owning a beach condo

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Anyone have any experience owning a condo in Myrtle Beach? Asked by John, Myrtle Beach, SC Sat Jul 21, 2007. I am looking at purchacing a condo as an investment, does anyone have any experience on what the expenses are and the what the return on my investment would be from month to month.

After 7 months of oceanfront condo living, here are a few of the things that have really bothered me while living on the ocean.. I posted back in December 2016 about owning condos on the beach in Destin, Florida. We now live in our home in The Villages and absolutely love it.

I recently talked my parents out of owning a vacation rental.. They wanted to ” feel better” about their vacation condo by thinking: “It pays for.

My husband and I are looking to buy a vacation property, and looked at a few condos when we were at Myrtle Beach a few weeks back. We really liked a unit in the Caribbean, but it is a lot higher priced than others we saw on the south end of Ocean Blvd.I need some advice on whether it is better to spend the extra $$ to be in the Caribbean from a rental perspective.

Financially we’d be perfectly fine buying and permanently living in a beach front condo and renting out our town house. However, after looking at all of the pros and cons of actually living in a beach front condo it just wasn’t worth it to us. There are definitely some awesome pros of living in.

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Are you looking at buying a condo as an investment? If so, how do you know if a condo is a good investment? There are several calculations you can go through, and questions to address, to determine the answer.

Your home will always be one of your best investments, but a vacation home may not be.

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Gulf Coast condo ownership costs. The cost of owning a condo is not as complicated and financially strenuous as most people think. Once the condo is purchased, the mortgage is one of only a few monthly fees. Each condo has an association that regulates the finances of the building as a whole.