Long Beach Island’s rental market is known to offer seasonal properties for rent, with few offering the opportunity for long term housing (1 year or longer). While there are obvious reasons to only list a property for rent during the summer months, there still is demand for “normal” rentals. Below are five incentives to consider when thinking about listing your property to rent.  

1. Having one secured tenant guarantees a monthly income stream for the length of the lease term.

2. While summer rental income depends on filling every single week available, having one tenant eliminates searching for multiple tenants. This can take up much of your time. 

3. Long-term tenancy usually results in less wear-and-tear

4. The market for a year-round rental on LBI is borderline non-existent. With not much competition and a steady demand, vacancy risk is low.

5. Certain tax benefits