Get a good agent that will show you recent sales and help you buy at the best price... Do you want to be in Gulf Shores or Orange Beach Alabama... I can help you walk through some of your initial questions... and send you some of the best deals currently available if you need help. Send me an email if you would like to explore your options further.
Not sure what area you are looking for, but make sure you include all the carrying costs into any equation you run. What are the condo fees, do they need to do any major repairs with a special assessment coming soon, utilities, insurance and taxes.
If you plan to rent it, make sure you understand the management fees up front as they can throw off your returns if not included in the evaluation.
We rent our unit ourselves primarily, but still have management fees (although lower) for keys, cleaning and maintenance.
let me know if you want to speak in more detail - I would be happy to assist
Hi, my husband and I live in a high-rise condo on Panama City Beach. We also own another place which is rented to guests. Elevator life takes some getting used to but we do love the beautiful beach. Happy to discuss any aspect of life on the beach with you.