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Updated almost 9 years ago on . Most recent reply

Account Closed
  • Contractor
  • Simsbury, CT
13
Votes |
54
Posts

Myrtle beach investment market help

Account Closed
  • Contractor
  • Simsbury, CT
Posted

Hello bigger pockets!

I'm 25 years old and am in the process of buying my first multifamily (4 plex) in Connecticut. My parents are both retired and have recently moved to myrtle beach, sc. They are currently living with a friend but looking for a place to rent soon. They would be long term tenants for about 10 years. The market in myrtle beach seems pretty cheap right now and seems to have some promise for future snow birds. My question is, is the myrtle beach area (10 mile radius) a good area to invest in for the future or should I just stick to Connecticut for now? Thanks

Most Popular Reply

User Stats

60
Posts
14
Votes
Michael Karpie
  • Real Estate Agent
  • Myrtle Beach, SC
14
Votes |
60
Posts
Michael Karpie
  • Real Estate Agent
  • Myrtle Beach, SC
Replied

We have a couple properties here in the Myrtle Beach area and feel they are good investments. I would say yes, definitely look into Myrtle Beach. I feel this area is on the verge of significant growth in the long run. Contact me and I'll discuss some of the reasoning behind that belief.

Mike Karpie, Realtor
Beach & Forest Realty

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