For St. Thomas it's a no brainer
Any residential property on St. Thomas that can be purchased for $100,000 or less is an absolute no brainer.
Here are three reasons why:
#1. Interest rates are still near historic lows.
#2. Average rental price for a descent studio is still around $1,000 per month without utilities.
#3. Because there comes a price point in which no matter who you run the numbers it is a safe investment.
We do not have any homes at this price point. We have a very few condos. If you would like me to send you any properties in this price point please contact me: http://www.sellvi.com
Happy House Hunting.