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Oceanside/Waterfront Property Question
Hi there,
Long time, no post. So, I'd like to ask my fellow landlords with properties that are waterfront or seaside what extra bit of maitenance comes with them? I'm acquiring a property in Galveston, TX and would like to keep the a more regular eye on things that may deteriorate faster than others due to salty air/water exposure. Aside from needing a serious overhaul from hurricane damage, what do you find yourself doing more often than on an inland property? Thanks, guys.
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Additional liability, maintenance, frequent painting, rust etc. Most ocean and W/F properties don't provide a sufficient return-they are just too expensive. I had a beautiful oceanfront property in my portfolio, it was my worst performer by far, so I fixed that and it is now my primary residence!