Comments on: Making An Adventurer’s Investment

By: Carola

Carola — Mon, 08 Jan 2018 02:24:49 +0000

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

By: Leigh

Leigh — Sat, 06 Jan 2018 21:26:58 +0000

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!

By: Eric Gamble

Eric Gamble — Fri, 05 Jan 2018 23:21:48 +0000

In reply to Medha. That sounds like a genius idea!

By: Medha

Medha — Fri, 05 Jan 2018 20:43:25 +0000

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!

By: Lori

Lori — Thu, 04 Jan 2018 21:42:01 +0000

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.

By: Eric Gamble

Eric Gamble — Wed, 03 Jan 2018 23:53:03 +0000

In reply to Sanne - Spend Life Traveling. Awesome, good luck on your next investment

By: Sanne - Spend Life Traveling

Sanne - Spend Life Traveling — Wed, 03 Jan 2018 23:33:44 +0000

I don’t have a vacation home but I do own real estate that I rent out to pay for my travels. It can be tricky but if you get it right it is definitely worth it and I am hoping to buy another apartment before the end of the year!

By: Jessica

Jessica — Wed, 03 Jan 2018 04:49:03 +0000

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.

By: Laura Lynch

Laura Lynch — Tue, 02 Jan 2018 17:30:14 +0000

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!

By: Yasha

Yasha — Mon, 01 Jan 2018 19:38:05 +0000

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.

By: Eric Gamble

Eric Gamble — Sat, 30 Dec 2017 22:48:19 +0000

In reply to Marcelle. . I love hearing this! Congrats

By: Marcelle

Marcelle — Sat, 30 Dec 2017 20:40:39 +0000

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.

By: Meg

Meg — Thu, 28 Dec 2017 14:54:28 +0000

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.

By: A

Thu, 28 Dec 2017 04:42:10 +0000

This is my plan as well. I guess I’ll finalize places in 2018 before investing.

By: Bex

Bex — Wed, 27 Dec 2017 23:18:48 +0000

My parents will be looking for a holiday home in the next few years or so so this is a really interesting read!