Thread: price cut
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Old 11-10-2007, 12:21 AM
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handieman handieman is offline
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Default Re: price cut

Furnish a patio villa nicely and offer a nice golf cart and you can expect to get a rental return of approx. 7-8K. This return will allow you to break even or if your lucky to rent it more often, maybe a bit of profit if you don't include taxes and the mortgage, if you have one. Its going to take a few yrs to recoup your initial expenses, however in the meantime, you have a nice place to vacation when the renters have gone home
My thoughts are to buy now this market will improve sooner of later and sell when it does or move up to something larger.
Handie :joke:
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