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Updated almost 2 years ago,
Bethany Beach Rental Property
We are considering investing in a beach property. We love OBX but it is a long drive. After a visit to Bethany Beach, we really like the town and beach. Thinking we could invest in a property, use it a couple weeks per year and rent it to cover our costs - and have a low-property tax home by the beach to use more heavily in retirement.
I know in researching OBX that properties there were hit and miss on making a profit. Wondering if Delaware beaches might be less harsh on houses (maintenance/upkeep), and whether it is easier to profit on a home there. Probably a couple years from making a move, but want to start evaluating whether it might make sense.
Thanks for any input/experience.