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All Forum Posts by: Kendra DeKay

Kendra DeKay has started 1 posts and replied 4 times.

Hi Greg, I own and manage STRs in Aiken, SC and we were actually just in Charleston over the weekend and I looked for an affordable AirBnB to stay in but had to settle for hotel! I love Charleston, but do factor in the additional risk of flooding and hurricanes to your considerations. 

Hi Folks, I am interested in purchasing a multi-use 3 unit commercial space that has an apartment that I would like to AirBnB and two small businesses with leases in place. I have two SFH investment properties and have used residential mortgages for those, however I am a complete newbie to commercial lending... I don't even know what I need to know! Any advice on where to start gathering info would be much appreciated! TIA

Post: Closed on 1st Investment Property!!

Kendra DeKayPosted
  • Posts 5
  • Votes 10

@Ryan Copeland yes, our duplex is in Aiken, too. I just started learning & getting interested in acquiring a rental property when this opportunity came up right in our backyard so we decided (semi-terrified!) to just go for it! I’m impressed at your bravery to invest out of state. I hear GA has some great markets! Best wishes to you!

Post: Closed on 1st Investment Property!!

Kendra DeKayPosted
  • Posts 5
  • Votes 10

Congratulations Ryan! That's super exciting!! I see you're in Columbia—my boyfriend went to USC and we live in Aiken, SC. We are closing end of January on our first investment property (also a duplex for short term rental). You probably already knew this, but I just learned that in our city there's an additional municipal "AirBnB" tax of 9% on STR. Just thought I'd mention it because it's something we've had to learn more about as first time investors. Good luck on your exciting venture!