Showing posts with label Lease Holds. Show all posts
Showing posts with label Lease Holds. Show all posts

Sunday, January 2, 2011

Dewey Beach Leaseholds...... Series 2.

A New Year! A New Lifestyle?
Could a life-style change be test-driven?
Yes, is the answer!
The Lease-hold Beach Cottage was my sports-car/boat variety indulgence test-drive!
I knew I had to change my life; but I was unwilling to throw it all up in the air just for a change. How could I find a new life while living the current one?
Could I hold up to the commute? Could my business hold up to the "time away"? Would I like a beach-y Delaware life? Would this be where I would "retire"?
I loved the idea of a second block from the ocean location! Where else on the East Coast can one find this option for "cheap"?
I loved the idea of a cottage devoted for a determined functional goal: beach/fun, beach/fun, and more beach/fun!
I liked the idea of a three-season cottage, that required "Winterization". I'd enjoy the cottage May thru October; close the cottage; and then focus on life's non-beachy demands.
By purchasing the Lease-hold Beach Cottage I'd spend not too much cash; have a wild good time, and simultaneously and soberly asses the area for my next move: my "full-time" beach-y location.

Beach Blessings,


Sunday, December 5, 2010

Dewey Beach Leaseholds...... Series 1.

2004, I changed my life. I was six years into "Boot Camp", all work and no play, and it was time to have fun...... not just once in a while, but every week!
Childhood Summer memories at Dewey and Rehoboth Beach prodded me to return and find the fun. Since I loved life at the beach as a sand-crab the theory was as an adult I would too!
Summer of 2004, I looked for my beach cottage. As a kid we rented lease-hold cottages on the beach block; as an adult I wanted the same experience.
Summer 2004, what a crazy real-estate market I came into! In my humble opinion the prices for fee-simple and lease-holds were beyond inflated.
I decided not to buy a price-inflated fee-simple beach property, and instead I wanted a property not more than three blocks from the beach; and the cheapest one would do just fine. Thus I bought my Rehoboth By The Sea Leasehold "Beachy Cottage", Second Block from the ocean.
I bought a life style. I found a community of over 300 property owners that did the same as myself.
The lease-hold is the same as buying a fancy vehicle or boat. The money is spent for pleasure and not as an investment.
Sometimes, I do call my beachy-cottage: My Beached Boat.
I am happy to be moored two blocks from the finest beach in Dewey!

Beach Blessings,