Home Buying in Maine>Question Details

Judiwo, Home Buyer in York, ME

what are pros and cons of owning a vacation condo over owning small 2nd home. NH or Maine close to ocean and lakes.

Asked by Judiwo, York, ME Thu Jul 26, 2012

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Darrell D. Drouillard’s answer
As an investor and landlord I can think of a few cons for a vacation condo versus a home. Cons of a vacation condo may include condo fees, lots of turn over from short term leases/rentals, and vacancy levels during the off season. A home can be rented long term with less turn over and thus, less need for constant make-ready between clients and less vacancy rates.
0 votes Thank Flag Link Thu Jul 26, 2012
Shoot me an e-mail so 800 agents don't all try contacting you at once-ryanrich@masiello.com I'm a full time broker in Maine and would be happy to explain the pro's and con's to you.

Again that's ryanrich@masiello.com or just give me a call 207-210-9753

Thanks and I look forward to hearing from you :)
0 votes Thank Flag Link Thu Jul 26, 2012
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