Industry news for vacation rentals
In the rental home market, vacation rentals are quickly becoming a powerful alternative to long-term tenant rentals for investment residential property. Some properties that are ill-suited to becoming a family home make fantastic vacation rentals, and many homes could serve well in either market depending on the neighborhood and what you want to do with the property.
Myrtle Beach is a top vacation destination in South Carolina, offering a 60 mile stretch of beaches. From golf courses and arcades to restaurant dining and shopping, this vacation resort area offers a prime opportunity for investors to find vacation rental properties.
While many investors who purchase rental property focus on residences intended for year-around living, there is no denying the fact that vacation rental properties can provide an excellent income revenue.