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Daniel Servdio
  • Rental Property Investor
  • Red Bank, NJ
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Lakewood, NJ and 55+ Communities

Daniel Servdio
  • Rental Property Investor
  • Red Bank, NJ
Posted Nov 19 2019, 04:26

Hi All,

I’ve noticed an interesting opportunity regarding 55+ rentals in Ocean County, NJ (Lakewood, Brick, Toms River). The homes in these communities seem to sell for dirt cheap, and comparable rents appear to provide significant cash flow.

I want to buy one of these as my first deal but here are my concerns:

1. Is finding Tenants in the market hard? I’m only 22 so I personally have very minimal experience in these communities.

2. Am I missing something? These seem like a great opportunity knowing that the baby boomers retirement class is growing quickly.

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