Reply to Running the numbers for a beach house to make it worth it

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[quote=Anonymous]If you are afraid of renting a condo/house at the beach for fear of troubles -- that will be corrected when you call the property management team -- I do not think you are ready to handle ownership of a house where there are no property managers to call.

You are certainly better off renting UNLESS you plan to rent it out for the weeks you aren't there AND you plan to move there for a significant amount of time when you retire.  Most people cannot project that far ahead b/c their will be changes in what they want or need in the intervening years.  We thought about a summer TH in OC when we were first going there... DH tends to get very excited about these ideas.  Thankfully, we didn't b/c after going there for 9 years, we're ready to go somewhere else.  And we might not beach vacay at all b/c we want to take the kids to international destinations.  As your family ages up, your desires and plans change.  What was once exciting or comfortable becomes boring/BTDT.  Keep your options open.[/quote]

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