Summer Beach House in New Jersey, Expense Estimates
Can anyone share their expense estimates when underwriting a summer beach home? Taxes I can find but insurance (homes not directly on water), Property Management fee, repairs/Maintenace and legal. Any other tips on underwriting a rental beach home would be greatly appreciated, thanks!
[{"id": "i3d4843", "text": "I do not own at the NJ shore but have plenty of friends who do (none for rental though). Why not ask a few management companies for estimates? They should know pretty well.\n\nThis also doesn't seem like a commercial real estate question. You're probably better off asking elsewhere.", "replies": [], "depth": 1}]