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In this article, I will explain the differences between purchasing a short term condo versus purchasing a home. There are many factors that come into play and one isn't necessarily better than the other. It comes down to your expectations, amount you are willing to spend, and how involved you want to be with your property. If you want more information on short term rentals in general mostly condos due to their complexity, read my previous article "What to know before purchasing an investment property in Myrtle Beach." Feel free to comment and share!!

 

Short Term Rental Homes Vs Condos.

First, a short term rental is defined as a rental that is on a weekly or monthly basis, also known as a vacation rental (Anything 6 months or longer is usually a

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When looking to buy a home, most will find a home they like and then seek out a bank or lender.  You will typically be advised to speak with someone prior to looking for a home and get pre approved. That is what you will hear from realtors and lenders alike. A pre approval does not guarantee you will be able to buy a home. It is a quick peak at your current status and informs all parties that you have attempted to seek out financing. However, there is a better way to do it. Wouldn't you like to know that when you begin your search for a home you are not just pre approved but you are approved for a loan thru underwriting and once you find your home you can close in two weeks? How is that possible, you may ask. By partnering with Movement Mortgage that is

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Bad times fall on all of us at some time or another. It is during those times we have to make some tough decisions. When debt becomes overwhelming, many find themselves filing bankruptcy to help relieve some of that debt. For an individual there are two types of bankruptcy-chapter 7 and chapter 13. Chapter 7 is allowed when the bankruptcy court determines based on income and other factors the individual cannot pay back the unsecured debt such as credit cards. In Chapter 13, the court determines what the individual can pay over a 3-5 year period in monthly payments to repay the debt. Which type of bankruptcy is filed is determined by many factors so this should be discussed with an attorney who is familiar with this type of law. But what happens after

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I have quite a few young friends who are starting to look into making their first home purchase. It's not a surprise that they usually come to me and say, "So what do I do first?" Well I'm glad you asked because I'm about to list everything you need to know before purchasing your first property.There are many factors that come into play and many hidden costs that people usually don't think of when starting the home buying process. This article will explain most of them so that you are better prepared before moving forward. The steps begin after selecting an agent. But selecting the right agent is an entirely separate discussion and is as a very important step.  More to be posted soon about finding and working with the right agent!

 

STEPS TO

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I have a ton of clients that come to me looking to purchase investment properties in the Myrtle Beach area. A lot of them don't understand the rental industry in the Myrtle Beach area. Because of this, I felt it necessary to post our first blog article pointing out key items you need to know before you purchase an investment property in the area. Now, most of the items on this list are referring specifically to "short term" rental investment properties. These mostly consist of ocean front/view condos and homes. 

So to start off, let me explain why I'm focusing on short term rentals also known as vacation rentals and not long term investment properties. Most investors want one thing, a quick and large return on their investment. Being that a yearly

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