2021 Feb 12, 5:55am
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I'd like to buy some property down in Florida, but can't shake the feeling that the rug is going to get pulled out from underneath all this bubbly bullshit.
joshuatrio saysI'd like to buy some property down in Florida, but can't shake the feeling that the rug is going to get pulled out from underneath all this bubbly bullshit.I'd go for it. Don't know exactly where you are in GA, but isn't it a quick 3-4 hour drive to the Panhandle depending what part? Definitely cheaper there than central and southern FL. This is all under the assumption you can afford it and there's low to minimal prospectives of job or income loss if you need that to carry it. Once Canadians stop being pussies, the snowbird market there is pretty big for monthly rentals if that's the route you're going. My folks owned a condo there for years. They like to drive down and the panhandle weather in winter, even when cold is like the Sahara to Canadians. Repetitive, but I'd go for it. If you're going to rent it out and it's a beach area I'd go 2nd, 3rd tier or bayside depending on location. Y...
We spent time down there last fall and enjoyed it - it's a pretty conservative area and didn't seem stupid woke.
I only invest and rent to the people that are golden. Meaning, they are on disability or other public govt programs.
Inflation is coming. It HAS to come. Our politicians have been spending us into a massive hole and the only way out is inflation.
joshuatrio saysWe spent time down there last fall and enjoyed it - it's a pretty conservative area and didn't seem stupid woke.For sure conservative. Big time and I haven't been down there in a couple years. Probably more so now. It's almost over the top in all honesty as a semi-conservative Libertarian. I'd rather have it that way though. My mom is selling one of her 3 houses in Milton, FL to a tenant. North of the Garcon Point bridge (north of Pensacola and Navarre). Bay access water wise, but a bit seedy. Not sure what she's doing with the other two. I'm going to check them out when I'm down there in March. Might take one or both off her hands. She's retired and it's a pain in the ass for her. We'll see. Might be better to just unload at this point for her. Not sure I want the burden dealing with 1 year rentals and meth heads in that area. These aren't vacation rentals...
I'd prefer to be on the atlantic for the opportunity to surf.
Why don't you move down that way? Climate is a lot more favorable than Chicago.
Dugan says I only invest and rent to the people that are golden. Meaning, they are on disability or other public govt programs. Does it take you a long time to find such a renter?
NYC pricing invades Montana - 58% surge in pricing in ONE YEAR!https://lbry.tv/@rossmanngroup:a/nyc-pricing-invades-montana-58-surge-in:c