I work remotely from vacation rentals. It's cheaper than rent or a mortgage — here's how I find good deals and choose where to go next.
, the median rental price is $1,937 in the US, and it's $1,723 in my hometown of Houston. With elevated interest rates and home prices, mortgages are hardly more affordable.Even with my extremely low mortgage payment on a small house I purchased nearly a decade ago with about a 4% interest rate, my monthly home bills topped $1,800 when I added in property tax, insurance, utilities, and internet.
I moved into my first Airbnb in Snowshoe, West Virginia, in October. I paid off my mortgage on my home in Texas before leaving and am still deciding what to do with the home in the long term.When I'm searching for a long-term stay at a bargain, I look for popular and seasonal vacation destinations with a large concentration of short-term rentals, like Daytona Beach, Florida, and Myrtle Beach, South Carolina.
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