That’s all very helpful and thank you for the tips. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

It can help build some incredible relationships and really learn some great tips from the pros!

That will allow you to build the additional legal space further amplifying the value of the proprety (more HELOC money). 

Further you should look at how many nights you were occupied across all units here and divide $25,000 by that number.

@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.

I'm correcting the misinformation you are posting and trying to get further clarification on what you are posting.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.

While you’ll get your initial investment back, the first 5 years will be challenging due to the ongoing costs.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help!

👋I work with a lot of investors who are diving into short-term rentals, and I wanted to share a few tips I’ve picked up over the years that can really help maximize ROI.