All Forum Posts by: Sharee Mason

Welcome to BP!

@Account Closed said about slowly upgrading your tenants and starting with the worst first.  

You are also right about the hoarders.  Hoarders don't change without a lot of counseling and support.  I would know... I'm a recovering hoarder.  It has taken me 5 years to sort through and part with my bus loads of junk.  I am finally at a healthy place.  It is a slow, tedious, and emotional process.  There is no quick fix.  You could rent a dumpster, which might encourage them to part with some things, but it will not solve the problem and won't help you at all with how quickly you need it remedied.  I do appreciate the thoughtfulness behind the suggestion of course.  As someone who has been in that state of mind though, it isn't a good solution because hoarders don't see their items as trash or junk.  They won't willingly part with enough to make a difference unless they aren't given the choice.  

It is sad to evict tenants who have been faithful renters for so long, but infestations are bad for everyone, including them.  Be prepared for an uphill battle because moving at their age is difficult.  It's a lot of stress and work, even if they hire help.  This is a tough situation but I wish you the best of luck and think you are on the right track.  Keep us posted!  I'd love to hear how it all pans out.  And congrats on your new multifamily building!

Welcome to BP!

Ok average DOM is between 7-8 months.  I can't afford to keep mine that long.  I need to sell it in the next 3.  It has been on market for 1.5 months already.  I only dropped it by $5000, which is 2.5%.  You really drop 8%?  That seems like a lot.

Thank you for the help. We ended up finding a property on a private lot in Summerville. I've heard good things about the area. It's a new construction, as my husband is absolutely against another fixer upper while our children are so young. Our strategy is to use our housing allowance to pay down the mortgage while we live there and to rent out the second master suite. We haven't decided if that rental income will be used to make additional mortgage payments or to set aside for another investment. There is no HOA, so we're happy about that. It's very close to Joint Base Charleston. We're hoping it will be easy to sell to incoming military when we leave.

We have opted for the upgrades that will make it appealing to future buyers, like hardwoods instead of laminate and tile instead of vinyl.  Any advice on what the average Charleston buyer looks for would be greatly appreciated.

Good points!  Hadn't thought to ask my agent that.  I will check with her in the morning.  We decided to drop the price yesterday by $5k.  Hopefully that does the trick.  Our house is in a very seasonal area, so sales are slow this time of year.  Most houses there sell in the spring.  I'm hoping ours sells quickly because our tenant moves out this month and we are in the process of purchasing another home.  

How long do you let a house sit on the market before lowering the price?

May I ask what ended up happening here, and what builder you used?  I am looking into buying a new construction in SC as well.

I am also interested in learning more about the area, as we haven't arrived there yet.  What areas are up-and-coming?  What areas hold value?  Where are the worse neighborhoods or neighborhoods with greater crime, etc?

I am looking to buy in Charleston, close to the Air Force base. Unfortunately, almost everything I'm finding has an HOA. I am going to live in this property but will likely rent it out or sell it in 2-4 years, or whenever our duty station changes. Any helpful information on here about HOAs specific to the Charleston area, or advice on buying with the intent to sell?