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Updated almost 5 years ago on . Most recent reply
STR - Ventnor, NJ, Poconos, PA or South Florida?
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
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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