Is Resort Real Estate in Vail and Beaver Creek a Timely Alternative Investment?

With the Dow see-sawing on a daily basis and global headlines predicting another economic meltdown, why not consider investing in something that can generate current income? The price declines in Vail and Beaver Creek real estate have generated some outstanding opportunities to acquire properties that serve the dual purpose of vacation home and income producer. Recent resort sales of platinum rental properties have demonstrated gross current income of 5-8% before taxes and expenses. Owners typically pay 55-60% to the management company which markets to and books the renters, provides housekeeping, check in services, etc…   Owners can come and stay at their chosen times and still enjoy the benefits of strong rental income to offset expenses and taxes while typically enjoying substantial tax deductions. Ask your accountant if your travel expenses could be deductible as well.  Investors also benefit from likely future price appreciation in the Vail and Beaver Creek real estate markets.