Long Beach Island Real Estate Rental Investments And Profitability

Dated: 02/09/2020

Views: 60

Long Beach Island Real Estate Rental Investments


Long Beach Island Real Estate Rental Investments

I am often asked by those looking to invest in the LBI real estate market if a summer rental property is profitable. While there is not a one size fits all answer to this question, under the right conditions, they can be very profitable in a variety of ways. When looking to invest in the LBI real estate market, a buyer should consider the investment in two ways: rental income and market appreciation. Before we go any further, I must say that all investments should be discussed with a financial planner, accountant, etc. to see what makes the most sense for you. When looking to buy a rental property in the LBI real estate market, there are a few variables that buyers should review:

  • Fundamentals of the market (locationlot size, etc.)

  • Can the property be rebuilt

  • What does the current rent potential offer and how can it be improved

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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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