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Started By
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Thinking of purchasing condo at Plantation (Fort Morgan, AL)
Posted on 7/27/14 at 9:41 am
Posted on 7/27/14 at 9:41 am
Anyone have one there as most are well below $150K. Pros / Cons. Thanks!
Posted on 7/27/14 at 9:47 am to KingRanch
Yeah, take financial advice from someone who spends $50,000 on a truck.
Posted on 7/27/14 at 9:47 am to lsuag88
Its far away from everything but you are surrounded by people at the resort so kinda defeats the purpose of being far away from everything to be away from crowds.
You get what you pay for. $150 down there is OT poor.
You get what you pay for. $150 down there is OT poor.
This post was edited on 7/27/14 at 9:48 am
Posted on 7/27/14 at 9:48 am to lsuag88
There is a thread on the money board about purchasing a condo.
Posted on 7/27/14 at 9:49 am to lsuag88
150k rents a lot of condos.
You buying to rent it out or just for your family?
You buying to rent it out or just for your family?
Posted on 7/27/14 at 9:52 am to Giantkiller
quote:
150k rents a lot of condos.
yeah, but you don't get that rent money back. in theory you could sell the condo and get money back
only loss would be condo assoc. fees, utilities etc
really depends on how often you go to the beach
But making 85k a year and buying a condo to act like you are a baller is probably a dumb idea.
Posted on 7/27/14 at 9:55 am to Cosmo
quote:
Its far away from everything but you are surrounded by people at the resort so kinda defeats the purpose of being far away from everything to be away from crowds
It's why I've stayed at the Plantation 4 times and would love to own a condo in the main building that faces the tennis courts and beach. Last few times we have stayed in cheaper building(the one that has the store/cafe in it, Connections).
This post was edited on 7/27/14 at 9:57 am
Posted on 7/27/14 at 9:56 am to yellowfin
What he doesn't know is that it was more than 50k and I paid cash.
Posted on 7/27/14 at 10:02 am to KingRanch
You don't have to rub in our faces how much you make from being an escort.
Posted on 7/27/14 at 10:13 am to jmarto1
Don't make fun of KR.
There is quite a market for lonely ladies seeking plus-sized male escorts.
There is quite a market for lonely ladies seeking plus-sized male escorts.
Posted on 7/27/14 at 10:14 am to VetteGuy
quote:
There is quite a market for lonely ladies seeking plus-sized male escorts.
:jmcs:
Posted on 7/27/14 at 10:30 am to Cosmo
Don't forget interest and he better have a significant down payment with an awesome credit score.
Posted on 7/27/14 at 11:00 am to KingRanch
quote:
condo
I take it you still haven't sold place in the BR.
Posted on 7/27/14 at 11:06 am to yellowfin
quote:
Don't forget interest
Got a rate of 3.5 on my place.
Posted on 7/27/14 at 11:59 am to lsuag88
If beach front property is not a main factor I suggest taking a trip down hwy 4. There are several homes on the ICW (InterCoastal Waterway) side for sale and reasonably priced.
Posted on 7/27/14 at 12:28 pm to partsman103
"Plantation" in Alabama?
Is this some sort of racist get away?
Is this some sort of racist get away?
Posted on 7/27/14 at 12:46 pm to lsuag88
Are you planning on renting it out when not there? I looked into going to Gulf Shores this summer; it looks like most places rent for at least $150/night and it's probably not hard to keep it booked for most of the time. Especially if you go a little cheaper than others.
Posted on 7/27/14 at 1:13 pm to lsuag88
Why would you buy a place at the Plantation? It is not that nice anymore. Very far away yet still crowded.
In that price range, I'm sure you can find a condo in West Beach Gulf Shores.
In that price range, I'm sure you can find a condo in West Beach Gulf Shores.
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