Winnipesaukee Forum - View Single Post - Snowbirding vs. Year-Round Retirement

Descant · 02-03-2021, 04:14 PM

Thinkxingu, you ask questions that have no easy answers and the answers may be different 10, 15, and 20 years from now. If you don't know where "down south" you want to go, that's an added issue. For true year round boating and water activities, you have to go way south. Mid-Atlantic isn't going to cut it. Maybe an RV so you can sample some places? We have friends who just bought one, and they love it, even for nearby weekend trips. Big deal is, the dog can come along so no need to make kennel arrangements way ahead.
Without knowing, I'd expect the 100% fixture would be to keep the camp. It will be sooner than you think when L'il Buddy will be starting to take over some of the routine duties.
The other approach, if you have ideas where you want to be, down south, is to buy something now that is largely rented/self supporting so you're building equity in the market you want to be in. Think of real estate investment as part of a diversified portfolio. Manage it as a business, not as a vacation home that you rent once in a while.

02-03-2021, 04:14 PM	#8
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,031 Thanks: 1,211 Thanked 1,511 Times in 983 Posts	Rv? Thinkxingu, you ask questions that have no easy answers and the answers may be different 10, 15, and 20 years from now. If you don't know where "down south" you want to go, that's an added issue. For true year round boating and water activities, you have to go way south. Mid-Atlantic isn't going to cut it. Maybe an RV so you can sample some places? We have friends who just bought one, and they love it, even for nearby weekend trips. Big deal is, the dog can come along so no need to make kennel arrangements way ahead. Without knowing, I'd expect the 100% fixture would be to keep the camp. It will be sooner than you think when L'il Buddy will be starting to take over some of the routine duties. The other approach, if you have ideas where you want to be, down south, is to buy something now that is largely rented/self supporting so you're building equity in the market you want to be in. Think of real estate investment as part of a diversified portfolio. Manage it as a business, not as a vacation home that you rent once in a while.