June 13th, 2011 1:23 PM by Mike and Susie Berra
Have you considered long term rentals at the Lake of the Ozarks? With the economy in it's current state, it is something you may want to consider. For a property owner, long term rentals may be the solution if you have been unsuccessful at selling your home or condo. You may also want to wait until the market rebounds and take advantage of a fairly robust current rental market. The nightly rental program may be taking its toll on your property, and you would like the advantages of long term rentals. As an investment, you could purchase something now at the current lower prices and lease it out until a later and more profitable time.
As a prospective buyer, your may want to "try before you buy". If you have thoughts of buying a home or condo at the Lake, a 6-12 month lease may give you a better feel for Lake living, without making the initial commitment to purchase. There are times when a lease/purchase arrangement may be in order.
Whether you are a property owner, a prospective tenant or prospective buyer, take some time to learn the advantages of long term renting. Please visit our other website at www.longtermrentalsatthelake.com
Don't let your property sit idle. Even in a down market, there are ways to utilize your property and generate income. Let us know how we can help.