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The secret to landing a second home in this market, according to a realtor/yogi/life coach

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The market for second homes looks a little different now in the pandemic. For those who are fortunate enough to consider a second home, here's what they're looking for:

This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2021. All rights reserved.

After friends kept reaching out asking for advice, Baudier decided to focus squarely on the second-home buying market as a realtor. She also works as a life coach and a yogi, which basically are all skills she needs to rely on for this hot market, especially for New Yorkers seeking escape. The Escape Home asked her about what buyers need to know right now. Edited excerpts:

If yes, you will probably end up using your second home a good amount! If that doesn’t help them, I’d never push further. Second homes are a blessing for many of us but they aren’t for everyone.AB: I think a lot of people realized that they really wanted a second home during COVID but weren’t able — or willing — to pay the jacked-up prices that the pandemic provoked.

I recommend that they check AirDNA to gauge rental income potential, but for anyone who is dead set on buying a “profitable” home, I refer them out to companies like Home Sweet Hudson who specialize in this. In addition it’s important to check with local authorities to ensure STRs are legal in the area where you choose to buy and be aware that new laws come on the books all the time. I am pretty risk-averse myself and never talk up “income potential” to a client as a selling point.

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Can we go somewhere today?

They took a very modern city almost as pretty as Frankfurt, promoted BLM and anarchist riots, then shutdowns and closure of 99% of small biz. It now is just another Detroit, broke and useless.

Is the secret just money or do I have to read the story.

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