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Thinking of buying some investment property at loto anyone else?

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Thinking of buying some investment property at loto anyone else?

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Old 12-19-2010, 04:59 PM
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Default Thinking of buying some investment property at loto anyone else?

I have been looking to invest in some more vacation/rentL property. Who all owns property at ozarks? Do you rent? What is your vacancy percentage? Are there any good property managers in the area? I will be researching and spending some time up there over the next few months to get a feel for the market but wanted to see if anyone had any personal experience or input here.
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Old 12-19-2010, 05:24 PM
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We own property at the lake. Probably the time buy is now. We rented in the past and had good luck with it. Call Krantz/Remax Lake of the Ozarks if you need an agency. Jeff has a great team and has spent most of his life at the lake. His brother Mark owns a property management company.
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Old 12-19-2010, 06:49 PM
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Awesome thanks! Are u renting your property? What area is it located in?
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Old 12-19-2010, 07:00 PM
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With all the condos popping up down there is it still possible to make money with rentals?
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Old 12-19-2010, 07:04 PM
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We own a lake house down at the lake and I'd recommend Terry Summers if your looking for a good Realtor... Our place in on the North Shore area closer to the Dam.

http://www.summersatthelake.com/

Here's a pretty good link for looking at what's available down there at the moment... It has rentals, for sale and forclosure's listed...

http://www.hotpads.com/

Jim
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Old 12-19-2010, 07:10 PM
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Originally Posted by kyboy1020
Awesome thanks! Are u renting your property? What area is it located in?
Not renting anymore.
Osage Beach- Lands' End.
Terry Summers is also a good one to deal with, as someone else mentioned.
My 2 bedroom is for sale.
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Old 12-19-2010, 07:11 PM
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Originally Posted by obnoxus
With all the condos popping up down there is it still possible to make money with rentals?
There hasn't been any new ones built it a few years.
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Old 12-19-2010, 08:03 PM
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a 3rd referral for Terry Summers.

Location like all real estate. The Osage Beach and lake ozark area are most popular for rentals. Ledges has always been a big rental property as has Lazy Days, The Knolls all have on site rental desks.

PMG manages a lot of units also if you want a professional managment co. I would bet 99% of complexes have some rentals.

It goes with out saying but get the biggest slip, a 28 foot boat fits in a 48 foot slip but not vise versa.

If you need financing contact Brenda at Central Bank 573-348-2761.
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Old 12-19-2010, 09:27 PM
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4th for Terry Summers we close on the 27th. He has been great so far
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Old 12-19-2010, 09:37 PM
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We have a condo at Indian Pointe, 17mm by water, first street in Osage Beach by land. We don't do the rental thing. We didn't use Terry Summers when we purchased, but I have called him a number of times with questions and he was always glad to help. I will most likely use him next time we need a realtor at the lake.
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