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Updated about 2 years ago on . Most recent reply

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Myrtle beach STR fees

David Rabinowitz
Posted

Hello All. For the last 2 years I’ve been saving money and absorbing knowledge on real estate investing. Im ready to start making offers on properties. Im looking to get started in Myrtle Beach, ocean front or one block off the beach.

Im underwriting deals taking into consideration PITI, HOA fees, utilities, savings for capex and repairs/replacements, potentially a property management fee and/airbnb fees).

Are there any myrtle beach specific fees or taxes I am missing? Occupancy tax? Or really anything else I’m overlooking.

Thank you!

Most Popular Reply

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25
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David Rabinowitz
Replied

@Michael Baum thank you. That site looks very thorough. I’m going to plug all the info im there today. Hopefully thats the last piece of the puzzle before I’m confident in offering on deals.

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