All Forum Posts by: Jeff R.

The dual property option is very popular here in Myrtle Beach. Black out off-season weeks for personal use. The busiest week by far is the Fourth of July. The whole Grand Strand becomes a battlefield of municipalities and locals vying for the most spectacular fireworks displays on the beach! But that's when you can charge the highest rates and make the most money. The rest of July and August are the best money-making weeks. 

Off-season doesn't necessarily mean the dead of winter. We have very mild weather in spring, beginning March. Today (February 24th) it is 70 degrees. In the fall the mild weather often extends into December!

So the "Dual-Use" option can work really well here.

A couple other issues to watch, HOA fees and Management fees. HOA fees can vary quite a bit and can be a pretty good deal depending on what you get for the money. Management fees also vary considerably. Shop around.

My wife and I are working on buying a few vacation rentals in Myrtle beach , SC.

One   I know the numbers ,and they make sense. Same time I want to spend 4 to 6 weeks at the beach each year. So I have two reasons to invest in these type of properties.

Alex

They have been a hit here where I am- just listed my first and it's been great so far!