Real Estate Investing in Myrtle Beach

[Kevin Herget]

Hello all,

I am moving to the Myrtle Beach area in the next week, and was looking into ways to invest in Real Estate there. I am from NJ and was brought up in a family that invested in many Multi Family homes and Rentals. Also, been involved in construction and contracting since I was little, since it is my fathers occupation, and continues to be. I would ideally want to do that but Myrtle Beach seems to be a much different market than NJ, and Multi Family homes are harder to come by. Most Rentals seem to be Vacation Rentals, and not knowing your cash flow on a year to year basis makes me a little uneasy. So I was wondering if anyone had any advice on how to get started. I have been looking into Mobile Homes, and Mobile Home Parks since there seems to be a lot of them in the area. Mobile Homes seem to be inexpensive and possibly easy to Flip, with creative financing options being a way to make some money there too. 

Any advice, or insights would be much appreciated.

Kevin Herget

PS: I am newer to biggerpockets, been reading their blogs and articles for years, but never participated in the forums and memberships until now.