When is the Best Time to Buy a Vacation Rental?
VRBO has determined that the best time for purchasing a vacation rental to maximize the annual earning potential is in August!
“This is the time of year when many people are wrapping up their summer trips and wishing they had a vacation home of their own to return to next year,” says Bill Furlong, vice president of Vrbo, Americas. “While August may not follow traditional trends of the real estate calendar, it’s the perfect time to buy and make all preparations by January to take advantage of the overwhelming traveler demand to book next year’s spring and summer trips.”
155 days is suggested to allow the buyer to shop, purchase, and prepare the property to rent. See the timeline below: