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Originally Posted by Ohiogirl
Thanks for all your responses. Think we've decided against a Villages rental, now need to do some homework to see if owning or co-owning a beach rental, that we can use ourselves when it's not rented, makes sense.
Anyone out there have educated info on beach rentals?
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Smart decision,i've been in real estate market for over 30 years.I've bought and sold over 100 properties, for my own account in that time frame, and continue to study the markets on a daily basis.After buying in TV i looked at the possibility of purchasing investment rental homes.After ALL expenses and potential rental income, i came to the conclusion that generating an ACTUAL positive cash flow would be difficult to achieve on any consistent basis,if at all.The only way it makes any sense for me, would be to do a 1031 tax deferred exchange for one of my rental homes in Lexington.If you have some extra money just burning a hole in your pocket, in this current financial environment buy AT&T stock,great dividend with some stock appreciation and NO management headaches.