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Updated almost 2 years ago, 02/13/2023
Considering ST Rental Purchase near Long Beach Island NJ
Been pondering the idea of getting into a short term rental (currently have long term multi-family house in northern NJ). Considering Beach Haven West area as it is close to beach but also protected by the bay. Goal would be that it would pay for itself and I could use it occasionally.
Couple of questions:
- Has anyone had any luck with this area? Very popular place during the summer but how is rental in off-season?
- I would be investing in it from about an hour and a half away. Anyone has recommendations in terms of a handyman for the area?
- In regards to running the numbers, is there anything that you could think of that I wouldn't think of cost wise in this area?
Any other general insight is greatly appreciated! Thanks!