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price cut
help? i an thinking of buying a villa . the price is low for a new one.
if i rent it out. will i make out all right? please help |
Re: price cut
Kerry,
What guarantee do you have it will rent?? There is a Patio Villa next door to me that has been empty for months.. It always has a sign for rent and no one rents it..I have had my house for 3 years and this Villa has only been rented two times.. :dontknow: Best of luck to you! |
Re: price cut
What is the bond on a new villa as I KNOW they dropped the price but the bond could be of a question to me ??? ???
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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: |
Re: price cut
I would love to buy a bigger house, too bad we don't know how the market will go.. :dontknow:
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Re: price cut
::) Go for it Donna, being such a nice guy that I am I'll buy it from you @10 cents on the dollar if you default. Such a deal just for you :#1: Your Favorite Handie :joke: |
Re: price cut
The bond should be 10-11K on a new villa.
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Re: price cut
Quote:
Anxiously awaiting your $oney. F16 |
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