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7 Reasons to Skip Hotels & Rent Vacation Homes
Posted By Jim On 07/15/2009 @ 12:32 pm In Travel | 17 Comments
Bankrate had an article recently in which they recommended renting a home or condo to trim vacation costs . While I very much value the opinion of the fine folks at Bankrate, that’s good advice that’s about decades overdue.
At the very least, it’s five years overdue, because my friends and I have been doing this for at least that long. In fact, it was the topic of discussion one day at Meals on Wheels and when one of the other volunteers remarked that they had been renting vacation homes for decades.
It is not without negatives though. First, you’ll usually have to rent the vacation home or condo for an entire week, even if you’re only staying for a long weekend. My recommendation is that you split the cost evenly across the number of people, rather than the number of days people are staying.
Second, you’ll need a lot of people to fill the beds in a house to make it worthwhile. When we went to the Outer Banks, there were close to fifteen beds. We had enough people and the cost of the home was ridiculously cheap, but if you don’t know enough people then it may not be worth it.
Despite the two negatives, which are potential deal-breakers, renting a vacation home beats a hotel in my book.
(Photo: tony_wan_kenobi )
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 renting a home or condo to trim vacation costs: http://www.bankrate.com/finance/personal-finance/home-condo-rentals-trim-vacation-costs-1.aspx?pid=p:brg
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