A vacation rental management platform, Vacasa, has ranked the top waterfront vacation rental destinations where some of the best prospects can be found. The #1 place is found in Gulf Shores Alabama with the picture here of my real estate coach Ricky Carruth’s area.
A second home on or near a waterfront can serve as a revenue stream for you and also have future equity gains as these types of properties have been popular with commercial and mom and pop investors.
The researchers factored in the capitalization rate (Cap Rate) which is generally calculated as the rate of return on a real estate investment property based on the income that the property is expected to generate. The higher the better. Also factored in was the yearly (annual) rate of return on investments.
Is this something that would be of interest to you in purchasing?
