Investment Properties in Myrtle Beach : Real Estate Advice

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Bill Knoll, Real Estate Pro in Myrtle Beach, SC
Bill Knoll answered:
Myrtle Beach, SC Rental markets for condos
I would be happy to help you with this. It will take more than just a quick answer here. We would need to discuss and compare your options. Feel free to contact me at 843-275-2455 or ... more
0 votes Share Flag Tue Feb 24, 2015 Investment Properties in Myrtle Beach
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
What is the best time to buy investment resort condos in the Myrtle Beach area? And is it better to have one 3-bedroom or three 1-bedrooms?
Very true here north of Myrtle in the Outer Banks resort area too. The best selling season is Spring, the best prices (lowest) are seen in the fall/winter since there is no rental incom ... more
0 votes Share Flag Sun Nov 30, 2014 Investment Properties in Myrtle Beach
John Weaver, Real Estate Pro in Myrtle Beach, SC
John Weaver answered:
what is a good investment property in myrtle beach with low HOA's, that will pay for itself with rental income?
Hey Sheila and Anyone Else Interested,

This is perhaps my favorite question because it's so easy to answer. However knowledge of the best investments is somewhat a trade secret that ... more
2 votes Share Flag Sun Nov 30, 2014 Investment Properties in Myrtle Beach
John Weaver, Real Estate Pro in Myrtle Beach, SC
John Weaver answered:
Buying a condo in Myrtle Beach, SC - Dunes Village
Hey Arnsebay and Anyone Else Interested,

Ocean front condos have the ability to be great investments. The combination of appreciative value and annual rental income has investors buy ... more
2 votes Share Flag Sun Nov 30, 2014 Investment Properties in Myrtle Beach
John Weaver, Real Estate Pro in Myrtle Beach, SC
John Weaver answered:
Myrtlewood villas..are they a good investment??and how do i see the rental history..what are the pro's and cons for this place?
Hey Shannon and Anyone Else Interested,

I'm a big fan of quick and simple answers. No they are not "good" investments because there is better out there. I will agree with Anthony tha ... more
2 votes Share Flag Sat Nov 29, 2014 Investment Properties in Myrtle Beach
Fulton Bone, Real Estate Pro in Conway, SC
Fulton Bone answered:
Researching/Buying Myrtle Beach Rental Property
Forrest,
Yes you can certainly schedule a time to fly into the area a view the homes you have selected.
I can certainly email you current active listing on properties that fit your cr ... more
0 votes Share Flag Sun Dec 15, 2013 Investment Properties in Myrtle Beach
Jason Morris, Real Estate Pro in Myrtle Beach, SC
Jason Morris answered:
Do condo fees ever cover rental fees as well?
Chris
Normally the HOA doesn't have anything to do with rental rates. The HOA docs will determine if you can do short term, nightly rentals, or rentals at all. It will also outline wha ... more
0 votes Share Flag Tue Dec 10, 2013 Investment Properties in Myrtle Beach
Jason Morris, Real Estate Pro in Myrtle Beach, SC
Jason Morris answered:
Can any money be made with short term rentals in Kingston plantation Myrtle Beach SC?
That isn't really a yes or no question without knowing several variables. But the short answer is the property can be rented and will generate an income, but it may not be enough to cov ... more
0 votes Share Flag Tue Dec 10, 2013 Investment Properties in Myrtle Beach
Michael  Eag…, Real Estate Pro in Myrtle Beach, SC
Michael Eaglin answered:
where is the best location to purchase vacation rental property.?
Sam, Good question. The answer is not so simple. Many variables will effect what an investor will do. If you would like, I can provide you with the necessary information to meet your re ... more
0 votes Share Flag Mon Mar 11, 2013 Investment Properties in Myrtle Beach
Wanda Wilson, Real Estate Pro in Myrtle Beach, SC
Wanda Wilson answered:
We are considering to buy a condo at Myrtle beach as an investment.
Hi Samantha, I have a one bedroom ocean front condo listed for sale. It sleeps 8 and is in the beautiful Compass Cove resort in Myrtle Beach. The condo has 2 queen size beds, a fully st ... more
0 votes Share Flag Fri Mar 1, 2013 Investment Properties in Myrtle Beach
Wanda Wilson, Real Estate Pro in Myrtle Beach, SC
Wanda Wilson answered:
Ocean Front Investment Property for weekly rentals in Myrtle Beach
Hi, I'm Wanda Wilson, a real estate agent with Century 21 located in Myrtle Beach. I presently have a one bedroom condo listed for sale that sleeps 8 that is selling for $5,000 less tha ... more
0 votes Share Flag Thu Feb 28, 2013 Investment Properties in Myrtle Beach
Liz Smeltz, Real Estate Pro in Garden City, SC
Liz Smeltz answered:
I just bought a second condo in the same golf course project. Is it automatically considered as investment property,and if so, what about furn. tax?
For real estate taxes, it will be considered an investment property which puts you at a higher tax rate. Depending on county, you will want to go to Horry or Georgetown County website o ... more
0 votes Share Flag Tue Feb 19, 2013 Investment Properties in Myrtle Beach
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
With the current economy, are the investment condos renting enough to cover the owner expenses?
With the current economy, the trends are strongly favoring good condo investments, more than many other types of property. If you get the right units, you'll be able to cover all your ... more
0 votes Share Flag Tue Jan 1, 2013 Investment Properties in Myrtle Beach
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
I've read a lot of negativity on condo-tels as investments. Are their any supporting data to show otherwise?
Yeah, the maintenance fees usually kills the deal. Have you considered a straight condo investment instead? Good units can yield 20-40% cash-on-cash returns.
0 votes Share Flag Tue Jan 1, 2013 Investment Properties in Myrtle Beach
Lisa Belcher, Real Estate Pro in Palm Beach, FL
Lisa Belcher answered:
Past Sales Data
Please email me a request for what you're looking for, and I'll be happy to forward the details and give you more insight and instruction into how you can check these records yourself. ... more
0 votes Share Flag Mon Jul 30, 2012 Investment Properties in Myrtle Beach
Daniel J. Mu…,  in Myrtle Beach, SC
Daniel J. Murphy answered:
Is it easy to rent your condo at Barefoot Resort in Myrtle Beach?
Shannon

The properties at Barefoot do serve very well as a second home that can be rented out while not using yourself. There are a number of rental companies that can manage the pr ... more
0 votes Share Flag Mon Jun 25, 2012 Investment Properties in Myrtle Beach

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