Re: Can buying a courtyard villa pay for itself with rentals on a yearly basis
We own and rent out a courtyard villa and our experience has been the same as SteveFromNY, pays the expenses but not the mortgage. We are not getting the tax benefits because we want to use it for the month of March, but it still seems like a good deal to us. I have had some emails asking about summer months, but that still wouldn't pay the mortgage.
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Syracuse, NY (last 30+ yrs) TV (next 30+ yrs)
Also: Wheeling, WV * Youngstown, OH* Niles, OH * Oshkosh, WI * Ft. Worth, TX * Da Bronx * Marathon, NY * Bricktown, NJ * Newark, DE * San Antonio, TX * Washington, DC * Tacoma, WA
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