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All Forum Posts by: Rick Oaks

Rick Oaks has started 0 posts and replied 2 times.

Post: Advice on beach properties and VRBOs

Rick OaksPosted
  • Ridgeley, WV
  • Posts 2
  • Votes 1

Yes - actually most income comes from winter months. Jan, Feb, March, April are always booked every year. No problem doing that. The rest of the yr is hit/miss. We are trying to engage the European market more to fill those voids. Just offering to take credit cards created much more rentals. Tenants did not want to be bothered with sending checks.

Post: Advice on beach properties and VRBOs

Rick OaksPosted
  • Ridgeley, WV
  • Posts 2
  • Votes 1

Hi Brandy - we purchased a 2/2 near the beach approx. 5 yrs ago in Sarasota Fl ... love it!  on 15 yr mortage it has a small cash flow and each year gets better,  but we do use it ALOT ourselves. We did a very nice total remodel and it is stocked very well- i.e more than 4 forks etc and tenants really appreciate it... coffee maker, spices, quality cookware, bikes, beach accessories.

Good Luck!