Rental Potential

dpg · 03-10-2008, 11:45 AM

Hello - quick one. What's your thoughts of the rental potential of a home in Moultonborough? Not lake front but it has beach rights to an association beach. App how much of the year could it stay occupied, or should I be thinking by the season? Is all summer (June through September) realistic? How about winter, any market out there?

VitaBene · 03-10-2008, 06:52 PM

Quote:

Originally Posted by dpg

Hello - quick one. What's your thoughts of the rental potential of a home in Moultonborough? Not lake front but it has beach rights to an association beach. App how much of the year could it stay occupied, or should I be thinking by the season? Is all summer (June through September) realistic? How about winter, any market out there?

There is a market but you are better off asking Preferred or Century 21 Rentals what they think. I would think that you will have good luck in the summer if you have a nice place priced right but would expect little activity during the other seasons IMO

John

jetskier · 03-10-2008, 07:50 PM

Quote:

Originally Posted by dpg

Hello - quick one. What's your thoughts of the rental potential of a home in Moultonborough? Not lake front but it has beach rights to an association beach. App how much of the year could it stay occupied, or should I be thinking by the season? Is all summer (June through September) realistic? How about winter, any market out there?

The prime rental season is more like June through mid August. A number of schools go back into session late August into early September. So, the late part of August and September are somewhat off season.

Note that rentals during bike week command a premium price.

Jetskier

Weirs guy · 03-11-2008, 12:35 PM

You could always rent it late October to early May as a winter rental to one person, but you could get some weekly business too from ice fisherpersons, snowmobilers and the like. Good luck!

Lakesrider · 03-19-2008, 10:04 PM

We bought our house to rent out. We figured rent it and help pay down the mortgage. Then when we are ready to retire the house should be paid down quite a bit. We used Cyberrental.com, and had ouor place rented every week for the whole summer. We did however provide a few extras such as linens and towles. But several people asked how we got everyweek booked. I figure the cost of some cheap sheets and walmart towels was worth it. We used a local person to clean and did have to pay her to sit and do the laundry and change the beds. We installed locks on a seperate room in the basement for supplies and the laundry machines. But all costs for the summer was paid for in the first weeks rental. We got 1000 per week, 1300 for bike week. we also rented it for quite a few long weekends throughout the off season. ie Christmas, New years, school vacation weeks etc. We did not rent to large families as our septic was designed for a 2 bedroom home. But we had enough beds and bedding for 10 people. I did install all the water saving toilets and shower heads etc. Lots to think about when renting....
We liked it so much we decided to move up here earlier than we thought.
Hope that helped you a bit.

dpg · 03-20-2008, 07:10 AM

Quote:

Originally Posted by Lakesrider

We bought our house to rent out. We figured rent it and help pay down the mortgage. Then when we are ready to retire the house should be paid down quite a bit. We used Cyberrental.com, and had ouor place rented every week for the whole summer. We did however provide a few extras such as linens and towles. But several people asked how we got everyweek booked. I figure the cost of some cheap sheets and walmart towels was worth it. We used a local person to clean and did have to pay her to sit and do the laundry and change the beds. We installed locks on a seperate room in the basement for supplies and the laundry machines. But all costs for the summer was paid for in the first weeks rental. We got 1000 per week, 1300 for bike week. we also rented it for quite a few long weekends throughout the off season. ie Christmas, New years, school vacation weeks etc. We did not rent to large families as our septic was designed for a 2 bedroom home. But we had enough beds and bedding for 10 people. I did install all the water saving toilets and shower heads etc. Lots to think about when renting....
We liked it so much we decided to move up here earlier than we thought.
Hope that helped you a bit.

Thanks that does help greatly. The family "place" may go on the market this year

however I'll have the first shot to purchase if it does. I cannot swing it just to have it sit there empty 75-80% of the year.

03-10-2008, 11:45 AM	#1
dpg Senior Member Join Date: Apr 2004 Posts: 2,618 Thanks: 157 Thanked 235 Times in 172 Posts	Rental Potential Hello - quick one. What's your thoughts of the rental potential of a home in Moultonborough? Not lake front but it has beach rights to an association beach. App how much of the year could it stay occupied, or should I be thinking by the season? Is all summer (June through September) realistic? How about winter, any market out there?

03-11-2008, 12:35 PM	#4
Weirs guy Senior Member Join Date: Feb 2006 Location: Weirs Beach, NH Posts: 1,067 Thanks: 0 Thanked 1 Time in 1 Post	You could always rent it late October to early May as a winter rental to one person, but you could get some weekly business too from ice fisherpersons, snowmobilers and the like. Good luck! __________________ Is it bikeweek yet? Now?

03-19-2008, 10:04 PM	#5
Lakesrider Senior Member Join Date: Jun 2007 Posts: 2,129 Thanks: 380 Thanked 1,016 Times in 345 Posts	We bought our house to rent out. We figured rent it and help pay down the mortgage. Then when we are ready to retire the house should be paid down quite a bit. We used Cyberrental.com, and had ouor place rented every week for the whole summer. We did however provide a few extras such as linens and towles. But several people asked how we got everyweek booked. I figure the cost of some cheap sheets and walmart towels was worth it. We used a local person to clean and did have to pay her to sit and do the laundry and change the beds. We installed locks on a seperate room in the basement for supplies and the laundry machines. But all costs for the summer was paid for in the first weeks rental. We got 1000 per week, 1300 for bike week. we also rented it for quite a few long weekends throughout the off season. ie Christmas, New years, school vacation weeks etc. We did not rent to large families as our septic was designed for a 2 bedroom home. But we had enough beds and bedding for 10 people. I did install all the water saving toilets and shower heads etc. Lots to think about when renting.... We liked it so much we decided to move up here earlier than we thought. Hope that helped you a bit.