re: Gulf Shores/Orange Beach condos - good or bad idea to buy?

quote:

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The way you can "make money" on a beach condo will be rent saved on not renting out other condos if you go to the beach a lot.

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I know a number of people who say the same thing, basically.

They use the condo a number of weekends a year and a couple of weeks a year, and rent out the rest. The rent they get basically covers all of their expenses including the note, so basically they get "free" beach accommodations.

There is also the opportunity, like any other real estate, for building equity and price appreciation.