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Updated over 5 years ago on . Most recent reply

User Stats

25
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3
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Les Armour
  • Rental Property Investor
  • Morristown, NJ
3
Votes |
25
Posts

1st Time Investor In Atlantic City

Les Armour
  • Rental Property Investor
  • Morristown, NJ
Posted

Hi everyone! I am a newbie to the site as well as the real estate investment game! I am closing on a 3 family home next month in Atlantic City and am very excited/nervous to get started. With the tough economic times, the real estate market definitely has taken a dive, but I am hopeful that the city will turn around. Definitely send me a message or let me know if you have invested in Atlantic City and let me know what your thoughts are! 

  • Les Armour
  • 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

    sports betting has helped stabilize things but even a few years ago and during the height of negativity 2013-15 imo, hotel rooms occupancy was maxed out and great food and beverage numbers. Things have come around and jobs came back too. 

    There seems to be enough buy in from different organizations and investors that things will continue to improve. The arts and yoga community has really done so much in a couple short years. 

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