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Updated almost 5 years ago on . Most recent reply

User Stats

860
Posts
323
Votes
Mayer M.
  • Investor
  • Cherry Hill, NJ
323
Votes |
860
Posts

STR - Ventnor, NJ, Poconos, PA or South Florida?

Mayer M.
  • Investor
  • Cherry Hill, NJ
Posted

Hey all,

So I'm tossing around the idea of buying a STR with the intention of my family getting use out of it.

Currently I live in South Jersey and my family travels to Florida a few times a year, In the summer we spend a lot of weekends in Ventnor, NJ and we love the Poconos. I have family in both Ventnor and South Florida which is where we stay when visiting.

I love the idea of being able to purchase a property in these areas with the intention of getting all my costs covered by STRs and being able to use them for my family.

I would love any feedback on this especially for this who have STRs in some of these areas.

Thanks!

Most Popular Reply

User Stats

431
Posts
170
Votes
Kurt Kwart
  • Specialist
  • Atlantic City, NJ
170
Votes |
431
Posts
Kurt Kwart
  • Specialist
  • Atlantic City, NJ
Replied

Hi @Mayer M. I have duplex STR in Ventnor and a 10+ unit under contract. The returns have been beyond expectations but its a high end unit.

We are converting our Atlantic City properties to STR as well.

Moms got spots in SW Florida and she likes being down there for the winter. I think you play to what you like. Maybe check out the STR University guys videos. It's great content

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