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Reply to "Second home as an investment property - worth the stretch?"
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[quote=Anonymous][quote=Anonymous]It depends on part on what kind of community/resort this is, and who the normal clientele would be. In this economic climate, I would not buy a place hoping to rent it primarily to the kind of normal, stable, GS15/SES types of live in the DC area. Those folks are not going to be splurging on vacation rentals in the immediate term. [/quote] It’s a ski resort in Colorado. Easy access to Denver. But we are in DC. It would be marketed as a luxury condo and we have the money to make it look upscale. But it’s small, 2 beds 2 baths, just large enough for a couple and their two kids. Or two couples no kids. [/quote]
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