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gmarc

Beach Fanatic
Jan 19, 2009
506
65
vinnie i own a home in grayton i bought for 35 cents on the dollar and spend 3-5 months year enjoying it. just looking for a possible other home as an investment to flip in 5-10 years and in the meantime make 15% a year net by renting it
 

30AMichigander

Beach Comber
May 18, 2011
11
4
Nothing Left - 53 Units Sold in 6 weeks

Vinnie / Ray

I inquired today about another unit to use as a rental and was informed that everything was sold. It looks like Redfish will come alive.:D
 

gmarc

Beach Fanatic
Jan 19, 2009
506
65
somebody just closed yesterday on one for 247k. its alittle bigger than the 150k ones sold but why in the world would anyone pay 247k for a unit when many sold for 150k and even less? didn't you have to buy threw the devoloper to get no hoa fees for 30 months? so those that paid 150k have hoa fees right?what are the hoa fees?rethinking i think they will be tough to rent as its long walk to beach
 

vinniej3

Beach Comber
Apr 26, 2011
13
0
Birmingham, AL
30AMichigander, that's great news. We spent the weekend down there, and we saw a few more moving trucks. Hopefully, some of the rumors re: commercial space will bear some fruit (coffee shop and piano bar/music venue opening back up). We'll be back down in about three weeks (for the 4th) and then at the end of July. Be sure to check out Marie's Bistro; it has become a "must" when we're down there.
 
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