The plan for many people is to buy an investment property at the beach in Destin Florida. And what a great plan it is:
- You get to buy in at the low ebb in the real estate cycle. Remember buy low sell high.
- You get a place at the beach in Destin that you can use up to two weeks a year to do repairs and general maintenance while still getting all the tax deductions
- You get to take advantage of the increasing rental income that is expected in the area. Positive cash flow is a good thing.
Be careful though because it’s not always as easy as it looks and you will need access to good advice and perspective.
Here is a good start – it’s an article I found at MarketWatch.com that talks about How to buy …investment real estate.
Various strategies can be used on the road to real estate wealth. In one, investors “flip” properties by buying a house, renovating it in short order and selling for a profit. In another, investors purchase the property with the intent to hold it for many years.
Good luck and for help with your plan to buy an investment property at the beach in Destin Florida give us a call at 850-217-7618 and we will be happy to help. You can also start your search by clicking the button below.