Deciding on whether or not to invest in a new piece of real estate is always a tough decision. Some might prefer to buy, while others might prefer to rent. Each has their own benefits, as well as drawbacks. Rent or buy a Rehoboth Beach vacation home...if you’re unsure of which might interest you, consider to the following questions:
1. Would you like to spend time at the residence?
A benefit to owning a beach house is that it’s within your power and rights to rent it out during the seasons you might be elsewhere, and or, would like to be. It allows you the freedom to gain an extra source of income as you are otherwise employed, without needing to be currently there to manage your household either.