Bradley Beach NJ Real Estate: Is Owning Rental Property Right For You

Bradley Beach NJ Real Estate: Is Owning Rental Property Right For You 

Investing in Bradley Beach NJ real estate and owning rental property sounds glamorous, but it isn’t for everyone. 

Be sure you know what you’re getting into and understand what you are getting into before signing on the dotted line. Here are some questions you should ask yourself before purchasing an investment property:

•   Where will the down payment come from for this property?

•   Do you have cash reserves so you handle periods of vacancy, i.e. no income?

•   How about reserves for unexpected repairs and other expenses?

•   Do you need property to rent immediately or do you have time and money for a “fixer-upper”?

•   Will you make needed renovations and repairs or hire someone else for the job?

•   What type of property do you want: single family, apartment, duplex, condominium, or vacation property?

Thinking it through ahead of time assures that you won’t get caught making a rash decision you will regret later.

If you decide now is the time to take advantage of lower market prices and invest in Bradley Beach NJ real estate and rental property, visit PatrickParkerHomes.com.

Search all Bradley Beach NJ real estate and homes for sale.

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About Patrick Parker Realty

Patrick Parker Realty, an independent boutique brokerage located in the heart of Bradley Beach is your local market leader. We understand the demands of a changing real estate market and avail ourselves of the latest industry information and tools to ensure excellent results. Our Commitment to You Our seasoned Real Estate Agents are committed to providing all of our clients, from first time sellers to veteran real estate investors, quality and friendly service. We walk you through every step of the sale process offering the guidance, feedback, and expertise needed to ensure your complete satisfaction.
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