Rahway, NJ · Member since 2016 · 72 posts · 6 votes
Looking on the MLS, it seems like there is opportunity to invest in Multifamily properties in Seaside heights. 2 family Properties a block from the beach and boardwalk are going for around 300k. Does anyone here invest in Seaside? I'm curious what the numbers look like to Airbnb a unit vs. long term rental.
People do live in seaside heights year round so you can definitely make money doing that. I’m honestly not sure how Airbnb would be during the off-season. If you’re able to make all the money necessary during the warmer months when the town is active than it can work. At that point you’re better off looking for a 3 month summer rental or week by week during peak season!
@Josh Thompson I invest in Seaside. What you make during the summer only usually equals what you’d make during the year as a long term rental. If you rent short term during the summer and then offer the place as a winter rental you’ll cash flow all day.