Last week I left you hanging, wondering about the investment part of recreational property.
In fact, it is a double sided investment. First and foremost it is a lifestyle investment. It’s good for the health of mind and body to be able to leave the cares of the city and everyday life behind for a while. And, it may also be a good, long term financial investment. While recreational property tends to be volatile and may not always appreciate as fast as city property, over the long haul it has proven to be a good investment. So, don't expect to buy a recreational property for the financial investment. You likely won't be making big bucks right away. However, long term thinking is the right way to go.
The investment into your lifestyle, health, family and the memories you make is priceless. While the allure of heading down the open road with you RV in tow is romantic, it can also be a pain in the you know where. A secure, constant location where you create enduring friendships and lifelong memories without the hassle is worth seriously considering.
Next week I'll discuss some options for you. Not everyone likes the same thing so options are good.....right?
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