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Updated over 6 years ago on . Most recent reply

User Stats

26
Posts
3
Votes
Rick D.
  • Professional
  • Akron, OH
3
Votes |
26
Posts

Purchase & Ownership of an Outer Banks Beach House

Rick D.
  • Professional
  • Akron, OH
Posted

I'm entertaining the idea of purchasing an OBX (outer banks) beach house as an investment, so I'd like to have a discussion with someone who is currently owns one.  I need a "look behind the curtain".

  • What is the true cost of ownership?
  • What will my NOI actually be?
  • Who is willing to share with me their I/E reports
  • How does rent fluctuate throughout the calendar year?

Are there any current owners out there who are willing to share some info?  I am unfamiliar with this type of investing and need a little coaching on how to model this potential investment.

Thanks,

- Rick

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