Foreclosure condo at the Lake of the Ozarks

Lake Ozark Rental

Lake Ozark Rental

This 2 bedroom condo has 1500 square feet of living space and good Lake of the Ozarks view.  The complex is the Four Season Racquet and Country Club and is a very popular rental location for Lake Ozark.  The price looks too good to be true, but you have to consider a monthly assessment of $422.  Yes, that is the highest assessment of any condominium complex at the Lake, that’s why it would make a great rental.  When operating this unit as a rental business, you can write off the assessment fee as a business expense.  Put your cash to work and buy this unit and just pay the assessments and the low annual property real estate tax and start making money today.  This would be an ideal property to buy in your self directed IRA.
   

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