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    Home»Architects»Buying Vacation Rental Property
    Architects

    Buying Vacation Rental Property

    Soft2share.comBy Soft2share.com18 October 2019No Comments4 Mins Read
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    I Admit It

    I lived the so-called “American Dream.” I had a large house with 5 bedrooms, 4 baths, massive walk-in closets, a 3-car garage, pool, and within a gated community. I received a good 6 figure income from my work, traveled, dined out, and once owned ‘his and her’ Mercedes. What more could any red-blooded, American want? Why, the second home in the country, of course!

    We had good friends that always bragged about driving up north into the mountains to stay in their “other” home that was totally furnished and well-stocked for an instant getaway. They varied from estate-sized to modest “A” frames. But the lure of the clean, non-polluted air, abundant wildlife, cooler summer temperatures, and scenic, pine-filled vistas, was truly intoxicating. We had spent many days and over-night in the area and were already convinced of the benefits. So, with a few extra bucks in the bank, we decide to do some serious investigating.

    It Began with a Budget and a Plan

    We wanted log houses like a dwelling that was totally different from our current residence. So, we enlisted the aid of a local high-country realtor and began the search. By the third or fourth house, we were already disillusioned. It appeared that the people living in these cabins had no concept or words such as “repair” or maintenance.” Toss in “modern appliances” and “repainting,” and you get the picture, which wasn’t pretty. We had a new comprehension of what “rustic” actually meant.

    Most were smallish and in need of renovation. The agent explained that, within our price range of $100,000 to $125,000, we couldn’t expect much better. The true “log cabins” were by far, the worst. They had obvious termite damage and lacked the most common amenities. But the one thing we desired most was a view, and although they all said they had one, we decided looking at large fir tree in the front yard wasn’t our idea of a view lot. So, 25 homes later, we politely thanked the realtor and headed back down the highway homeward bound and somewhat disheartened. Yet we weren’t totally dejected and still craved that impossible dream.

    Weeks later, I had some free time during the week and took a morning drive back to the mountain town. There, after I got a website of coppolacabins.ie, I discovered a small, new development with three models of modest-sized log cabins. After touring them, I found the perfect size in an affordable configuration in a two-bedroom, two-bath single level with a two-car garage. There was also a lot available that backed onto the national forest with terrific views. I immediately slapped down a deposit and drove back home with the news. My wife came back with me, agreed on the cabin and we began building a few months later.

    It Was an Exciting Time

    After choosing wood floors and redwood siding, we began picking out our appliances, furnishings and interior colors. By the fall, we were spending weekends in the 1200 square foot home and enjoying our first snowfall. That spring, I planted some trees and shrubs for additional landscaping and a buddy and I built a sprawling “L-shaped” redwood deck. So, right about now you’re asking yourself, what was the pitfall of this great place?

    The harsh reality began slowly and spread like a disease. But first, may I offer a bit of background material. I live near Phoenix where it’s 105 degrees most summer days and 70 in the winter. The mountain town is in the ’80s in the summer and 40’s in the winter. So, from May through October it’s a perfect temperature up north, but in the winter, it gets quite cold. Nights can be in the ’20s. The purpose of the cabin was to use the deck and sit outside whenever possible, enjoying the view. But mid-October through March, it’s rather cold and not practical. So, it really was a summer retreat. Right away, our enjoyment was limited by the climatic conditions, causing a big letdown.

    log cabins log cabins Ireland
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