Vacation Homes - Resort Investments
Villas, condos, townhouses, twins, quads, and single-family homes at the beach or in beach resorts. Vacation homes offer a great opportunity for investors. The second home and vacation home market has been skyrocketing. The baby-boomer generation is in or approaching its peak earning years and not afraid to spend money on real value.
Beach Property
Across the board from coast to coast the Pacific, Atlantic, or along the Gulf beach front and beach areas have taken off. Some coastal resort properties have increased in value 60% and more over a 12 month time period. The areas are not only the prime high priced island and gated communities but almost any where near the ocean. A couple of years
...of industrial area and it continues all the way down to Dealership row before the River on the West Side of the Freeway. Saticoy has a small area of fleets too along the Highway there. You might also check all ...
Making a Boat Load of Money
Friends bought a 2 bed 2 bath 1000 sq ft condo near the beach (not on the beach) for $355,000 Feb 2005. 4 months later another friend bought in the same building, same size unit for $415,000. Now 10 months later another condo in the same building, same size unit sold for $495,000. Can you believe it $140,000 in10 months with no money down. There is a waiting list to buy these 23 year old condos they
...and he d normally walk the other way. He was no one to fool around with. Surely Jill s type, but what a surprise it must had been for Tasma to see her with Tommy, quite the opposite. The outside ...
1.4 Million Dollar Beach Front Condos
16 Beach front condos sold in 45 minutes. Average price was 1.4 million dollars the 2 penthouse units sold for1.8 million. The sale was pre construction by lottery. Each potential buyer either deposited or had a letter of credit for $200,000 in order to be placed on the list. Pricing was fixed by the developer on the day of the drawing no one knew in advance. The drawing process was very simple as your name was drawn you could pick which unit you wanted and at the pre determined priced. The buyers only decision was yes or no. The 16 units sold to the
...You can also scuba dive or snorkel at the Reef, but remember not to touch anything. Second, you may either go deep sea fishing or take a cruise or boat party. Remember to let it go if you are not ...
Did you miss it? No way. The opportunities it appears are never ending when we are talking about vacation homes, second homes and resort properties. I have personal experience in each of these examples above. They took place along the coasts of North Carolina and South Carolina. To top it off mortgage companies are offering to vacation home owners and 2nd home owners 100% financing. How would you like to make $150,000 in a year with zero down payment? It’s unbelievable.
Bill Carey with over 30 years in real estate sales, investments, and home
...in Nag's Head, on the outer banks of beautiful North Carolina and the blue fish were running in schools up and down the coast. Our vacation last year was to the outer banks, where we rented a large beach house ...
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