Investments in Perdido Key Florida
If I was going to buy a condo somewhere in this country it would be Perdido Key Florida. There are a few reasons. Number one is that there are awfully few hotels in the area, so you can rent them out. The view on the coast is just stunning over the Gulf of Mexico. You are close to both Alabama and Florida and even Mississippi.
I one time traveled to this area for the Mullet Toss. It is a beach bash where people throw a fish from Florida to the Alabama line. It was a fantastic beach party, with a lot of stuff to do. The thing I love about this area is that it is so relaxed. You can go all over the place in just a bathing suit, or a t shirt. You dont need to be all fancied up to go out to eat.
If you are looking to travel to this area you are going to rent a condo. There plainly are no hotels in this city that I am aware of. Everything there is vacation rentals. This is not a terrible thing, because you can really get a nice place right on the beach with a veranda for less than you can get a hotel room.
There are many property managers that run the condos, so if you are looking for an asset this is a great place to invest. You can by a condo, and then take a vacation to it for a few weeks a few times a year. Then the other 48+ weeks you can rent it out like a hotel room by hiring one of these property management firms.
The only competition you have is other condo owners. This allows you to travel free, and you can actually depreciate the cost of the condo over time since it is an investment property.
There are some tips though if you can invest and you are just traveling to the area. Most of the hotel websites that rent hotels, also rent condos in the area just like hotel rooms. You can save a lot of money by simply getting a condo this way.
Simply visit a discount hotel site and search for Perdido Key Florida and book yourself in one of those beach front condos. Keep in mind they are STILL rebuilding from the mutilation of Hurricane Ivan. It is still just a beautiful place to stay. - 23212
I one time traveled to this area for the Mullet Toss. It is a beach bash where people throw a fish from Florida to the Alabama line. It was a fantastic beach party, with a lot of stuff to do. The thing I love about this area is that it is so relaxed. You can go all over the place in just a bathing suit, or a t shirt. You dont need to be all fancied up to go out to eat.
If you are looking to travel to this area you are going to rent a condo. There plainly are no hotels in this city that I am aware of. Everything there is vacation rentals. This is not a terrible thing, because you can really get a nice place right on the beach with a veranda for less than you can get a hotel room.
There are many property managers that run the condos, so if you are looking for an asset this is a great place to invest. You can by a condo, and then take a vacation to it for a few weeks a few times a year. Then the other 48+ weeks you can rent it out like a hotel room by hiring one of these property management firms.
The only competition you have is other condo owners. This allows you to travel free, and you can actually depreciate the cost of the condo over time since it is an investment property.
There are some tips though if you can invest and you are just traveling to the area. Most of the hotel websites that rent hotels, also rent condos in the area just like hotel rooms. You can save a lot of money by simply getting a condo this way.
Simply visit a discount hotel site and search for Perdido Key Florida and book yourself in one of those beach front condos. Keep in mind they are STILL rebuilding from the mutilation of Hurricane Ivan. It is still just a beautiful place to stay. - 23212
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posted by X - Men @ 2:48 AM
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