In today’s competitive real estate market, buyers are often met with a harsh reality: a limited number of lakefront properties for sale. While this lack of inventory may initially seem like a disadvantage, savvy buyers can turn the situation into an opportunity. If you’re in the market for your dream lakefront home, understanding how to […]
investment
Lakefront vs. Oceanfront: Which Is Right for You?
When it comes to choosing the perfect waterfront property, the decision often boils down to one critical question: lakefront vs. oceanfront? Both options offer unique advantages and breathtaking views. Both options come with their own set of considerations and lifestyle factors. Whether you’re dreaming of serene lakeside sunsets or the rhythmic sound of waves crashing […]
Crunching the Numbers: A Guide to Purchasing a Short-Term Lakefront Rental Property
Investing in a short-term lakefront rental property can be an exciting venture, offering the potential for lucrative returns and the opportunity to own a slice of waterfront paradise. However, before diving into such an investment, it’s crucial to understand the financial aspects involved. From assessing the property’s potential rental income to factoring in expenses and […]
Tips to Make Your Vacation Lake Home Pay For Itself
To many people owning a lakefront vacation home seems out of reach, but the right vacation home could potentially pay for itself. With the onset of people choosing an Airbnb rental over a standard hotel, the potential for owning a vacation home that pays for itself is within reach! Don’t be fooled though, making the […]
Top 5 Reasons You Should Experience Lakefront Living
There is nothing better than waking up to the glowing sunrise over the lake on your own dock while sipping your coffee. Lakefront living can feel like a never ending vacation. Aside from spectacular sunrises and lingering sunsets, lake living offers something for everyone. Whether you’re an avid water skier, an early-morning angler, or are […]
How Do I Finance a Second Home on the Lake?
Buying a second home—whether for an investment or as a vacation getaway—can be a wise financial move if you plan to use it several times a year and rent it out for additional income the rest of the time. But buying a second home is not like purchasing a primary residence. The requirements for financing […]
Pros and Cons of Renting Your Lakefront Home
There’s nothing like buying a lakefront home! What better place to spend your vacations than feet away from the lake? You will be creating tons of memories with family and friends from swimming to boating and enjoying the scenic view. Buying a vacation home on the lake can be tough financially, so you may want […]
Tips on Buying a Vacation Home
A vacation home is a perfect way to relax and unwind. Are you considering purchasing a vacation home? If so, check out these tips to get you unwinding in no time! by James Shea, Media Lab. A vacation home is a perfect way to relax after a busy workweek or serve as a getaway for […]
Important Tips on Financing a Lakefront Home
Building wealth is not an easy thing to do these days. However, one way to really catapult your wealth into another level is by owning a lake home. The difference between how much you owe on your home and your home’s value, also known as equity, is a very important piece of your personal wealth. by […]
Most Important Tip for Protecting Your Waterfront Investment
Protecting or restoring your shoreland buffer is the most important tip for protecting your waterfront investment. If you have native vegetation along your shoreline, consider yourself and the local wildlife fortunate. A mature native buffer represents many years of nature at work and discourages undesirable, exotic plants and animals while attracting songbirds, butterflies, turtles and […]