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Investment Property Part 1

Is Purchasing A Beach Home A Good Idea



F


rom the time I was a very       the best way to understand) and   
little girl I have known of     if you ever have had the good     
my father’s dream to have a     fortune to look at the night      
little house by the sea. It           skies over the ocean, unfettered  
didn’t have to be a fancy house,      by city lights then you’ll        
for all he cared it could be a        understand what I meant by        
surf shack, but he wanted to wake     mystical and awe inspiring.       
up to the sun and sand, and drift                                       
off to sleep listening to the         So the question inevitably        
sound of the waves lapping the        arrives, is a beach house a wise  
sand. While he doesn’t exactly        investment? In light of the last  
have a house on the beach, he did     two hurricane seasons, even       
live on a boat for a while and        seasoned coast dwellers are       
now resides in the US Virgin          beginning to ask themselves the   
Islands. He’s most definitely in      same question. The truth, in      
easy driving distance of the          dollars and sense, is that almost 
beach.                                anywhere you live in America,     
                                      there is some sort of             
His dream is a dream that many        environmental risk associated     
people share. I’m more the cabin      with living in there. The truth   
in the mountain type, but I do        is also that the last two         
understand my father’s love of        hurricane seasons have been       
the ocean. It’s a mystical source     unlike anything we’ve seen in     
of both inspiration and awe. I do     history. I grew up in Mississippi 
feel that staring out over            and even though Camille was       
endless miles of water is perhaps     before I was born, I watched many 
the second best way to comprehend     of the scars she left behind heal 
how big the world really is. Of       and grow into a thriving          
course you can see an endless         community that until last summer  
blue sky (which is in my opinion      was the Mississippi gulf coast.   



The point I’m trying to make is       modest to the outlandish and      
that you have to decide for           outrageous with price tags to     
yourself which risks you are          match. Well the outlandish and    
willing to take with your             outrageous. One thing you will be 
investment and remember to be         hard pressed to find is cheap     
properly insured (this includes a     real estate on the beach.         
rider clause for flood zones as                                         
flood damage is not covered by        If you are considering purchasing 
traditional home owners               a beach house, I say go for it.   
insurance).                           Make sure that you are adequately 
                                      insured for all contingencies (as 
One thing I can tell you about        we all should try to do with all  
owning a beach home is that if        things in life) and take your     
you scout your location and           risks. Investing in real estate   
choose wisely, a beach home is        is always a risky endeavor, beach 
rarely difficult to sell and          front properties are really and   
almost always gains value over        truly no riskier than anywhere    
time rather than loosing value.       else and if you take the proper   
You would have to let your beach      precautions, you may find that    
house fall into a serious state       the joy you experience from you   
of disrepair or environmental         beach home is hardly dampened by  
damage in order to lose money on      the risks involved in the         
the deal. You can find beach          process.                          
houses ranging in size, styles,       

                              
and price from the meager and         






About the Author:

Gray Rollins is a featured writer for YourVacationHomes.com. To learn more about buying a beach house and beach front property, visit us.


Read more articles by: Gray Rollins

This article is distributed by: www.iSnare.com


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