ARE VACATION HOMES A GOOD INVESTMENT? NOT IF YOU FEEL GUILTY.

The Evolve TeamLeave a Comment

Nearly Half of Vacation Homeowners Feel Guilty About Low Usage

It began as a dream: a second home. A place you could use for personal vacations. A home in one of your favorite locations. Maybe even a place to rent to others to cover the costs (or more). You’d enjoy the memories (and potentially the money) you’d make year-round. 

So you searched for the best places to buy a vacation rental. You crunched the numbers on a vacation rental income calculator. You talked to some people and they all agreed it was a good idea. Finally, you took the leap, purchased the property, and then…

You never really got around to it. Then one day you realize you’re not using your vacation home nearly as much as you thought. In fact, you feel guilty about how often the home sits there vacant. 

How did this happen? How did something that seemed so exciting and rewarding turn into such a drag? 

ABOUT 1 IN 2 VACATION HOMEOWNERS FEEL GUILTY

A recent LendingTree survey of Americans who currently own or have previously owned another home in addition to their primary residence found that a whopping 49% feel guilty about not using their home as much as they intended

In fact, just over a quarter (26%) of respondents personally use their home more than five times each year. More than a third (37%) only use their vacation home once a year or less.

So you’re not alone. But that doesn’t make you feel any better. Visiting the home more might cheer you up, but you just haven’t been able to make that happen like you thought you might. 

The answer, of course, is renting your vacation home. 

NEARLY 6 IN 10 HAVEN’T EVER RENTED OUT THE PROPERTY

The same survey notes that more than half (56%) of vacation homeowners bought their home to rent it out, but 59% haven’t ever rented out the property. Only a small minority of them manage to rent their properties year-round. 

Wait. So owners are not using their home as much as they’d like AND they’re not renting it out to others? This is starting to sound like a bad vacation rental investment.  

Does this sound like you? If so, we can help.

WE MAKE VACATION RENTAL EASY (AND GUILT-FREE)

The truth is that any homeowner who has a vacation rental has a very valuable asset and a new choice for unlocking that property’s true potential: Evolve Vacation Rental. 

Chances are, you made a good investment. You chose a property in an area people like to vacation. You chose a property that, in theory, made your vacation rental income calculator very happy. And now, you can get a vacation rental business off the ground pretty easily with our help. 

That’s because Evolve’s mission is to make vacation rental easy for everyone. 

You don’t have to do it all yourself. And you don’t have to sign a contract with an overpriced property manager. 

Our lightweight management approach gives you total marketing, booking, and customer support, plus the power to choose your own “home team” to clean and monitor your property. 

Basically, we drive more guests to your property for maximum income, while giving you more choices with fewer rules — all for an industry-low 10% booking fee.

Sound like a better investment? Then lose the guilt and see if your property qualifies for Evolve.