View Single Post
  #2   Report Post  
Posted to alt.home.repair
C & E C & E is offline
external usenet poster
 
Posts: 429
Default Geez I am going to be 50 soon:( second home in florida rented sometimes?


wrote in message
ups.com...
Guess its better than the alternative

Anyhow have thought off and on over the years about buying a home in
florida around disney and renting it out for summers, to pay its
expenses and ave a future retirement home all paid for. Nice investment
too

Any good web sites that discuss this?

Got the idea after renting condos over the years in kissimee. The
agency who handled the rental said thats what the owners were doing.

Our home is paid for largely out of debt its a interesting idea.

I HATE winter and would love to move to florida someday. DONT want to
sell here till I KNOW I want the new location!!!!!!

I am sentimentally attached to our home having lived here since 1972,
heck I still drive by our old home...........

anyone do something like this?

A friend has done this with a lake house and made out like a bandit on the
sale of the first one. The second isn't doing as well. A couple of factors
that have influenced it over the years are the pace of the economy and the
glut of these properties on the market. They have had to deal with damage
done by tenants, traveling for hearings against tenants, added charges and
demands for additional services by the managing realtors and a few that I
don't recall right nowl. It's not a cake walk but it can be pretty
profitable if you have the right temperment and know what is possible in the
future.