- Sep 8, 2014
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Does anyone here own a vacation home?
We have a cabin in Shenandoah County, VA (about 115 miles from my house in Arlington, VA). We rent it on airbnb, and use it 10-15 times/year. We make around $20K gross (a little over $12K net). I built it w/ my cousin and paid cash for it as it went along, took 2 years to build. Finished it in 2014. We didn't plan on making it a vacation rental, but some friends were making money on airbnb and I got transferred to Norfolk (which is a 4+ hour drive vs. 2 hours from DC), so we decided to give it a try. It's been an overwhelming success. My wife handles everything (because I'm too short-fused to deal w/ some of the idiots who rent it). We have over 80 reviews on the cabin.
I retire next year, hoping to move back to Florida by 2021 (22 at the latest) and we plan to sell off the Virginia properties and buy a vacation home/airbnb in Florida.
Just curious if anyone else has a vacation home and/or an airbnb (homeaway, vrbo, etc) and how you manage it.
We have a cabin in Shenandoah County, VA (about 115 miles from my house in Arlington, VA). We rent it on airbnb, and use it 10-15 times/year. We make around $20K gross (a little over $12K net). I built it w/ my cousin and paid cash for it as it went along, took 2 years to build. Finished it in 2014. We didn't plan on making it a vacation rental, but some friends were making money on airbnb and I got transferred to Norfolk (which is a 4+ hour drive vs. 2 hours from DC), so we decided to give it a try. It's been an overwhelming success. My wife handles everything (because I'm too short-fused to deal w/ some of the idiots who rent it). We have over 80 reviews on the cabin.
I retire next year, hoping to move back to Florida by 2021 (22 at the latest) and we plan to sell off the Virginia properties and buy a vacation home/airbnb in Florida.
Just curious if anyone else has a vacation home and/or an airbnb (homeaway, vrbo, etc) and how you manage it.