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long range planning

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tman11
3/28/2019 14:54 EST

Hello,
My wife and I have been to Roatan twice to dive and really love it. I am 62 and could retire tomorrow except for insurance (2 time cancer survivor so that's kind of a big deal). My wife is only 55 and is a dental hygienist. We were wondering if she would be able to find part time work as a hygienist. We have been considering buying a house and renting it most of the year until I could move full time, what is a realistic expectation occupancy of a rental? Thanks for any insights you might have.

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HondurashereIcome
3/28/2019 19:36 EST

my daughter and I are building a place in a gated community on the Caribbean side. when we are not there, we have hopes of renting out the house to others. I think you have a better chance on Roatan and if you use Airbnb you would have that exposure to do so.

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tman11
3/29/2019 12:58 EST

Thanks for the replys. The key word in my post was "survivor"! I've been cancer free for 5 yrs now and I refuse to let fear of it coming back rule my life. On the bright side, the main point of my question was how much luck have others had renting their property out while they weren't on the island?

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HondurashereIcome
3/29/2019 18:51 EST

sign up for Airbnb.

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johnst13
3/29/2019 20:13 EST

About renting your place while your not on the island has a few questions for you. To rent here first where is the house as location is probably the most important thought that comes to mind. As renter like certain things. Then who will be taking care of your house and handling the renters while you are away? By that I mean who will pay the power and how are you getting water and gas for cooking? Are you thinking about by the week or a 6 month rental or even longer term? The
property manager is needed for any problem with infrastructure while you are away and you definitely can not count on renter. There are many more things to think about to own a home on Roatan.
Kevin

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tman11
3/30/2019 09:37 EST

John, thanks. Yes certainly would want a property manager. Those many things to think of that you mention is the reason for my questions. Those kind of things will influence where we buy, if we do.

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Choosing an expat health insurance provider is an important decision. Get a quote from our partner, Clements Worldwide, a leader in international insurance for expatriates. With Clements Worldwide, your plan is designed to give you and your family access to the best healthcare possible, wherever you are in the world.

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johnst13
3/30/2019 13:00 EST

On Roatan VRBO does much better than Airbnb as owners have had a problem collecting money when the renter has done some kind of damage.

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johnst13
3/30/2019 13:01 EST

On Roatan VRBO does much better than Airbnb as owners have had a problem collecting money when the renter has done some kind of damage.

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johnst13
3/30/2019 13:08 EST

It is easier to rent weekly on the west end of the island as there is more and closer tourist things to do on that end of the island and not have to have a car. The east end of the island is more peaceful for more long term renters that want to get away and live that kind of island life. But a car is needed there.

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tman11
3/31/2019 11:40 EST

Thanks for the info John.

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HondurashereIcome
4/4/2019 19:08 EST

I will be living in a gated community to which the security guards are paid by us.

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