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When most people think of “the cottage,” they imagine lazy summer days lounging on a lakeside dock, beverage in hand. But if you want to invest creatively, think beyond the summer season and consider buying a recreational property that can be used and rented year-round. Think swimming in the summer and snowshoeing in the winter, with fall colours and spring hiking to fill in the gaps.<br><br>When thinking about whether it’s worth investing in a recreational property, you need to look at your desired lifestyle. If creating quality memories with your family is valuable to you, then what the property does in your investment portfolio isn’t the priority. Luckily, there are ways to make that cottage work for all the family fun times as well as your future financial success.
Real Estate7 Reasons Why Buying a Recreational Property is Worth the Investment
As the World Turns
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When most people think of “the cottage,” they imagine lazy summer days lounging on a lakeside dock, beverage in hand. But if you want to invest creatively, think beyond the summer season and consider buying a recreational property that can be used and rented year-round. Think swimming in the summer and snowshoeing in the winter, with fall colours and spring hiking to fill in the gaps.<br><br>When thinking about whether it’s worth investing in a recreational property, you need to look at your desired lifestyle. If creating quality memories with your family is valuable to you, then what the property does in your investment portfolio isn’t the priority. Luckily, there are ways to make that cottage work for all the family fun times as well as your future financial success.
Photo Credit: Getty Images