$150k to invest: suggestion? (Rochester, Long Beach: real estate, oceanfront, condo) - Long Island - New York (NY) - City-Data Forum

mack9 · 04-06-2008, 09:32 AM

hi,
looking to invest $150K in a place close to the ocean where we can go during summertime and then my brother can move in when he retires. we just need a small nice place. is that impossible?any tip?

thanks!

Walter Greenspan · 04-06-2008, 11:52 AM

Quote:

Originally Posted by mack9

... looking to invest $150K in a place close to the ocean ...

And, which ocean would that be?

baylovers · 04-06-2008, 10:43 PM

$150,000 would be a great down payment on an oceanfront condo in Long Beach or the Hamptons!

NYNewbie · 04-07-2008, 05:45 AM

Quote:

Originally Posted by mack9

hi,
looking to invest $150K in a place close to the ocean where we can go during summertime and then my brother can move in when he retires. we just need a small nice place. is that impossible?any tip?

thanks!

Real Estate. Golf courses and cemeteries. I just bought property right next to the Great Wall of China - On the GOOD side!

slynn41072 · 04-07-2008, 08:25 AM

I would look in Myrtle Beach, North Myrtle Beach or another SC beach. 150,000 won't get you much on LI without having a HUGE mortgage. Just my opinion

Lancet71 · 04-08-2008, 11:58 PM

Try upstate by the erie canal west of rochester. Very nice especially in the summer. In long island forget it!!!

skbs · 04-09-2008, 12:27 PM

Quote:

Originally Posted by Lancet71

Try upstate by the erie canal west of rochester. Very nice especially in the summer. In long island forget it!!!

I grew up along the canal... you do not want to vacation in the Rochester area along the CANAL... it is gross water, nobody wants to swim in it... if you are thinking of a Lake... try one of the Finger Lakes- I like Canandaigua.