Contact Us
  • Cathi & Ben Walter
  • Sales & Marketing Specialist, Realtor
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • F:
  • E: Cathi@DesertAreaHomeFinder.com
  • DRE# 01346930
  • Contact
Social Media
Subscribe to Desert Area Home Finder Blog Updates
A Message From Cathi & Ben...

We hear similar stories repeated in different ways from our clients; At first, they look forward to stolen weekend's to golf & relax in the desert - they gradually discover they're crafting ways to spend more time here until it becomes clear, life just doesn't get any better than this."

Once that realization hit's, the process of change begins... We know what an extraordinary commodity your home is - buying or selling a home can be one of the most important decisions you will make and having the right team on your side will make the difference.

We specialize in homes throughout the Palm Springs Valley including Palm Desert Real Estate & Homes, Indian Wells Real Estate & Homes, La Quinta Real Estate & Homes, Rancho Mirage Real Estate & Homes, Palm Springs Real Estate & Homes& Indio Hills Real Estate & Homes. Whether you want to buy or sell an estate, lock & leave property with income potential, a resort property, land to build your dream home, or a property located in a country club or golf community we know the desert and are here to help. Our motto, If its important to you, it's important to us, guides us as we help our clients buy or sell a home in the desert.

Thank you for visiting DesertAreaHomeFinder.com, we hope you find our site helpful and we look forward to speaking with you it's easy, just click on the picture of a cell phone in the upper right corner of this web site and it will ring our cell phone directly.

Personal Messages

Palm Desert Vacation Homes

Thinking About Buying a Vacation Home For Income Potential?
Palm Desert Vacation Homes

 

 

 

Here are Four tips to help you make the right choice:

  • Make Sure It’s Rentable…
    Whether you’re interested in renting your place out or not, it’s a good idea to buy with renting in mind–after all, a vacation property’s rental potential will certainly affect its resale value. You’ll want to ensure local ordinances allow for short term rentals, and that your property is in a location (and condition) that’s attractive to renters.
  • But Don’t Rely On Rental Income…

Palm Desert Vacation Homes

While renting can be a great source of income, it’s rare for rental revenues to cover all the costs of owning and operating your vacation home. Additionally, to benefit from tax deductions associated with renting, you’ll only be able to occupy your vacation home for two weeks or 10 percent of the rental days, whichever is greater. If that doesn’t sound realistic, you’ll have to include those costs in your thinking as well.

  • Be Realistic About Price…

Remember that a vacation home is icing on the cake, not the cake itself. Remember, too, , banks are imposing stricter requirements on loan applicants for second homes. Before you commit to a big, golf course home, be sure you have enough cash flow to cover your new mortgage, in addition to all of the other costs .

  • Do Hands-On Research…

It’s obvious you should not buy a vacation home sight unseen. But more than that, you should not buy a vacation home unless you absolutely love the area. Since a vacation home is a long term investment, and since you’ll still own (and pay for) your vacation property in the off season, it’s important to get a full experience of the surrounding community before you commit.

 

Comments are closed.

Get In Touch

  • Cathi & Ben Walter
  • REALTOR ®
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • E: Cathi@DesertAreaHomeFinder.com
  • CalBRE# 01346930

Connect With Us

facebook twitter linkedin youtube yelp
Virtual Results Theme Framework