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Rent vs Buy in Myrtle Beach : Real Estate Advice

  • All818
  • Local Info65
  • Home Buying305
  • Home Selling13
  • Market Conditions64

Activity 2
Sat Feb 9, 2013
Christine House answered:
Management companies want to see steady income & a good credit score. But that does not always mean its impossible. Honesty is always the best policy when talking to management companies. Sometimes you can negotiate a larger security deposit to show good faith.
Christine House
Century 21 Broadhurst & Associates
843-215-6831 Direct
609-339-0916 Mobile
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Thu Mar 25, 2010
Marie Matvya answered:
I think purchasing a property down at the beach would be a great investment for you. Before you purchase there are many factors that may come into play that you should be made aware of. Oceanfront properties rent very well but there are also major costs that come along with owning this type of property. Most of the on site companies take 50% of your rental income some maybe a little less and the monthly hoa fees are quite high and that is for a number of reasons such as insurance and amenities that are available on site. By no means am I trying to discourage you from this type of property being one of your options. There are many great deals out there in all locations but I would suggest you obtain as much information as you can and take a trip down to the beach to look around and see what may be best suitable for you. If you have any questions,please feel free to contact us at anytime. We look forward to hearing from you.

Marie Matvya
The Myrtle Beach Real Estate Team
Shoreline Realty
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