"...Renting out your house by the night or by the week while it's on the market can help cover your expenses until the house/condo sells. It's easy, inexpensive and effective way to market your home," says Christine Karpinski, real estate investor, author and director of Owner Advocacy for HomeAway.com, a network of vacation rental listing websites.
Given the high cost of housing in many regions some potential buyers are turning to rentals and generating a greater demand in the apartment and home rental market, but that's not true of all markets faced with a supply glut.
"New condo owners who are counting on renting their properties to vacationers should be prepared to work harder than might have been necessary even a year ago," said Emily Glossbrenner a partner with Yardley, PA-based FullyBookedRentals.com, a website for resort and vacation rental owners...."
Read the full article by Broderick Perkins at
RealtyTimes.com