Rent is $1,725 with existing tenant, a little under market so scope to increase in future, especially if I do a cosmetic update. 

Hi  I just received my new STR tax bill (Horry County/Myrtle Beach, SC) and it increased 2.5X!  

Is this something I can dispute and get the 3 bedroom so I can increase the appraisal value?

Land value are increasing at a steady rate just as of yesterday 300 square meters of land in the surrounding area was sold at $3000. 

Diversifying involves buying multiple properties to reduce risk and increase rental income.

With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.

The location is prime—adjacent to a college that has experienced 37% population growth over the past five years.

The goal is to increase the property’s value significantly through strategic improvements.

It may be a good time to sell when the market is experiencing high demand, rents have stagnated or decreased, and your property has substantially increased in value compared to its initial purchase price.To decide if it’s the right time to sell, compare the increase in rental rates with the increase in property prices.

With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.