Home swapping

Every year it’s the same tough decision, where do we go mountain biking.  This year again, it’s a 50/50 toss up between Sun Valley, Idaho and Crested Butte, CO.

While looking for vacation homes I came across a site called HomeExchange.com.  A home exchange is an alternative to renting a place to stay at your vacation destination. Instead you find another family that wants to come visit your city at the same time and plan a home swap.

When you think about it, it does make sense.  Nobody is living at your home while you are away for 2 weeks.  What better way to save some money and make use of your home while you are gone.

Unfortunately for me, I live in Phoenix and I want to visit other places in the summer.  I don’t think that my home is a valuable swapping destination when it is 110 degrees outside here.  But this scenario has peaked my interest for vacation rentals again.  Because if I had a second home or vacation rental in a resort town, a home exchange could be a great way for me to get away from Phoenix every summer.  I bet a Scottsdale house would be a good swap candidate in the winter though.  A quick search revealed about 20 homes in Scottsdale in the system.

I have one rental in Chicago which could be considered a desirable city to live in.  If I have trouble renting it out this summer, I wonder if I could exchange it for a month in a resort town.  I think some people would love to live in Chicago for a month during the summer.  In some cases it could be a great deal for one person.  If my condo rents at $1,750/mo and I can swap it for a condo in Aspen that rents for $3,000/mo, it would be a great deal for me.  It could easily be slanted in the other direction too.

What this site needs desperately is an “I would like to visit” search so I can punch in Phoenix or Chicago and see a list of people who want to visit my cities.  Then I can look through the list and see if I want to visit their towns.  I am definitely keeping this site in mind for my next long term vacation especially if it’s abroad.

About Kenric

My blog about living life to the fullest by generating passive income through real estate, business and online investments.
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