1 / 10

DC Fawcett – Things To Know Before You Buy a Beach Front Property

Beach houses or water front property is becoming famous. They are good for return on investment and yield a good source of rental incomes. Many people buy beach front properties and leave it for rent in the season. But, there are a few things that you should know before you buy a beach front property.

dcfawcett
Download Presentation

DC Fawcett – Things To Know Before You Buy a Beach Front Property

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Things To Know Before You Buy a Beach Front Property Dc Fawcett Real Estate Tips

  2. Introduction • Beach houses or water front property is becoming famous. • They are good for return on investment and yield a good source of rental incomes. • Many people buy beach front properties and leave it for rent in the season. • But, there are a few things that you should know before you buy a beach front property. • In this article Dc Fawcett reviews things you should know before you buy a beach front property

  3. Things To Know Before You Buy a Beach Front Property • Expensive • Water front properties are highly in demand • Dangers lurking in waterfront properties • Make sure to insure for hurricane and flood damage • Know about the rental markets • Beachfront properties are great in terms of appreciation • Waterfront views are great

  4. Expensive Although beach front properties yield good rental incomes, they come with a host of expenses like : • Huge loans • Enormous insurance bills • Property management costs

  5. Water front properties are highly in demand • Since water front properties are highly in demand, you will have to face a lot of competition and the land on which it rests is much more worth than the property itself. • So, determine whether the waterfront property falls within your budget.

  6. Dangers lurking in waterfront properties • People who live in waterfront properties are more prone to storm and hurricanes. • They can corrode easily due to salts present in the water. • All these together pose a big risk for residing near waterfront properties. • So, do a research to find out that your vacation home is on the good side of the shoreline

  7. Make sure to insure for hurricane and flood damage • Hurricane and food damage should be insured. • Damage from wind and water should be covered separately as they are different from home insurance. • Most of the time when the damage occurs due to floods and winds and you don’t possess the relevant insurance, you will not be reimbursed due to a general home owner’s insurance.

  8. Know about the rental markets • Investing in a beach front property is very expensive and it is very crucial that it yields a good rental income for return on investment. • This only increases the cost of investing finally. So, do a careful  study of the rental market before you decide to purchase a property.

  9. Waterfront views are great • Waterfront views are supremely pleasing and enjoyable. • They are of vital importance and you may want to enjoy those with top class windows of varying sizes and styles. • This will call for shelling out money.

  10. Conclusion • Waterfront properties are great in terms of views and appreciation but at the same time they call for huge investments and risks. • Read this review by Dc Fawcett before you buy a waterfront property.

More Related