Lawrence, MA · Member since 2016 · 19 posts · 1 vote
I'm looking at a house across the street from the beach at Salisbury Beach MA. The property has no parking and would require renters to park on the street, which I know can fill up very quickly. There is also a parking ban in the winter from December to April that would pose a problem for winter 6 month leases. Any ideas? Is this a bad deal because of the parking? or do you think people will look past it an be willing to fight for parking spots on the street? Has anyone ever lifted a home and put it on columns to create some sort of carport? If so, how expensive was that? Any thoughts are appreciated!!
Investor · Anaheim, CA · Member since 2014 · 242 posts · 81 votes
10y
that seems to the typical scenario in beach and coastal communities, except for the winter ban. I would research the demand for rentals to see if people are willing to deal with the parking inconvenience.
Real Estate Investor · Dracut, MA · Member since 2011 · 104 posts · 35 votes
10y
@Devlin Harding what about seasonal rental. What you would make in 3 months could cover your annual cost and give you some days to stay in it yourself. But the numbers need to work