Puerto Rico vacation rental markets
Greetings,
My wife and I are considering investing in a vacation rental in Puerto Rico once the dust settles down there. We have only visited once but loved the island and the people. I think there is some real upside to the RE market in PR, especially if the US government offers loan incentives similar to what was provided in New Orleans after Katrina. Another motivation is I currently have a few duplexes in upstate NY and wouldn't mind diversifying my portfolio a little.
Does anyone have experience with vacation rentals in PR? I would love to hear what your experience has been. Just doing a quick internet search it doesn't appear vacation rental property management companies are abundant. I am also curious about the different markets. I am particularly intrigued by Rincon and the northwest coast in general.
thank you!
Robert