Accountant · Montclair, NJ · Member since 2020 · 218 posts · 104 votes
Been pondering the idea of getting into a short term rental (currently have long term multi-family house in northern NJ). Considering Beach Haven West area as it is close to beach but also protected by the bay. Goal would be that it would pay for itself and I could use it occasionally.
Couple of questions:
- Has anyone had any luck with this area? Very popular place during the summer but how is rental in off-season?
- I would be investing in it from about an hour and a half away. Anyone has recommendations in terms of a handyman for the area?
- In regards to running the numbers, is there anything that you could think of that I wouldn't think of cost wise in this area?
Any other general insight is greatly appreciated! Thanks!
Been pondering the idea of getting into a short term rental (currently have long term multi-family house in northern NJ). Considering Beach Haven West area as it is close to beach but also protected by the bay. Goal would be that it would pay for itself and I could use it occasionally.
Couple of questions:
- Has anyone had any luck with this area? Very popular place during the summer but how is rental in off-season?
- I would be investing in it from about an hour and a half away. Anyone has recommendations in terms of a handyman for the area?
- In regards to running the numbers, is there anything that you could think of that I wouldn't think of cost wise in this area?
Any other general insight is greatly appreciated! Thanks!
Not familiar with this area. Sometimes your cleaner will have a Rec for a handyman. Or you can try reaching out to other hosts.
Hi @Ben Trageser I have a STR in Lavallette NJ that does pretty well year round. Of course the rates in the winter time are substantially lower then the peak summer months of June, July, August. Message me if you have any questions.