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Reply to "Should I buy a beach vacation home?"
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[quote=Anonymous][quote=Anonymous]I would never buy a beach house unless I really planned on using it a lot. And, I would never rent it out as I have no interest in being any kind of landlord. [/quote] Absolutely fine if it’s not for you. We bought and our beach house was has gone up 600k. We rent it out in the summer and it pays all the mortgage, block out dates if we decide to go down. 400% return on our initial down payment. We mainly use it as a weekend house and love late spring and early fall like now the best. We vacation elsewhere. But the best part is the memories we have made as a family at our beach house. Priceless. [/quote]
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