TURNING YOUR SECOND HOME INTO A VACATION RENTAL
Turning you home into a vacation rental can be a great way to bring in extra income and help you pay off your second mortgage. Before you decide if you want to turn your home into a VRBO (vacation rental by owner) as yourself the following questions:
IS IT LEGAL IN MY AREA?
It is a good idea to check with your HOA turning you home into a VRBO. Even if the County allows a VRBO, the HOA may not. Currently, Park County only has one subdivision that will not allow vacation rentals.
CHECK OUT VACATION RENTALS IN YOUR AREA
Look at VRBO.com and similar websites to see how much other rentals are charging in your area. How does your home compare to the homes in the area? Home…