Two Homes, Twice The Benefits

There is nothing quite like being able to spend time between two dream residences. We are fortunate to be able to split our time between Boston and Boca Raton. When we work with second-home buyers, we offer these insights on what to expect so they can get the most enjoyment from both locations.

Two Homes, Twice the Benefits-df.jpg

Why you’ll love owning a second home

Your vacation getaway, tailored to your family

The ideal second home becomes the place where, the moment you set a date on the calendar, the whole family cannot wait to get there.

Frequent visits = new friends

When you return to the same place in the same community, you will often meet fellow vacation homeowners, and easily make new friends with neighbors.

Rental income potential

There is the option of renting out a vacation home when it is not occupied. When you choose a home in a desirable location, it may become an excellent source of extra income.

Long-term profits

While real estate values can fluctuate, a well-chosen second home has a great chance to retain its value

and appreciate.

Why you'll love owning a second home.jpg

Taking great care of your investment

As a trusted advisor, we help our clients plan ahead for what to expect.

Upkeep with no surprises

For two homes, you will need two sets of service providers who can help with planned maintenance and those unexpected repairs.

Preserve the beauty year-round

Consider employing the services of professional cleaners and landscapers. In certain circumstances, you can deduct the expenses of upkeep.

Review rental permissions

If you are planning to rent out your second home while not there, purchase in a building or community that will permit it.  Covenants in certain condo buildings and HOA communities may have restrictions.

Understand the Financials

Rental income, maintenance expenses and carrying costs have financial implications. A good financial advisor will offer strategies to help keep your dream home affordable.

Making the right move

Are you ready for a second home?  Considering something with a change of weather?  Colorado? California? Boston? Chicago? Compass is everywhere!

With such an important investment, you’ll want to work with an expert at navigating the unique issues of second homeownership. Our connections within the highly-effective Compass network of agents will help you find just what you’re looking for in desirable destination cities across the county.


Back to Blog

Latest Posts

  • Raising Our Commitment To You

    Katy and I have raised our commitment to our fellow realtors in our hometown of Boston. We are now offering 30% of our commission when your referrals become our buyers. If you know a Boston-area resident considering a move to South Florida, right now is the best time to find them a second home retreat […]

    Read more
  • Happiness Is A Warm Referral

    If you want more referral business, we should talk. Katy and I are actively reaching out to fellow realtors in our hometown of Boston. Here are 4 ways we can provide tremendous value as part of your referral network. We believe in valued relationships and rewarding referrals As consummate professionals, we will work tirelessly to […]

    Read more
  • LENDINGTREE.COM RANKS FLORIDA NO. 1 IN WELCOMING NEW RESIDENTS

    Lendingtree.com recently completed a study to see where people are moving to these days. They used IRS data from 2016 for the results. The front runner and winner by far is the sunshine state of Florida. According to the study, “people who moved to Florida brought in a combined adjusted gross income of $30.2 billion.” […]

    Read more
  • Featured In Sun Sentinel: The Real Estate Market Is Booming In South Florida

    As I shared with the Sun-Sentinel in a recent interview, South Florida is a popular choice for those looking for more room, and buyers are taking advantage of lower interest rates to get more in a house. This is it! If you’ve been on the fence about selling your home, now is the time to […]

    Read more

Join us

Edit Search

  • Email Updates
  • Only Update me On
Close
Email Sent! Your email was sent successfully
Close
Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?