AirBNB in Ventnor City, NJ

[David Vitarelli]

I am in the process of rehabbing a 3 bed 1.5 bath townhome Ventnor City, NJ. The rehab I scheduled to be complete by late February/ early March. I plan on listing it with AirBNB by late March. I have subscribe to AirDNA to get market data, but from what I understand, real world figures can vary greatly. I would like, very much, to chat with others that have a STR in a beach town in NJ to learn more about realistic expectations as I move forward in this venture.

[Kurt S.]

Hi David! We’re right up the coast from you in Brigantine. We’ve had a 4 bed/3 bath townhouse for about 5 years now. Best decision we ever made. We’re beach block but separated from the sand by the dunes. We started at 2700/week and have raised rates religiously every year. We were at 3800/wk last summer and the whole season booked by the beginning of March. Don’t listen to realtors when pricing your weeks...they tell us every year we charge too much. I’m unsure what this summer will bring though with Covid...will people be anxious to get out in the sun, or still scared to go out with limited dining and entertainment options. Time will tell...