GOM condo rental discounts

[Arraya]

http://blog.al.com/press-register-business/2010/06/rates_discounted_at_the_beach.html
Property managers are offering 30 percent to 50 percent cuts at condominium units and beach houses, hoping to fill rooms and prevent cancellations in the wake of the BP oil spill.
“June has been gutted, as far as rental occupancies,” said David Bodenhamer, a partner in Young’s Suncoast Vacation Rentals in Gulf Shores, which handles almost 500 rental units. “We’ve had $220,000 in cancellations in the last three days. We’re running less than a 50 percent occupancy, which is significantly less than this time last year.”
In fact, he said, a few of his clients have reduced their rentals rates by half.
“They are just saying, ‘Get me whatever you can get me.'”

[HLS]

Just one risk of owning vacation rentals that was probably never mentioned when sold as an investment.

It certainly cannot be a good thing for property owners and will probably lead to a few foreclosures for the “wannabe Donald Trumps” who became landlords on a shoestring.

GREED can be a terrible thing…just sayin’

[HLS]

Just one risk of owning vacation rentals that was probably never mentioned when sold as an investment.

It certainly cannot be a good thing for property owners and will probably lead to a few foreclosures for the “wannabe Donald Trumps” who became landlords on a shoestring.

GREED can be a terrible thing…just sayin’

[HLS]

Just one risk of owning vacation rentals that was probably never mentioned when sold as an investment.

It certainly cannot be a good thing for property owners and will probably lead to a few foreclosures for the “wannabe Donald Trumps” who became landlords on a shoestring.

GREED can be a terrible thing…just sayin’

[HLS]

Just one risk of owning vacation rentals that was probably never mentioned when sold as an investment.

It certainly cannot be a good thing for property owners and will probably lead to a few foreclosures for the “wannabe Donald Trumps” who became landlords on a shoestring.

GREED can be a terrible thing…just sayin’

[HLS]

Just one risk of owning vacation rentals that was probably never mentioned when sold as an investment.

It certainly cannot be a good thing for property owners and will probably lead to a few foreclosures for the “wannabe Donald Trumps” who became landlords on a shoestring.

GREED can be a terrible thing…just sayin’

[outtamojo]

They are canceling their GOM vacations and stayin home or goin to….

[outtamojo]

They are canceling their GOM vacations and stayin home or goin to….

[outtamojo]

They are canceling their GOM vacations and stayin home or goin to….

[outtamojo]

They are canceling their GOM vacations and stayin home or goin to….

[outtamojo]

They are canceling their GOM vacations and stayin home or goin to….

[davelj]

I’m in New Orleans once a month on business and I was talking to a friend of mine there a couple of days ago and he told me that there are lines “out the doors” to get commercial fishing and shrimping licenses in southern Louisiana. Everyone wants a license so that they can sue BP for not allowing them to fish and shrimp. These are all new licenses – most of these folks don’t even own a boat.

Now, I want BP to pay out the ass on this disaster. But… we can’t even imagine the graft and shenanigans that are going to go on once folks start staking their claims on damage monies. And Louisianans are notoriously creative and corrupt where such things are concerned. I’m sure I’ll have some interesting stories to share.

[davelj]

I’m in New Orleans once a month on business and I was talking to a friend of mine there a couple of days ago and he told me that there are lines “out the doors” to get commercial fishing and shrimping licenses in southern Louisiana. Everyone wants a license so that they can sue BP for not allowing them to fish and shrimp. These are all new licenses – most of these folks don’t even own a boat.

Now, I want BP to pay out the ass on this disaster. But… we can’t even imagine the graft and shenanigans that are going to go on once folks start staking their claims on damage monies. And Louisianans are notoriously creative and corrupt where such things are concerned. I’m sure I’ll have some interesting stories to share.

[davelj]

I’m in New Orleans once a month on business and I was talking to a friend of mine there a couple of days ago and he told me that there are lines “out the doors” to get commercial fishing and shrimping licenses in southern Louisiana. Everyone wants a license so that they can sue BP for not allowing them to fish and shrimp. These are all new licenses – most of these folks don’t even own a boat.

Now, I want BP to pay out the ass on this disaster. But… we can’t even imagine the graft and shenanigans that are going to go on once folks start staking their claims on damage monies. And Louisianans are notoriously creative and corrupt where such things are concerned. I’m sure I’ll have some interesting stories to share.

[davelj]

I’m in New Orleans once a month on business and I was talking to a friend of mine there a couple of days ago and he told me that there are lines “out the doors” to get commercial fishing and shrimping licenses in southern Louisiana. Everyone wants a license so that they can sue BP for not allowing them to fish and shrimp. These are all new licenses – most of these folks don’t even own a boat.

Now, I want BP to pay out the ass on this disaster. But… we can’t even imagine the graft and shenanigans that are going to go on once folks start staking their claims on damage monies. And Louisianans are notoriously creative and corrupt where such things are concerned. I’m sure I’ll have some interesting stories to share.

[Author]

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