All Forum Posts by: Jennifer Hamric

@Matt McCourry: I'm looking for 3/2's in good school zones. Good bones houses. Seeing as how it will be my first, I'd very much like it to not be a total gut. 

Most of the houses I'm finding on the MLS are overpriced, and where as I am not opposed to lowballing, I feel like I need to get a feel for what neighborhoods to focus on first. Once I have a focus point, I can look more closely at the houses, their values, and what I want to pay for it.

I know that Myrtle Beach is mainly tourist based, but that the economy here is growing.

I would love to buy you lunch and discuss. 

Thank you for your time!

Yes, although the economy is picking up here and more businesses are moving to the area, the business is mostly touristy still. 90% of the town shuts down 6 months out of the year. I'm looking at doing a distance flip but I'm wary of that because I couldn't be there... Still doing lots of research and learning this area as best as I can before I move on anything. 

Myrtle Beach used to be a big military place. The old air force base was sold and now its an international airport and shopping center. 

Thanks for the advice though! :)

I am stuck. I understand driving for dollars and that being the best way to find houses that meet my criteria. And what to look for once I get to the point of actually driving.

But, in order to drive, I need to know how to search for neighborhoods to drive. What am I looking for in terms of recently sold? Prices? Schools? Employment? Household income? Property Values? (also, how do I find property values in certain areas as my tax assessor doesn't show a map) Etc?

What tools should I be using? Zillow? City-data? Trulia?

If someone could point me in the right direction, that would be great! :)

Thank you so much! :)

@Jonno Rushbrook Thanks!!

@Adrian Smude I'd love to except that I am based in Myrtle Beach SC

@Scott Harper Thanks for your reply. The property appraiser website is a good note. 

@Beau Miller I'd love to do coffee, but we're based in Myrtle Beach SC. I'm looking at investing in Central Florida because the market is much better there. I have family in that area and a couple of connections that should help. I'll let you know when I'm in town so that we can do that coffee.

@Priscilla Z. Thanks for the encouragement! It definitely means a lot.

@John Rogers Thanks for the info! I'll absolutely keep that in mind :) 

Good Evening!

I'm Jen. My boyfriend is Damien. I'm in accounting. He's a pilot.

I have these really big dreams to not be an "employee” the rest of my life. I’m definitely not lazy by any means; I just think that if I’m going to be working as hard as I am, I should get a better return on my time.

I tell everyone about my aspirations, and most laugh at me (good naturedly). But recently I’ve come across someone who agreed with me and said that if I am willing to do the work, he’d back me financially.

So I’ve been running scenarios on properties and driving neighborhoods near me attempting to learn the area. But I’m in Myrtle Beach. This area is DEAD ¾ of the year. The vacancy rate is something like 33%. Is it possible to find deals in a tourist based economy? Will it be more possible after I’ve gotten my RE license (in the works)?

I’ve heard in some of the podcasts that investors are working in areas other than where they live, where their return will be better. How would I go about getting started researching different markets? Would you recommend that for a newbie?

I’m tentatively looking into the Lakeland / Winter Haven / Orlando general area because that is generally where I’m from so I’m familiar with the area and I know that the market there is much better than the market where I am.

But who do I contact first to grow a team in a specific market or neighborhood that I might be interested in? A realtor? A PM company? A contractor?

Thanks so much! I look forward to the feedback!

Jen

Good Evening!

I'm Jen. My boyfriend is Damien.

I'm in accounting. He's a pilot.

I have these really big dreams to not be an "employee” the rest of my life. I’m definitely not lazy by any means; I just think that if I’m going to be working as hard as I am, I should get a better return on my time.

I currently go to school full time, have 3 kids, have a full time job and I work part time for a café, doing the books.

My method of choice is Real Estate. I’m open to flipping as well as rentals. I intend to get my RE license in the next couple of months.

I tell everyone about my aspirations, and most laugh at me (good naturedly). But recently I’ve come across someone who agreed with me and said that if I am willing to do the work, he’d back me financially.

Now I’m terrified of making a mistake with someone else’s money….

I’ve been listening to some podcasts that are very encouraging. I honestly feel like if I just take that first step, I can make it happen.

So, I’ve been running scenarios on properties (3-5/day) and driving neighborhoods near me attempting to learn the area.

But I’m in Myrtle Beach. This area is DEAD ¾ of the year. The vacancy rate is something like 33%. Is it possible to find deals in a tourist based local economy? Will it be more possible after I’ve gotten my license?

I’ve heard in some of the podcasts that investors are working in areas other than where they live, where their return will be better. How would I go about getting started researching different markets? Would you recommend that for a newbie?

Also, who do I contact first to help research a specific market that I might be interested in? A realtor? A PM company? A contractor?

Thanks so much! I look forward to the feedback!

Jen