Beachfront property during COVID
Hi there BP community. I was curious if anyone out there owned or are investing in beachfront property or property near the coast and how covid has impacted you. Whether you air bnb, rent it out (seasonally or year-round), or just own it as a vacation home or part of a timeshare, I'd like to know how your numbers have changed and/or how you've had to adapt.
I hope to one day own a home by the beach and maybe go there during the summers, but I'm not sure if now is the right time to be looking at those sort of properties, especially when there's no guarantee of cash flow to cover my expenses/mortgage. Of course, if anyone here has some covid beachfront success stories to share, then I'd love to hear them!