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Updated over 1 year ago,

User Stats

6
Posts
2
Votes
Nick Hawthorne
2
Votes |
6
Posts

Buy new or older beach house for STR? (Jersey Shore)

Nick Hawthorne
Posted

Hi all. I'm looking into purchasing a STR beach house on the Jersey Shore that I can use occasionally and rent at least enough to cover the mortgage. I've come across several new construction houses, presumably teardowns. What are the pros and cons of buying a newly constructed house vs. an older one in this area? Also, are there any good resources for investing in the Jersey Shore? Thanks!!

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