102A Port O’ Call, Isle of Palms, SC

[Patrick Whyte]

Investment Info:

Condo buy & hold investment.

Purchase price: $645,000
Cash invested: $32,250

New to the rental program, this charming 1 bedroom villa is an ideal beach getaway. With ocean views and community pool access, you'll be able to walk right off the screened porch out to the beautiful, pristine beaches of the Isle of Palms. The bedroom features a King bed and TV and it connects to both the renovated bathroom with standing shower and accesses the screened porch. Have extra company? There is extra sleeping in the twin-sized daybed in the foyer area or on the comfortable sleeper sofa in the living room. Come check out this beach-side paradise within the Wild Dunes Golf Resort, located just 20 minutes from downtown historic Charleston!

What made you interested in investing in this type of deal?

We vacationed there and loved the area

How did you find this deal and how did you negotiate it?

Zillow. With a buyer’s agent

How did you finance this deal?

5% down, 10 year ARM

How did you add value to the deal?

Updated the decor

What was the outcome?

Bookings have been good, but wondering how we can do better

Lessons learned? Challenges?

First full time STR