Investments in North Carolina vs South Carolina

Columbus, OH · Member since 2018 · 164 posts · 126 votes

Hello BP community,

Which state offers better opportunities for investment properties—North Carolina or South Carolina—when considering factors such as market growth, rental demand, property taxes, and long-term appreciation potential. Anyone invested in sunset beach area ? looking to visit NC for potential investments if anyone would like to connect? (potential areas - 10 mils to beach)

Thx

Sachin

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Andrew R. LucasBusiness Member

Investor · Columbia, SC · Member since 2016 · 676 posts · 320 votes

I am biased to SC. We have so many great markets and a business friendly environment.
Myrtle Beach, Charleston, Greenville, and Columbia are the major cities but there are plenty of opportunities with cities like Florence, Rock Hill and Orangeburg.

Happy investing!!

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Drago Stanimirovic
New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 465 votes
1y
Hey Sachin,

Both states have strong markets, but it depends on your goals. North Carolina (like Sunset Beach) offers better long-term appreciation and steady rental demand, especially within 10 miles of the coast. South Carolina has lower property taxes and can offer stronger short-term rental cash flow in spots like Myrtle Beach.

If you're focused on long-term growth, Sunset Beach and nearby NC areas are a solid play. Let me know if you want help running numbers or structuring financing.
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Myrtle Mike ThompsonBusiness Member
Realtor · Myrtle Beach, SC · Member since 2016 · 352 posts · 204 votes
1y
@Sachin Amin Are you looking to get into short-term rentals or traditional buy and hold? If your trip takes you over the border into the Myrtle Beach and North Myrtle Beach areas I'd be happy to connect and discuss some options with you.
[email protected]843-999-2301
Myrtle Mike Real Estate580 Reviews
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Andrew R. LucasBusiness Member
Investor · Columbia, SC · Member since 2016 · 676 posts · 320 votes
1y
I am biased to SC. We have so many great markets and a business friendly environment.
Myrtle Beach, Charleston, Greenville, and Columbia are the major cities but there are plenty of opportunities with cities like Florence, Rock Hill and Orangeburg.

Happy investing!!
2 Reply
Bryce JamisonPro Member
Rental Property Investor · Mebane, NC · Member since 2015 · 494 posts · 439 votes
1y
I'm biased to NC. We have both mountains and beaches within a few hours drive, temperate weather, great colleges, very reasonable cost of living, and lots of high paying jobs between banking in Charlotte and tech/biotech in RTP. I personally have property on Topsail Island and central NC. Feel free to DM if you want to talk NC beach investments.

SC has some of these things too. They also have lower taxes and population. Something else to keep in mind, NC tends to be a politically purple state while SC is very red. This could be beneficial from an investment property perspective, but you'll see a lot more confederate flags (we have them in NC too, but not as many!)
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