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  1. #1
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    Default Who owns a beach house/condo??

    and how did you do it??

    • Where is it located?
    • Have you paid off your first home or are you currently paying 2 mortgages?
    • Is it vacant when you are not there or do you have renters?
    • What are the pros/cons you have experienced thus far?
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  2. #2
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    please adopt me

  3. #3
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    ^^ lol @ GG My former boss just bought one in Rehoboth but I want mine to be in a place where the temps are mild the majority of the year, hell it snowed when she closed on the place a few weeks ago... I'm looking at Florida.....
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  4. #4
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    i wouldnt mind something like a time share. i'm interested to see replies especially from people who own stuff outright but only stay there part time.

    Is it vacant when you are not there or do you have renters?

  5. #5
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    Default Re: Who owns a beach house/condo??

    Beuller, Beuller??? I know there's some ladies on this board who own more than one property where ya at?? Or point me to a blog or website where folk talk shop about this kind of thing. I hope to rent my place out by the fall/winter, purchase another and hopefully another for my Mom and sister down south.
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  6. #6
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    Default Re: Who owns a beach house/condo??

    Putting my landlord plans on hold to tackle student loans, I really don't like looking at them....
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  7. #7
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    Default Re: Who owns a beach house/condo??

    update: this will have to be a closer to retirement thing but it's still my dream!!
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  8. #8
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    Default Re: Who owns a beach house/condo??

    My friend's parents own a home as well as a condo near the beach (we all live in FL); I know they rent it out during the winter to northerners who want to go on vacation and get away from the cold but I'm not sure if they rent it out during the other seasons; my understanding is that they go there during the summer. They're retired.
    I love love love seeing our community get serious about finance and owning multiple properties.

  9. #9
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    Default Re: Who owns a beach house/condo??

    GIRL! I know there has got to be a forum for people of color building wealth through real estate, etc..., but where the heck is it??
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


  10. #10
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    Default Re: Who owns a beach house/condo??

    I really wish I had it on my radar to pay off my first home as quickly as possible....in fact any 20-somethings that bought their first home on this board I will say PAY IT OFF! It will free up your 30s and beyond to build a legacy....whether through real estate holdings, owning your own businesses, etc...we have to start creating something for future generations to manage when we're gone.
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


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