There has been a lot of news about people vacation- renting their home. A great deal of money is being made by using just a room or the entire home to afford additional income. In many cases, neighbors are upset because they don’t like the noise created by rental guests and the disruption to their private space.
This is a great source of income when you buy or build in Mexico. In many cases you only go down two or three times a year and your home remains vacant.
Vacationers are ecstatic to find a comfortable home, situated in a warm climate, and possibly- near the ocean. This home affords them the opportunity to cook in, if they wish. They can also share the home with friends and keep the rental costs to a bare minimum. A three bedroom home at $395 per night becomes a bargain for three couples, paying at least $200 daily per couple, when they stay at a resort hotel. In many cases they have a private pool, private beach, game room and a great kitchen.
All of a sudden, an expensive vacation at a resort becomes very affordable, when one opts to stay at a private casa in Mexico.
Think about the investment opportunity afforded by such an endeavor.