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Updated over 3 years ago,

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1
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Kyle Smaagard
  • Woodbridge, VA
0
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Annual vs Seasonal Condo Rental

Kyle Smaagard
  • Woodbridge, VA
Posted

Hey folks,

I have an opportunity to purchase a 2 bedroom 2 bath condo down in Naples FL from a friend. Listed for 180k currently, I haven't asked specifically on a price but am estimating around 150k for planning purposes. I currently own three properties (VA, NM, and MS) that are all annual rentals (I'm in the military and purchase wherever I go).

I'm trying to figure out if it would be better to hold as a seasonal rental or annual rental. My plan (right now) is to contact a property management company and ask them some questions since they know the local area but I was wondering if anyone on BiggerPockets had any advice.

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