Beach Front Vacation Homes

The current real estate market is an extreme win-lose proposition. If you have money set aside, you can win big with one investment – beach front vacation homes.

When it comes to real estate, the old cliché is location, location and location. If you don’t know this, step back from any thought of buying a home. In conjunction with this cliché is the idea of buying the worst home on the block and then fixing it up to get the most equity gain.

There is one type of real estate that breaks all the rules. Beach front vacation homes are a commodity. The population in nearly every country moves towards the coast because of what is typically a milder climate than interior areas.

More importantly, people that don’t move to the coast tend to vacation there. This fact has created an entire industry known as beach front vacation homes. Simply put, these homes are cash cows.

You can spend a few weeks or longer each year residing at them yourself. When you are gone, you can hire a property manager to rent the beach home out. It is common to charge a month’s rent for each week of use. Yes, you make up to four times or more of the usually monthly rent for other homes in the area.

The current real estate market is an undeniable mess. How bad? The Federal Reserve Bank is taking the kind of action we haven’t seen since the Great Depression. Bailing out investment banks like Bear Stearns is simply unheard of. In short, it is bad unless you have money.

If you have cash on hand and can get financing, you may have the rare opportunity to buy beach front vacation homes at a song. They are still expensive, but many owners are feeling the pain of the financial market disaster. If you have the opportunity to buy one of these homes and can squeeze into them, it is something you should pay very close attention to.

Think about it. You can dig your feet in the sand for a few months each year and make a bundle at the same time.