Winnipesaukee Forum - View Single Post - Does buying a small piece of lakefront property & renting it out make sense?

codeman671 · 04-22-2014, 08:58 AM

I can say from my experience being on an island and renting, that I could have rented out every week over the summer at $4200 per week, with some long weekends early and late season to fill in. The demand was huge. With numbers like that, you could probably break even without a problem.

I may do it again at some point, but with the plan of using it to pay for itself.

04-22-2014, 08:58 AM	#8
codeman671 Senior Member Join Date: Jan 2005 Posts: 3,552 Thanks: 222 Thanked 837 Times in 505 Posts	I can say from my experience being on an island and renting, that I could have rented out every week over the summer at $4200 per week, with some long weekends early and late season to fill in. The demand was huge. With numbers like that, you could probably break even without a problem. I may do it again at some point, but with the plan of using it to pay for itself.