N
nmb
Well-Known Member
Holiday lets in the right location can be something of a cash cow although one thing to bear in mind is that you may not be able to let out your property 12 months of the year. Depending upon the location there may be periods where there is little interest, due to weather, etc, so you need to annualise your income to give a fair reflection.
Hopefully you can charge a premium for short-term holiday stays which will more than cover the quiet periods. Does anyone have any experience in this area of the market?
Hopefully you can charge a premium for short-term holiday stays which will more than cover the quiet periods. Does anyone have any experience in this area of the market?