.
Hermits, for instance, probably don't require a place to get away.
Many of us, however, love the concept of owning a vacation home.
But, for those of you who aren't totally yet in love with the concept, consider the following advantages to owning, simply put, a neat retreat.
It serves as an investment property: In today's world, real estate investment is all the rage and with good reason: real estate investment pays off.
Unlike investing in a business that "might" make it or a stock that "may" soar, real estate almost always appreciates.
You might find yourself buying a vacation home in the Sullivan County real estate market, for instance, for the price tag of 400,000 only to turn around in five years and sell it for 550,000.
For anyone who has the investment bug biting them, venturing towards a vacation home just might prove to be a great journey.
It builds history: A family can be stable and a childhood can be happy without a vacation home: obviously, there are many things more important.
Still, a vacation home enhances the history of a family like nothing else can.
A family that vacations in a Catskills home every summer, for example, builds a past: kids and parents alike know what to look forward to and do every year.
It also takes away the "where should we go for our vacation?" debate.
A debate that can often cause hostility among family members.
It gives you a home away from home: Going somewhere new can be fun: new faces, new places, new experiences.
But, it can also be stressful.
If you find yourself stuck in the middle of the Bahamas with no money and a flat tire, who are you going to call? Going to a vacation home, however, allows you to shed the "one of the locals" skin.
As you visit the same place year after year, you become part of the community and truly find a home away from home.
Besides, having a vacation home doesn't mean you always have to go there: in the event you do visit the Bahamas, just rent out your vacation house to someone else.
It cuts down on prices: A vacation home might be expensive upfront, but it ultimately cuts down on vacation costs.
Not only does it free you from having to stay in a hotel room - and use soap that won't lather - but a vacation home also allows you to keep things at your second house.
Instead of packing for vacations, keep extra clothes at your cottage.
Instead of eating out, stock your fridge.
Instead of buying new toiletries, keep a supply under the sink in your Catskill farmhouse.
It offers opportunities: The term "vacation home" really doesn't do it justice.
A vacation home doesn't only offer an opportunity for you and your family to vacation, but it also offers a variety of other possibilities.
A vacation home can serve as a rental property (and help you supplement your income), a retirement home, or even a place that you end up moving.
To illustrate the point: after you've vacationed in one of the Upstate New York homes for five years, you might decide you never want to leave.
Hermits, for instance, probably don't require a place to get away.
Many of us, however, love the concept of owning a vacation home.
But, for those of you who aren't totally yet in love with the concept, consider the following advantages to owning, simply put, a neat retreat.
It serves as an investment property: In today's world, real estate investment is all the rage and with good reason: real estate investment pays off.
Unlike investing in a business that "might" make it or a stock that "may" soar, real estate almost always appreciates.
You might find yourself buying a vacation home in the Sullivan County real estate market, for instance, for the price tag of 400,000 only to turn around in five years and sell it for 550,000.
For anyone who has the investment bug biting them, venturing towards a vacation home just might prove to be a great journey.
It builds history: A family can be stable and a childhood can be happy without a vacation home: obviously, there are many things more important.
Still, a vacation home enhances the history of a family like nothing else can.
A family that vacations in a Catskills home every summer, for example, builds a past: kids and parents alike know what to look forward to and do every year.
It also takes away the "where should we go for our vacation?" debate.
A debate that can often cause hostility among family members.
It gives you a home away from home: Going somewhere new can be fun: new faces, new places, new experiences.
But, it can also be stressful.
If you find yourself stuck in the middle of the Bahamas with no money and a flat tire, who are you going to call? Going to a vacation home, however, allows you to shed the "one of the locals" skin.
As you visit the same place year after year, you become part of the community and truly find a home away from home.
Besides, having a vacation home doesn't mean you always have to go there: in the event you do visit the Bahamas, just rent out your vacation house to someone else.
It cuts down on prices: A vacation home might be expensive upfront, but it ultimately cuts down on vacation costs.
Not only does it free you from having to stay in a hotel room - and use soap that won't lather - but a vacation home also allows you to keep things at your second house.
Instead of packing for vacations, keep extra clothes at your cottage.
Instead of eating out, stock your fridge.
Instead of buying new toiletries, keep a supply under the sink in your Catskill farmhouse.
It offers opportunities: The term "vacation home" really doesn't do it justice.
A vacation home doesn't only offer an opportunity for you and your family to vacation, but it also offers a variety of other possibilities.
A vacation home can serve as a rental property (and help you supplement your income), a retirement home, or even a place that you end up moving.
To illustrate the point: after you've vacationed in one of the Upstate New York homes for five years, you might decide you never want to leave.
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