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All Forum Posts by: Jeffrey Hillen

Jeffrey Hillen has started 3 posts and replied 12 times.

Post: New Investors in Carlisle, PA

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Lawrence, I live in the Lititz area but would be interested in connecting. I currently work my 7-5 office job in Carlisle so let's just say I am very familiar with 81 and 283!

Send me a private note if looking to connect as I have two young children (4.5 and 2.5) and would have similar interests you have relating to multi family and /or commercial. 

I look forward to hearing from you and wish you good luck if you choose otherwise.


- Jeff 

Post: The future of STRs in your local market?

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

STR's will continue to evolve. I believe townhomes will prosper compared to condos/apartments. Young families will pay more for high end finishes and tech friendly spaces compared to our parents generation that were willing to sacrifice premium hotels or home rentals to save money on the family vacation.

Post: STVR- Renters Won’t Communicate

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Hello Missy, sorry for not replying to this until now.

I secured the property and realized I needed a handy man and a cleaning company... really just asked my realtor and called people via google searches.

9 months later I would not hire a property manager. I find with a remote lock and turn key housekeeper, the headaches have been minimal and manageable without the fee. I pay $212 for a turnover clean in a 4 bed townhome which includes linens towels and soaps. 

I’m looking for another property so if anyone has something in NMB let me know!

Post: Financing On 2nd STVR

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Everyone, I had trouble finding loans for STVR without putting my primary residence being collateral with a newly established LLC. The first Home we purchased cash and have only owned and rented for under months.

Any suggestions on places to get a loan against this new property through the LLC or possible alternative financing? Our first place has cash flowed very well and I'm interested in looking at purchasing another in North Myrtle Beach.

Thank you.

Post: STVR- Renters Won’t Communicate

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Thanks everyone for your insight. Most of you are right; I can’t get attached because I bought this as an income producing asset. My method of communication was sending out the welcome packet via e-mail, a message on the platform to confirm they received the information, a text on arrival wishing them a great time and to let me know if anything is needed, and a departure text to thank them for staying and asking for a review if they had a great time.

I believe moving forward I’ll do better but it was hard when my phone seemed to constantly buzz what felt like all day long and not think the worst. The good news is... the payment cleared ✅.


For places like beach getaways, what rule of thumb are you using for net income? It looks like I’ll be in the $2,800 profit for July after deducting all expenses.

Post: STVR- Renters Won’t Communicate

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Hey all, I’m new to this and am self managing remotely. The first two renters were great and gave 5 star reviews on AirBnB. My last renter did not respond to any method of contact. My electronic lock was opened over 100 times in one day. My cleaners confirmed no damage so maybe this can happen... any advice on someone with similar experiences and what you do differently?

Also, I’ve had great success on AirBnB but not one message on VRBO. Anybody know of any suggestions to get more traction on this platform besides pricing?

Post: Remote Newbie Vacation Rental SC from PA

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

This all looks good. Our HOA covers the exterior but the contents were ur on a Lloyd's policy.

Post: Remote Newbie Vacation Rental SC from PA

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

@Markmiles, thank you for posting and appreciate the advice. We were able to put this first property under agreement without financing. It would take me another 9-12 months to consider anything in That price range. What Is your opinion on HELOC on the unit or other lending alternatives once we get some rents coming in?

@Mark Milesundefined

Post: Remote Newbie Vacation Rental SC from PA

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Thank you Katie. You made a wise choice to go South haha. Let me know some local places you recommend in Myrtle; we spent most of the time north of the city. I’m hoping to be back down and would definitely be interested in additional properties.

Post: Remote Newbie Vacation Rental SC from PA

Jeffrey HillenPosted
  • Investor
  • North Myrtle Beach SC
  • Posts 12
  • Votes 5

Thank you Michael. The LLC was formed with the purpose of the property. I appreciate the insight and link on AirBnB.