Friday Night Dreaming - Where do you buy a condo to rent out now and retire to later?

[MattTuck]

Originally Posted by echappist

the cost consideration part or the w/kg part

Jest aside, I bet no other site mentioned has as much cycling history as Wintergreen. Anybody wanna take a guess at what the connection is?

ZING!

well played, sir.

I don't know the cycling connection, though.

[MattTuck]

Originally Posted by Spaghetti Legs

My hometown of Charlottesville ...

Originally Posted by rnhood

Charlottesville kind of goes without saying. Its a quality area.

Yes, I hear there are good people on both sides there. Sorry, couldn't resist.


rnhood, I've heard that parts of northern Florida (pan handle) are actually fairly hilly. Good idea.

[donevwil]

Originally Posted by MattTuck

...I don't know the cycling connection, though.

Tour de POTIS/duPont

Did a self guided tour following the Du Pont one year, that climb is a B. BEAUTIFUL area to ride, or not.

[ElvisMerckx]

Originally Posted by echappist

Anybody wanna take a guess at what the connection is?

Tour DuPont, Tour de Trump, Tour of Shenandoah, etc

[zlin]

Greece

[msl819]

Originally Posted by Hellgate

I want a place with low humidity. I'm over Austin summers.

I second that... try summers in Louisiana!

[echappist]

Originally Posted by MattTuck

ZING!

well played, sir.

I don't know the cycling connection, though.

needless to say, we are on the same boat .

thank goodness for more road derailleurs handling 36teeth cassettes. I climbed that brute last time I was there, but there was so much chain clanking and clattering that I doubt I had a very efficient drivetrain. Absolutely shattered by the time I got to the top

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Originally Posted by donevwil

Tour de POTIS/duPont

Did a self guided tour following the Du Pont one year, that climb is a B. BEAUTIFUL area to ride, or not.

Originally Posted by ElvisMerckx

Tour DuPont, Tour de Trump, Tour of Shenandoah, etc

Now that's interesting. I haven't heard of Tour of Shenandoah

Tour DuPont is the one I had in mind.

https://www.si.com/vault/1992/05/25/...t-tour-du-pont

https://www.youtube.com/watch?v=DvnrzU-rGX0

[fa63]

Originally Posted by MattTuck

I think I looked at some rides around Chattanooga once. Seem to recall it had some cool options.

Chattanooga has great road and MTB options. Plus really good food

[weisan]

Cuba

[gavingould]

many condo boards are likely to have bylaws that do not permit short-term rentals or subleases, or clauses that a certain percentage of the units must be owner-occupied.

speaking from experience as a ~15 year condo owner.
bylaws differ from community to community and can be modified, but take into consideration how badly you want to be a landlord. it can be a real pain in the saddle area.

[echelon_john]

St George, Utah. Tons of development, reasonable prices, great riding, strong rental market, close to Zion...

[Lovetoclimb]

I’ve been living in the greater Asheville NC area for 8 years now and in that time watched the real estate market climb and climb. It surely has to peak but nobody I know buying and selling seems to think that will be soon. While I encourage people to check it out, visit here, move here, the smaller towns within 30-45 mins offer a lot of charm without the masses of tourism and the real estate is still reasonable. 2/2 for 250k in AVL, no way! Brevard, Waynesville, Hendersonville, Black Mountain, Weaverville any beyond all very possible. And there will never be a shortage of tenants looking to rent said property until you want to move in.

[josephr]

Originally Posted by fa63

Chattanooga has great road and MTB options. Plus really good food

I like the Chattanooga option, but winters for tourists are dead....though you'll make some $ in the summer, especially as you get closer to the Ocoee/Hiawassee areas.

If I were in the market, the long-term value investment is the Red River Gorge in Eastern Kentucky. Beautiful area, great riding, and right now investments prices are pretty good compared to some of the more traffic areas. Like Chattanooga, winter rentals may be hit-n-miss. Asheville, NC is really nice year round.

[Likes2ridefar]

Near Scottsdale, arizona. Super easy Airbnb, potential significant income in peak seasons especially during spring training.

Not such a bad retirement area either...

[Steve in SLO]

There are some areas near Palm Springs that might fit the bill.