4 Reasons to Invest in a 2nd Home at the Lake of the Ozarks
The Lake of the Ozarks is by far one of the best places to vacation in the United States. The reason? We've got just about anything you could want for the perfect family vacation! Due to all that the Lake area has to offer, its central location in Missouri, and of course the Lake of the Ozarks itself, it's no wonder that families choose to return to vacation here year after year. If you're one of the many that come back every year to vacation with your family, we think it's time for you to get serious about your visits. Take a look at the 4 reasons we think you should invest in a second home at the Lake of the Ozarks and become a more permanent part of our wonderful community!
1. Vacation Home for the Family
Buying a second home a the Lake of the Ozarks can be a special gathering place for friends and relatives and provide a second sense of “where I belong” to your children. Second homes that are regularly used for vacations and holidays provide a unique and valuable contribution to any family. It's a fantastic home away from home to make wonderful memories, and a valuable asset that you can pass along to your children one day.
2. Increase your Wealth
For most Americans, the house they buy turns out to be their biggest asset when it comes time to assess their wealth. This stands to reason that owning a 2nd home only adds to the value of your wealth. Plus, passive real-estate ownership can help diversify your portfolio, increase your overall ROI, and provide a comforting level of financial security.
3. Potential for Income
Many folks who buy a second home at the Lake of the Ozarks do so knowing that there's value in this investment. With the Lake being a very highly sought after vacation destination for visitors coming from all over the world, having a rental property at the Lake is a great opportunity to make money off of your second home by renting it out. Thankfully, the Lake offers a need for both nightly rentals and longer term rentals, so depending on how little or how often you plan to use your second home can determine how much money you can make from rent! If you buy right and manage it right, a second home can provide you with years and years of additional income.
4. Great Retirement Opportunity
We've all got big dreams of retiring one day and escaping to our own little slice of Paradise. It can become your reality if you've invested in purchasing a second home. If you buy it now, you can have it paid off or close to paid off by the time you're ready to retire. Years from now, when your friends and neighbors are wishing they would have planned for their retirement a little better, you’ll have a dream home, completely upgraded, decorated, and paid for.
There you have it, 4 reasons you should invest in a second home at the Lake of the Ozarks! If you're already spending most of the summer and part of the winter here with your family, why not make it a little more permanent and buy your own home? As stated above, there are some great ways to use a second home for investment purposes while you're not using it too, so it's not a waste of money. If you'd like to start looking for your second home, contact one of our agents today! We'd love to help you get started with your search. Visit our website at www.GotLakeRealEstate.com to learn more about how we can help you find the perfect home, and to get to know our agents!
1. Vacation Home for the Family
Buying a second home a the Lake of the Ozarks can be a special gathering place for friends and relatives and provide a second sense of “where I belong” to your children. Second homes that are regularly used for vacations and holidays provide a unique and valuable contribution to any family. It's a fantastic home away from home to make wonderful memories, and a valuable asset that you can pass along to your children one day.
2. Increase your Wealth
For most Americans, the house they buy turns out to be their biggest asset when it comes time to assess their wealth. This stands to reason that owning a 2nd home only adds to the value of your wealth. Plus, passive real-estate ownership can help diversify your portfolio, increase your overall ROI, and provide a comforting level of financial security.
3. Potential for Income
Many folks who buy a second home at the Lake of the Ozarks do so knowing that there's value in this investment. With the Lake being a very highly sought after vacation destination for visitors coming from all over the world, having a rental property at the Lake is a great opportunity to make money off of your second home by renting it out. Thankfully, the Lake offers a need for both nightly rentals and longer term rentals, so depending on how little or how often you plan to use your second home can determine how much money you can make from rent! If you buy right and manage it right, a second home can provide you with years and years of additional income.
4. Great Retirement Opportunity
We've all got big dreams of retiring one day and escaping to our own little slice of Paradise. It can become your reality if you've invested in purchasing a second home. If you buy it now, you can have it paid off or close to paid off by the time you're ready to retire. Years from now, when your friends and neighbors are wishing they would have planned for their retirement a little better, you’ll have a dream home, completely upgraded, decorated, and paid for.
There you have it, 4 reasons you should invest in a second home at the Lake of the Ozarks! If you're already spending most of the summer and part of the winter here with your family, why not make it a little more permanent and buy your own home? As stated above, there are some great ways to use a second home for investment purposes while you're not using it too, so it's not a waste of money. If you'd like to start looking for your second home, contact one of our agents today! We'd love to help you get started with your search. Visit our website at www.GotLakeRealEstate.com to learn more about how we can help you find the perfect home, and to get to know our agents!
2011 REALTOR Salesperson of the Year
Missouri Association of Realtors
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049
Office | 573.365.1555
Fax | 573.365.1766
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