Buying an Investment Home in the LBI NJ Real Estate Market
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Long Beach Island Real Estate
There are plenty of investment opportunities out there, and there are some exciting ones in the Long Beach Island real estate market! The popular narrative tells us that stocks, 401k investments, savings accounts, bonds, even gold are considered suitable investments. Along with these options, one of the most time-tested and resilient investments is real estate. Many investment advisors will point to real estate as an anchor when the stock market crashes or recesses. Real estate is often considered a hard asset that you can see, touch, and use, unlike paper assets. The LBI real estate market offers some compelling and lucrative investment opportunities. Long Beach Island real estate investments should be considered an avenue for you with this insight. As a realtor and not a financial advisor, I must remind you to seek the advice of your accountant and financial advisor. Still, I can give you a breakdown of potential returns on a rental or spec project in the LBI real estate market.
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
Long Beach Island Real Estate Investment Opportunities
There are three main areas of investment opportunities in the LBI real estate market, and they are:
- Investment in rental properties
- Building a spec home (also called flipping)
- Commercial real estate
- Real Property Management
- Realtors
The LBI real estate market has always been regarded as one of the most stable markets, making Long Beach Island real estate investments. The lack of short sales, foreclosures and other distressed sales separates our region’s real estate from the rest. We know that there is no more significant drain on the market than distressed sales. With a limited number of distressed sales on the market, home prices are generally not subject to the massive swings we see in other real estate markets around the nation. Even in the worst of times, many homeowners will retain their properties by taking advantage of the LBI summer rental market. The summer rental market on Long Beach Island is a highly reliable and profitable market to take advantage of. Homes may be purchased with around 20% down and still show a positive cash flow. It is not uncommon to see an 8%-15% return on the cash investment in a summer rental property in the LBI real estate market. Building a new home also offers outstanding rental returns. When done correctly, it is common to see a 20% to 30% equity position gain on construction projects. This helps make Long Beach Island real estate investment practical and safer when you partner with the right team.
Buying an Investment Home in the LBI NJ Real Estate Market
Anyone looking to buy a home in the LBI real estate market should learn the basics of investing on Long Beach Island and its different options. Topics include defining your investment goals, the different types of investment, and whom you should consult before investing. I highly suggest you contact your account or financial planner before making any decisions, but I can help you understand the different ways to invest and the potential returns you can achieve. 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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