Revised and updated edition 2017/2018. What opportunities do you have to build wealth in these economically uncertain times? How and where can you achieve attractive returns with the currently low interest rates? What alternatives do you have to the capital markets? This guide shows you, based on sound business principles and practical knowledge, how to become a successful landlord of a vacation property in eleven steps - even without equity. It addresses the following questions for you: 1. What should you consider when selecting the property? 2. What aspects do you use to calculate profitability? 3. How do different forms of financing affect taxes? 4. What specific requirements apply to the setup? 5. How do you successfully market a vacation property? 6. What tasks are involved in managing the property? 7. What services does the management provide?.