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Updated about 2 years ago on . Most recent reply

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Matthew Veli
  • Rental Property Investor
  • Gettysburg, PA
2
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Realtor in Myrtle beach SC who knows Airbnb market

Matthew Veli
  • Rental Property Investor
  • Gettysburg, PA
Posted

Looking to long distance invest in an Airbnb property in the Myrtle beach SC area. Looking for realtor recommendations who have connections to management/cleaning teams.

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User Stats

2
Posts
2
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Matthew Veli
  • Rental Property Investor
  • Gettysburg, PA
2
Votes |
2
Posts
Matthew Veli
  • Rental Property Investor
  • Gettysburg, PA
Replied

@Alexander Knowles @Daniel Denning

I definitely would like to attempt to self manage the property. I have two single family homes I self manage now, in my town, with my business partner. We just started out and we’re looking for more here.

Honestly my life long dream is to own a beach property. First, I was just going to work long hours. Then, I decided to get into real estate to be able to afford one. It dawned on me recently that I really don’t even have to use the rentals I’m in now to pay for one. I could just buy one now and let short term rentals such as Airbnb pay it off for me! Since I’m looking for a place I want to keep my own one day I don’t need massive cash flow, as the property needs to suit my own wants long term.

I only know the area from vacationing there every year as a kid. I want a single family home with room to sleep multiple guests I can have one day. I stumbled on a home I like, but I just don’t feel comfortable with my knowledge of flooding and hurricane risks especially. Including costs associated with that.

I also don’t feel like I have a great grasp on the numbers I would be looking at with Airbnb, cleaning, etc.

Verification of the areas success and help with finding what/who I need to successfully self manage from further away would really help me pull the trigger to reach my actual dream. Thanks for commenting on my post!

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