Quote:
Originally Posted by Craig Vernon
Absolutely correct, six percent a year is a good return if updated and maintained over time. The last four years have made owners think their homes are worth what many overpaid just a couple years ago. The smart investors have left so now homes will be restored to the norm or will become short term rentals.
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I will not be surprised to see plenty of new rentals in Moultrie Creek. The Developer is building an ABUNDANCE of patio villas because they are in high demand. It appears there will be PLENTY of Courtyard Villas, as well. Stadium across the street? Close to 2 new town squares? Championship Golf Course and Country Club? Sounds like a perfect place for STRs. One of many reasons I am staying away.