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Thinking of buying some investment property at loto anyone else?

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Old 12-19-2010, 05:59 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, 06:24 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, 07:49 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, 08:00 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, 08:04 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, 08:10 PM
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Quote:
Originally Posted by kyboy1020 View Post
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, 08:11 PM
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Originally Posted by obnoxus View Post
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, 09:03 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, 10:27 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, 10:37 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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