Know When To Sell Your Investment
Homes in the Bay Head and Mantoloking areas, along with many shore communities in Ocean and Monmouth Counties, are priced to sell and, behind the scenes, investors have been buying homes in the area for less than their previous value. Most investors already have homes of their own, and generally hold onto their investment home until they think it's a good time to sell and make the most money.
However, sometimes an investor who maybe wanted to quickly flip a home doesn't do so right away because the return would be too low. So he or she is forced to wait until home prices rise and during that time, they rent out the home.
Because of this, there are many property owners who are now wondering if this is a good…