HE SAYS:

I have heard that if you want to get something done give it to the busiest person you know.  This may sound counterintuitive, but, it seems to be true that industrious people always find a way to do more.

With that in mind, one may ask with everything we have going on in our lives, why would we buy a condo on the Jersey Shore which we now both use and rent to others?  This did not just come out of left field.  Annemarie has gone to the Jersey Shore all of her life and, after we were married, we continued the tradition with our family.  Since 1982, we have missed going to the Jersey Shore only three times.   No matter where else we may travel, we always plan a summer vacation at the shore.

For several years we rented a three bedroom condo right on the beach with spectacular views of the ocean and almost four years ago we found out that it was for sale.   Despite the project in Arizona, we could not resist buying the condo and having our own piece of the Jersey Shore.

The Inside Of Our Condo

The Inside Of Our Condo


The Ocean View From Our Condo Balcony

The Ocean View From Our Condo Balcony


Michael, Joseph, Matthew, and Julia on the Condo Balcony

Michael, Joseph, Matthew, and Julia on the Condo Balcony

Since we are only able to use the condo for a short time each summer, we rent it out for the rest of the season.  We use both a rental agent and find our own tenants through our personal web site on a rent by owner network.  We also let friends and family use it when it is not being rented.

This has become yet another small business for Annemarie and me to run.   Luckily for me, it is mostly Annemarie.   It is quite time consuming dealing with the rental agent as well as all of the paperwork that goes along with our own rentals.   Invariably, there are all kinds of problems, big and small, to deal with from emergency repairs to figuring out how the bed sheets could have disappeared since we were last at the condo.

Oh well, what is one more project in the scheme of things?  At least, it helps keep things interesting. 

 On Wednesday, Annemarie describes some of the pitfalls of renting their condo in “Our Business At The Jersey Shore”.

WHAT DO YOU SAY?