Long Beach Island Real Estate Rental Investment
LBI Real Estate Rental Technology 
LBI Real Estate Rental Technology 
LBI Real Estate Rental Technology
Long Beach Island Real Estate Rental Investment Property
When looking to own and manage a rental investment property in the LBI real estate market, buyers have a host of management options available that can make the process far more manageable. While the tried and true real estate agencies can and do still have an enduring place in the market, there are ways to use the internet to not only manage the rental but also increase the bookings and profitably of the investment. Some of the best technologies on the market currently are:
- Large national websites like vrbo.com and airbnb.com
- Local management websites like vrlbi.com
- Full-service rental platforms such as Evolve
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Rental Technology
Each of the rental technologies will offer different advantages and costs. These costs can be catered to your level of need in the LBI real estate rental market. Sites like vrbo.com will usually be among the most expensive for basic services as they charge booking fees and sales tax as of the time of my writing this article. The booking is handled entirely through the site creating a more hands-off process. Local rental websites will usually be the cheapest and show the most profitability to a Long Beach Island homeowner. They will also require the most work and direct interaction with the tenants. Lastly, there are full-service platforms with fees similar to those of real estate agencies that will alleviate most of the work. They can handle the entire process as well as offer a level of assistance with any rental problems. Of course, with this higher fee structure, the profitability of the rental will decrease.
Buying and Renting in the Long Beach Island Real Estate Market
When looking to buy a rental home in the Long Beach Island real estate market, it is best to understand the methods and costs associated with renting a home. Without this critical first step, there is no way to understand your ownership costs and the potential profitability of the rental. I can give you guidance on owning a home as well as the responsibilities associated with managing a summer rental investment on Long Beach Island…that’s my job after all! If you have any questions about buying, selling or investing in the LBI real estate market, please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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