Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Second home as an investment property - worth the stretch?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I would only do a SF house. Condos HoAs are too unpredictable. One of my best tennis friends bought a condo in Marco Island around the time we bought a small SFH also in Marco Island. This was around 2014. We both had similar mortgages we both paid off in ten years, but she STILL has a monthly HoA of 1090.00 and in 2014 it was 710.00. Besides lawn care no other “bill” is taken care of on that payment. So I am able to rent my off weeks much cheaper because of this and in return have no problem filling up even crappy weeks. She rents about 70 percent of her goal. Also, her HoA limits how many guests and ages and parking spots each weekly rental can include, thus narrowing her marketability and profit. Also, beyond the money, the personalities on this HoA have been a nightmare on certain issues like paint color and mailboxes etc. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
