5 Tips for Buying a Vacation Home - Vacation Rental Property Management by Vacasa YouTube play

The vacation rental business is growing fast—and there’s a LOT of money to be made. Ready to get in on the action by buying your own vacation home?

Great idea! But before you buy, remember: not every vacation HOME makes a smart vacation RENTAL.

Take it from us—with thousands of Vacasa homes across the globe, we know what works. And what doesn’t.

We’re here to help with 5 tips for buying a brilliant vacation home.

ONE: Location, Location, MICROlocation.

Buy a home as close as possible to where people want to vacation: be on the beach, not near the beach; be on the slopes, not halfway down the mountain. Breathtaking views and easy access mean a premium experience—and premium rents.

TWO: The more the merrier.

The more people you can sleep, the more you’ll earn in rent—so look for more bedrooms, more bathrooms, or a cozy nook where you can squeeze in a sofabed!

THREE: Think of the seasons!

Will your rental be accessible all year? The hiking might be incredible during the summer, but if the road into town is impassable in the winter, you’ll miss out on a lot of potential income.

FOUR: Talk to the locals.

Even if you vacation in the same spot every year, owning a home there is very different. Chat with your prospective neighbors about what they like (and don’t like) about the community, how it’s changed over the years, and what it’s like in the offseason.

FIVE: Find an expert.

Just like real estate, it’s best to work with a pro who knows the area where your vacation home is located. Destination communities often come with unique challenges so it can be helpful to have a local team (like Vacasa!) in your corner.

  • Help us improve. Was this article helpful?
  • yes   no

Author: Allison Busse

Allison is the Senior Content Marketing Specialist at Vacasa in Portland, Oregon. She creates resources for vacation rental homeowners with the help of Vacasa's team of experts. Outside of work Allison loves hiking, biking, cooking, and reading.