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Ocean City, MD Real Estate, Buying Ocean City, MD Vacation Rentals, Investment Property in Ocean City, MD

Buying Second Homes Vs. Investment Properties: What’s the Difference?

Often, the intentions of buyers in the Ocean City, MD real estate market are to own a getaway place at the beach or to generate rental income. Many buyers are unfamiliar with the difference between buying a property as a second home or as an investment property. In fact, depending on your purchasing strategy, it could affect you financially.

In this article, I’ll breakdown the differences between buying a second home verse an investment property in Ocean City, MD. Even if you’re considering options in other markets, this could help you too!

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on September 20, 2018 at 2:43 PM
   
Buying Second Homes Vs. Investment Properties: What’s the Difference?

Often, the intentions of buyers in the Ocean City, MD real estate market are to own a getaway place at the beach or to generate...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on September 20, 2018 at 2:43 PM
6 Benefits of Owning a Vacation Rental in Ocean City, MD

Many buyers seek to own a beach house in Ocean City, MD. Whether it’s your first place, you’re up-sizing, down-sizing,...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on July 12, 2018 at 11:46 AM
3 Ideal Ways to Manage Your Ocean City, MD Vacation Rental

Often, owners want to generate rental income from their beach condo or home in Ocean City, MD. Since Ocean City is a resort...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on May 16, 2018 at 10:00 AM
8 Best Practices for Buying Coastal Real Estate in Ocean City, MD

Buying Ocean City, MD real estate can be a bit different from many inland real estate areas. From flood areas to researching...

6 Steps to Buying a Home Before Selling a Home

Many homeowners are interested in selling their home, and want to down size, up size or re-invest in an opportunity. Some...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on October 19, 2017 at 9:18 AM
What's the Ideal Time to Invest in Ocean City MD Real Estate?

Often, buyer's ask me if there is an ideal time of the year to buy real estate in Ocean City MD. Some buyers are curious to...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on October 12, 2017 at 10:46 AM
What is a 1031 Exchange in Real Estate Investing?

1031 exchanges are common in real estate investing. You don't need to be a big time flipper to benefit from it. If you're...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on October 5, 2017 at 10:51 AM
Ocean Pines Vs Ocean City Real Estate: Which Is a Better Investment?

It's not uncommon for buyers to ponder the decision of whether to buy a home in Ocean Pines or Ocean City, Maryland. Even...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on September 27, 2017 at 7:49 PM
What Properties Make the Best Vacation Rentals in Ocean City, MD?

If you're like many buyers in Ocean City, MD, you're probably looking for the perfect beach place that the best vacation rental...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on September 14, 2017 at 8:00 AM
Ocean City MD Real Estate Market Update [August 2017]

The Ocean City MD real estate market is hot. Often properties are going under contract in a blink of an eye. If your're...

Michael Nolen of Coldwell Banker Realty
By Michael Nolen of Coldwell Banker Realty
on September 10, 2017 at 9:00 AM

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