Myrtle Beach Investment Property

Have you thought about buying an investment property here in the Grand Strand?  Like a lot of buyers, you might have questions but are unsure about where to find the answers.  What's a realistic rate of return, how much rental revenue should I expect, what does it cost to hire a property manager...these are just a few that come up most often....

You may have heard a mixture of feedback about buying for investment purposes in Myrtle Beach.  It's true, many investors have lost money on their condos and beach houses.  That's very unfortunate when it happens.  We've developed a comprehensive list of things to consider before you make a purchase so that you don't find yourself in that scenario.

What's Your Investment Expectation?

Any investor should know ahead of time what they expect out of the property.  We typically find investment buyers with the following scenarios. 

1. Cash flow and net profit.  Simply put, an investor needs a certain percentage of return each year on their total investment.

2. Break Even Point.  Many investors that require financing are willing to do so if the revenue will cover the debt and expenses while they are paying off the property.  Once debt has been paid off, the property will then produce a net profit.

3. Net Operating Loss.

Failure to have an accurate projection of rental income and expenses is the