All Forum Posts by: Raymond Vail

Thank you for the input Taylor. The Chelsea neighborhood around Stockton University looks to be promising for tenants during the academic season (should it return to normal) in addition to possible AirBNB tenants during season. Just from driving around that area, I got the impression it was a bit “further along” than the rest of AC. Thoughts?

Thanks Kurt! I have heard that, which provides a bit of reassurance. I’ll see if I can gain more insight into projects in development. Great call out!

12 years ago I was encouraged to rent in Asbury Park instead of buying the place I stayed in for the following 5 years. I did, however, start a business there at the time. Over that time, I saw the prices skyrocket as the area developed, my business grew but so did my rent payment. The saying "Beachfront property doesn't stay cheap for long" was tossed around regularly at that point. I'm curious to know if anyone has insight into what the future of Atlantic may look like or if there are any other investors looking at the area. I'm specifically looking at using an FHA loan for a duplex or triplex to "house hack" (one unit to live in and one or two units to rent). Any information, suggestions, or connections (realtors, lenders, etc.) would be greatly appreciated! Thank you!