Covid-19 has damaged my 2020 rental revenue severely. The good news is I’m getting some revenue and staying healthy.
I shared in a different thread: In the past few weeks property in my area is selling Lightening fast.
Today this article popped into my Apple news feed. The focus is where to buy a 2nd home with rental potential. I guess they don’t think the vacation business as dying
My area is the first one listed.
Yippee for my resale values. The original concern was the values would fall when rentals fell.
Since it is a 11 hour drive (hard day drive so no air travel required) from NY city, people are snapping up property so they won’t be “stuck” during the anticipated fall Covid-19 resurgence. (Usually 11 months of golf-able or walk the beach weather)
I am conflicted if I’m glad or unhappy.