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re: Anyone have experience in beach rental properties?
Posted on 4/4/13 at 9:48 pm to BelleTigre11
Posted on 4/4/13 at 9:48 pm to BelleTigre11
quote:
Isn't the possibility of it blowing away every few years due to hurricanes a concern? That in itself seems like a whole lot of trouble.
Do a little more research. This really isn't an issue.
1
Posted on 4/5/13 at 10:34 am to notiger1997
I just received some info..
~$450/mo for HOA fees/insurance
~$1300/year property taxes
The only thing the HOA does not cover is the power bill for the unit.
The current unit wasn't a rental property so they are pulling a rental history for a comparable unit for me.
So far, it doesn't look that bad. If I could get a decent management firm, it looks like I could cover my costs..
Does anyone know what management firms charge %wise?
..or is it a flat rate?
~$450/mo for HOA fees/insurance
~$1300/year property taxes
The only thing the HOA does not cover is the power bill for the unit.
The current unit wasn't a rental property so they are pulling a rental history for a comparable unit for me.
So far, it doesn't look that bad. If I could get a decent management firm, it looks like I could cover my costs..
Does anyone know what management firms charge %wise?
..or is it a flat rate?
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