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Updated over 4 years ago on . Most recent reply

Stephen Scire's profile image
Stephen Scire's profile image
Stephen Scire
  • Rental Property Investor
  • from East Boston, MA
  • Member since Feb 24, 2019
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52
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Stephen Scire's profile image
Stephen Scire's profile image
Stephen Scire
  • Rental Property Investor
  • from East Boston, MA
  • Member since Feb 24, 2019
Connect
Stephen Scire
  • Rental Property Investor
  • East Boston, MA
34
Votes |
52
Posts
Real Estate Deal Analysis & Advice

Vacation rentals ... Split or not to split

Stephen Scire
  • Rental Property Investor
  • East Boston, MA
Posted

Last year we bought 2 cottages on 1 parcel of land...  neither are winterized & are seasonal since they are located in Maine by the ocean. They are located in a very convenient vacation spot for beach goers. The only utility shared is the water & the land. Separate cable/internet & electric 

Here is my question...would it be wise to condo the properties , keep 1 unit and sell off the other....applying proceeds to my mortgage.

Background info...

  • Stephen Scire
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