All Forum Posts by: Russ Scheider

Welcome to BP and welcome to SC.  You have a great setup! We love investing and love to travel.  When our kids are a bit older, perhaps we will adopt your model.  My wife and I are full-time investors in Charleston, SC.  There are some good networking groups here in Charleston.

Welcome @Scott Huggins.  Would love to connect.  Sounds like we have some very similar interests.  My wife and I rehab/flip, sell wholesale properties in Charleston, and are in the process of developing our rental portfolio.  Let's talk soon.  

Welcome Kyle,

Good to meet you!  The number of investors in Charleston is exploding.   I have met 3 other investors new-to-Charleston ALREADY THIS WEEK (and it's only Wednesday!).  2 on the phone, and 1 in person as he bought a wholesale property from me. It is a very competitive market, as you will soon discover.  Inventory is low and demand is extremely high.  Finding houses to buy at investor-pricing is a real challenge right now.  I can help you with "shadow inventory" and I can give you some powerful guidance to help you find private money.    Look forward to speaking with you soon.

$60/hour is reasonable for SC.  Housing is booming again in Charleston County.   Beaufort County is not far behind.  Expect labor to become scarce and expensive in the near future.  $75/hour was common before the 2007 bust. 

I would like more info. [email protected]

@George Wendt

  Thank you for the kind words!  Please put me in touch with your investor agent.  We are looking for buy-and-hold and rehab properties daily.

$1100 a month for a condo in Ladson sounds very steep!   Maybe in Charleston-proper, but Ladson rents are typically well below $1000.  Has a local property manager verified the rent for you?  If not, I can recommend a few you can talk to.  Nothing in the deal for me.  Just trying to help a fellow BP investor. 

Weeks is great, but sometimes we feel "lost in the shuffle" since they are such a big firm.  Also Consider Buxton & Collie, Butler & College, and Manaker and Cippola.  We have had success with these firms and others.  

@Reginald S.  I have no expertise in hotels, but I have friends in Charleston who have bought them in the past are actively seeking more hotels to purchase.  Send me a message and I will hook you up.

Unrelated to this conversation, I just heard a story from a realtor of an ice cube left on a laminate kitchen floor overnight that caused swelling and minor de-lamination.  Terrible product IMHO