Making An Adventurer’s Investment

Making An Adventurer’s Investment

The idea of two fields as different as investment and travel working together will probably sound like an odd concept to most people. In this case, you won’t be simply using your passion and sales skills to earn your way to a fortune, though. Instead, you will be using investment to enhance your desire to roam. To help you out with this, this post will be exploring one of the best investments around: vacation home purchases.

Learn why a vacation home purchase is a great investment to enhance your desire to roam the world! #Vacationhomes #InvestInTravel #Adventurer Click To Tweet

What To Buy?

The first challenge you’ll be facing in this sort of job will be deciding on the exact vacation home you’d like to buy. In most cases, this place can be a lot smaller than your normal home, as you won’t need to have as many people staying there. Along with saving money, this will also make the place more discreet. Websites like Instagram will be able to give you loads of inspiration when choosing a place like this. Of course, though, you’ll probably have a good idea of what you like and dislike already.

Getting Some Help.

At some point during the process of buying your property, you’ll need some help. Whether you need some support in finding the place or getting the document handled, companies like http://chinquapinnc.com are the perfect option when you’re starting out. There are loads of professionals out there who are experienced in the right fields. To find them, you may have to do some hunting, and this could mean looking through some reviews at the options you have.

Use Your Downtime

Of course, a lot of people will be wondering where the investment part of this comes in. It’s unlikely that you’ll be living in your vacation home permanently. Instead, you will be there for a short time and then it will sit empty for most of the year. During these times, other people could be paying you for the privilege to vacation in your property. Companies like Airbnb make it nice and easy to get people to stay in your place. Of course, being a good host is the most important thing to make this investment worthwhile.

Having a Vacation Home is a great investment for any adventurer looking for ways to fund their own journeys! #VacationHome #InvestInTravel #AirBnB Click To Tweet

It Doesn’t Have To Tie You Down:

Being a free spirit with the wandering bug can make it hard to even consider the idea of settling down. In reality, though, this sort of method doesn’t have to be the end of your adventure, With rent being paid to you, you have the chance to use the extra income to fund more journeys than ever before. A lot of people relish the chance to earn some money while they’re away, and this could be the perfect way to do it.

Hopefully, this post will inspire you to start working harder on the time you put into your vacation home options. Not a lot of people will think about this sort of idea, casting it aside and assuming that it won’t work for them. Of course, though, making money for your travel could give you loads of freedom which you haven’t had before.

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19 thoughts on “Making An Adventurer’s Investment

  1. I save a lot of money by not spending it. It’s important to understand that having another house is a lot of work, a lot of effort, and the annual maintenance can be a real nightmare – especially in a hard-to-reach location. If you pay someone to do it, then you cut into a vast majority of your profits. My family has several vacation homes and I grew up dealing with it. They don’t travel much but to their homes and I understand why. This might work for some people, but definitely not for me. Instead, I have an investment account that needs little attention and draw earnings out of that to travel.

  2. It’s actually the way we financed our travels the last two years. We rented out our home and some apartments in two of our houses. Only difference, it’s not only for holiday homes.

  3. I always think that investment in property is the safest way to look after your finances. I’m not so interested in a holiday house investment, but we have 2 properties at home that are rented permanently and it’s a good feeling to know that those solid structures will be there for us should we need a home that’s not on wheels, sometime in the future.

  4. I can see maybe having a vacation home at some point, and if you do it right, it can be a good investment. I still think it’s too much of a commitment, the most being that you have to still take care of and manage it (even if you hire a company to do it), which can be stressful and time consuming. But then there are all the benefits too!

  5. Interesting post! Right now we can’t imagine purchasing a vacation home because of the general time and upkeep required with short-term rentals. We also don’t have a location we wish to return to regularly. We have, however, purchased some investment property and plan to get some more. 12 month leases require less maintenance and even though we don’t get to take advantage of them ourselves, we get a great return on investment.

  6. This is an idea that my husband and I have been kicking around. Like your positive thoughts on the subject. Our problem is always “where?” but maybe the Airbnb option solves that. Thank you.

  7. I’d love to buy a vacation home in some amazing destination, maybe one of the Greek islands and live there for the summer while renting it out on airbnb rest of the time!

  8. Airbnb is such a great way to make income on an empty home – I used it to rent out my last place whenever I was traveling, and it often paid for my trip!

  9. Hmm, I don’t know what to make of this… While I like the idea and it sounds all nice and easy “Just rent it out on AirBnb!” I feel like – as you said – you need to be present more than you’d like to make this a successful venture. I guess you could create some guides for visitors to help them explore the surroundings. But you’ll need someone to hand over the keys, clean and prepare the place, and be available in case there are problems. So you have to either rely on friends and family or pay someone trusting they take as good care of the property as you would. I see that as a major impediment.
    However, apart from those issues, I guess investing in a holiday property comes with more perks than leaving the money in a bank 😉

    Thank you, as always, for your inspirational posts!
    C

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