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Updated about 3 years ago on . Most recent reply

User Stats

35
Posts
14
Votes
Drew Nashmy
  • Investor
  • Bedford, NH
14
Votes |
35
Posts

Good enough to rent now or wait for a remodel?

Drew Nashmy
  • Investor
  • Bedford, NH
Posted

This is our first STR. We were lucky enough to secure an oceanfront property and are excited to get things moving. With all you experts on here, I wanted to get your opinion. Since it is oceanfront, primetime is right around the corner. Would you rent this out now or wait until a remodel? Primarily looking at the kitchen and bathrooms needing some updating, but not wanting to miss out on income . . . what are your thoughts? Rent now, remodel in off season?

Most Popular Reply

User Stats

430
Posts
130
Votes
Alex Hunt
  • Lender
130
Votes |
430
Posts
Alex Hunt
  • Lender
Replied

It is a tough debate for sure but with the busy season coming up and how it looks. I would rent now and renovate later, as next busy season you will get that much more and not miss any of this busy season.

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