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Updated almost 2 years ago on . Most recent reply
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Realtor in Myrtle beach SC who knows Airbnb market
Looking to long distance invest in an Airbnb property in the Myrtle beach SC area. Looking for realtor recommendations who have connections to management/cleaning teams.
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@Alexander Knowles @Daniel Denning
I definitely would like to attempt to self manage the property. I have two single family homes I self manage now, in my town, with my business partner. We just started out and we’re looking for more here.
Honestly my life long dream is to own a beach property. First, I was just going to work long hours. Then, I decided to get into real estate to be able to afford one. It dawned on me recently that I really don’t even have to use the rentals I’m in now to pay for one. I could just buy one now and let short term rentals such as Airbnb pay it off for me! Since I’m looking for a place I want to keep my own one day I don’t need massive cash flow, as the property needs to suit my own wants long term.
I only know the area from vacationing there every year as a kid. I want a single family home with room to sleep multiple guests I can have one day. I stumbled on a home I like, but I just don’t feel comfortable with my knowledge of flooding and hurricane risks especially. Including costs associated with that.
I also don’t feel like I have a great grasp on the numbers I would be looking at with Airbnb, cleaning, etc.
Verification of the areas success and help with finding what/who I need to successfully self manage from further away would really help me pull the trigger to reach my actual dream. Thanks for commenting on my post!