Tuesday, August 12, 2014

TIPS AND SUGGESTIONS FOR LANDLORDS IN THE LONG BEACH ISLAND REAL ESTATE MARKET

LBI REAL ESTATE LANDLORD TIPS




Renting a House on Long Beach Island and LBI Real Estate Landlord Tips

The LBI real estate market can be an excellent area of investment. Home prices on Long Beach Island are down from the peak of the market in 2006, but have remained generally stable. Even in the wake of Hurricane Sandy, the area rebounded quickly and the real estate market remained strong. One of the core reasons for the stability seen in the LBI real estate market has to do with summer rentals. Renting a house on Long Beach Island can generate tremendous income. This additional income can help to cover expenses, and even eliminate the need to short sell the house (another reason for the market’s stability). When becoming a landlord on LBI, there are some basic things that can be done to improve cash flow and the overall experience of the house.

 By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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