Why is LBI a good investment?

What are the most profitable types of investment properties on LBI?

New construction and spec developments can be the most profitable type of investment if done correctly. Speculative builds can also be the riskiest because it requires future prediction of the market. It is not uncommon to build a 20%-30% equity position through a new construction flip.

Rental properties are also quite profitable. It is not uncommon to find a property that will cover your ownership costs and allow you to spend time in the home during the off season.

Rental properties are also quite profitable and there are a few ways to approach this investment opportunity. The typical rental is a week-week and runs Saturday to Saturday. The average rental is around $6,000 for the week. Unlike most areas, we do typically do not underwrite properties on an annual basis. This is because our prime season of course is the summer and more specifically the first week in july until the second to last week in august. The two most requested features from tenants are to be close to beach haven and to have a short walk to the beach. rental properties that are oceanfront or oceanblock generally outperform those on the bayside. There are always exceptions to this, for example if a house is in a section like LEHYC, Loveladies, or on a lagoon. Bayside properties still have rental demand but it is important to note tenants top requests.

This is a frequently asked question?

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

This is a frequently asked question?

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.