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Old 06-22-2006, 03:06 AM
Biloxi Biloxi is offline
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Join Date: May 2005
Location: B-Town
Posts: 403
Default Re: Ask tommy2 about Real Estate

I would also like to get your opinion on condos on the Gulf Coast. They are flying up in my area. Is there money to be made or are they just for rich snow birds?
Avg costs im seeing are 250 and up. All are brand new and most likely on the beach. This isnt a hot spot for young people vacations and there arent many attractions left since Katrina. Should I get in before the area really starts booming or wait? Waiting would see a large rise in prices, but buying early could also lose money with lack of occupants(vacationers/renters).
and Whats the deal with shared properties?(I know alot of FL is shared ownership) good/bad

Casinos are gonna sky rocket prices when they start being completed. You should see all the crazy plans, Booming.
thanks for any info
Biloxi
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