100m from the surf, $450k in debt: should they keep their beachside rental?
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A couple in Northland must decide the fate of their beachside rental property. A long-term tenant is moving out, leaving the owners with a choice. They are currently managing 450,000 dollars in debt. Options include finding a new tenant or selling the home. They are also considering using the property for Airbnb. The house is located 100 meters from the surf.
A long-term tenant is leaving a couple’s Northland rental, forcing them to decide whether to Airbnb it, find another tenant or sell.