how the cap rate is calculated: take the property's potential income, subtract any operating expenses, then divide by the purchase price. Vacasa also factored in the markets that have higher average occupancy rates during the winter.
Pandemic-related demand for picturesque locations from folks who are able to work remotely can factor into the decision to take the plunge and buy a seasonal property. "The spotlight cast on professionally managed vacation homes over the past year not only resulted in an increase in bookings throughout the majority of our portfolio, but also in short-term rental buyer interest," Shaun Greer, the vice president of sales and marketing for Vacasa, said in a statement.
I’m Canadian. Give me a hot winter home thanks.
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