Why Your Beachfront Investment Property Might Lose You Money in 2015
Did you notice that it’s not summer right now? Yes. There’s snow on the ground. That blizzard occurred over on the east coast, record numbers, and the Midwest isn’t any slouch either. You can imagine, too, a lot of the summery spots don’t see a lot of action, because, yes, the temperatures drop and people start migrating back to where stores are still open and people can get some hot chocolate down their pipes.
Face it: your beachfront investment property’s down for the count (at least until the temp warms up and people flock back to the wind, sand and surf). What does that mean? It certainly doesn’t mean you’ve missed out on the H.O.P.E. Program and your prospects for a zero-down home.
You’re Losing Money, Though. A Lot of It.
Consider Your Finances Carefully
The Flip Side of the Real Estate Property Coin: Can Beachfront Homes Be Bad?
ShareFollow Us!From a certain perspective, contrary to what we’ve said before about beachfront real estate here, it actually might not be such a good idea to get that home by the ocean, for plenty of reasons. Let’s play devil’s advocate here regarding real estate property by the wind and surf. After all, you have to […]Read More →
Owning Beach Real Estate: Why the Sand Might Do You Some Good
ShareFollow Us!Part of the bonus about thinking of homes and real estate is the fact that you can “get away” from it all and relax in your own sanctuary: namely beach real estate, or beachfront housing. Can you say ‘vacation home’? Admit it: you love looking at those houses perched atop a collapsing sand mountain like […]Read More →