Comment by scarface_74
2 months ago
[Context: this isn’t bragging my wife and I got rid of everything we physically owned and downsized so we could do this.
https://www.investopedia.com/terms/c/condotel.asp) we own. When we leave for months at a time, we just pack everything we own in 4 suitcases and store what we can’t in our one car - like my “desk” which is just a card table.
We then put our unit in the rental pool and get income whenever someone stays in our unit. That covers our mortgage and all inclusive HOA fee. But that really only works in March - mid April (spring break), during the summer and the last two or three weeks of the year.
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