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Updated over 8 years ago,

Melanie Fairchild's profile image
Melanie Fairchild's profile image
Melanie Fairchild
  • Investor
  • from Newburgh, Indiana
  • Member since Jun 5, 2016
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User Stats

15
Posts
3
Votes
Melanie Fairchild's profile image
Melanie Fairchild's profile image
Melanie Fairchild
  • Investor
  • from Newburgh, Indiana
  • Member since Jun 5, 2016
Connect
Melanie Fairchild
  • Investor
  • Newburgh, IN
3
Votes |
15
Posts
Real Estate Deal Analysis & Advice

Vacation Investment Property

Melanie Fairchild
  • Investor
  • Newburgh, IN
Posted
My husband and I are considering purchasing a property in one of our favorite vacation spots - the Destin, FL area... Specifically Miramar Beach. What are the pros/cons/concerns with this type of rental? We have 4 in our hometown. I'm concerned with the amount of money as we have never done one this expensive. Purchase price would be around $330,000 and rents would be anywhere from $1000-$2100 depending upon the week. Thanks in advance for any feedback.
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