Airbnb in Myrtle beach

[Ryan Brooks]

Does anybody here own a small condo that is not coastal in Myrtle beach (mine is inter coastal water front)?

How well does the property do during the summer season? Do you stay booked consistently? Are there any headaches I should look out for? Are STRs worth it or should I go the long term route?

I’d love to be able to use it a couple times a year as well as be cashflowing decently.

Any information would be very helpful, thank you!
 

[Myrtle Mike Thompson]

@Ryan Brooks most of my experience is with oceanfront units, but I have a friend who owns a 2-bed condo in River Oaks (golf course community) and she did $30k gross last year.  Not sure if that helps or what size unit you had in mind.  I would personally be hesitant with 1-bed units away from the beach... not sure they would pull in enough revenue to be worth the trouble versus renting it long-term.  I would recommend reaching out to a couple of the bigger property management companies around town like Elliott.  They might have some decent data they could provide you based on the specific community that you're in.