Is owning a second home, now considered the American Dream? While it may not be an option for everyone, it seems to be a common goal for more people in the last 5-7 years.
In this episode, we are going to go over some of the pros and cons of purchasing a second home. Not only has Lee been asked about purchasing a second home countless times, but he and his wife recently purchased a condo as a vacation home. Listen to hear his experience and see if it may be the right move for you, too.
Here is some of what you’ll learn on this show:
- Don’t underestimate the amount of time and energy that will go into maintaining your second home. (5:22)
- Here we discuss the ins and outs of Lee’s experience purchasing a condo as a second home. (10:26)
- How an HOA factored into his decision-making. (14:22)
Hopefully, you’ll pick up on something during this episode that you didn’t know about before, but if you have questions about anything we discussed on the show, please reach out. We’ll be happy to talk to you about your financial situation.