Anyone own a beach condo in Florida? Or if you could, where?

[JMGNole]

She's better in person, because I get a hug .

 

[goldmom]

She's better in person, because I get a hug .

Yes you do. "Senior" citizen status notwithstanding of course.
Me in a hairnet? Uh, no.

 

[JohnnieHolmesNole]

She's better in person, because I get a hug .

Like a grandma hug?

Those are great.

 

[seminole97]

Just me, but no way in hell would I want a parade of unknown “renters” coming in and out of any property that I ever intended to personally occupy part of the year (or “later”). The wear and tear would be huge, and never mind the sheer nastiness of the general population.

I tell ya this place is thick with nancys.

 

[JMGNole]

Like a grandma hug?

Those are great.

I get a Cougar hug. Your miles may vary

 

[goldmom]

My grandkids get grandma hugs.

 

[APK Nole]

Am I crazy to think that a 2nd home should only be purchased if you have enough straight cash to just walk up and buy outright?

Well, you would kind of be crazy to buy a house out right. A mortgage is the cheapest money you’ll ever borrow so you’d be much better off mortgaging while investing your own money elsewhere say a Vanguard S&P fund.

 

[seminole4life1]

Well, you would kind of be crazy to buy a house out right. A mortgage is the cheapest money you’ll ever borrow so you’d be much better off mortgaging while investing your own money elsewhere say a Vanguard S&P fund.

That just isn't true for everyone and certainly the benefits of a mortgage on a 2nd home aren't what they used to be. Diversifying your portfolio is not a bad thing- a guaranteed 4.5% return is a useful piece of a broad portfolio.