Do you enjoy vacationing in Branson? Think you might want to live her full time someday? Many of the condos in the Branson and Table Rock Lake area have managed nightly rental programs. You can purchase you vacation home in Branson or on Table Rock Lake, Lake Taneycomo, or Bull Shoals and spend as much time as you want in Branson on Vacation. When you go back home to live life and work toward retiring in Branson and living the Table Rock life your vacation condo is rented out on a nightly basis or weekly basis to the public and private corporations. The nightly rental company is responsible for marketing, renting, presentation and cleanliness of your property.
When you place your condo in a nightly rental program you have no worries. Your condo management company will give your vacation condo a personal touch. They typically handle routine maintenance and emergency repairs to your property. What a bonus, when you head to the lake to spend the weekend in your vacation condo, you have no worries your condo is ready and you don’t spend your hard earned time off working on your vacation home.
You may wonder how does a nightly rental program work, people just like you, tourists in Branson or on Table Rock Lake are marketed by the rental company. They then book a stay in your condo for about the same price as a hotel room. The condo management company makes sure your condo is clean and well maintained for every check in.
Up until just recently condos in a nightly rental program were not eligible for conventional loans. Many banks even refusing to loan on condo’s in a rental program. But now you can take out a 25 year loan for as low as 4.625% (depending on your credit score).
The real beauty of the condo rental program is you collect rental money when tourists book your room through the condo nightly rental program. Many owners find that the money they make off of the nightly rental more than cover their mortgage, taxes, and HOA fees.
Give me a call and we can look at some condos and I can introduce you to my lender! Gordon Weathers Tri Lakes Realtor 417-676-0439!