That is a question you need to ask yourself many times a day. Your content goes here. It boils down to budget, goals and if you are ready to take the plunge

If you have the budget for a $2,000 a month rental, you might consider the benefits of home ownership with the same or slightly higher monthly payment. Of course both renting and owning come with their own list of pros and cons, it will come down to another decision based on long term goals and lifestyle.

Renting can be a very predictable expense. You know what your costs are upfront and can plan accordingly. On the other hand, if you enjoy a lavish lifestyle, you may find renting to be more expensive than owning a home, even if there are repairs and regular maintenance you have to make with purchasing real estate.

Generally, experts recommend setting aside 1 percent of the total purchase price of the property for home maintenance each year. On a $300,000 vacation home, that would equate to $3,000 every year.

Generally, experts recommend setting aside 1 percent of the total purchase price of the property for home maintenance each year. On a $300,000 vacation home, that would equate to $3,000 every year.

1. Choose the Location Carefully. 
2. Rent Before You Purchase. 
3. Buy Under Your Budget.
4. Be Realistic About How Often You’ll Use It. 
5. Understand the Tax Implications.
6. Make a Conservative Estimate of Rental Income. 
7. Don’t Get Caught Up in the Moment.

• PRO: MORTGAGE RATES ARE AT RECORD LOWS. …
• CON: HOMES ARE GETTING MORE EXPENSIVE. …
• PRO: THE VALUE OF VACATION HOMES HAS BEEN TRENDING UP RECENTLY. …
• CON: A PANDEMIC MAY DAMPER YOUR VACATION HOME EXPERIENCE. …
• PRO: A VACATION HOME CAN BE A PROFIT ENGINE.