Vacation rentals in Myrtle Beach area
Researching area and wondering if there is cash flow to be made or just break even situation to own a beach house. Is there a price point for condos or SFH that seems to work out for cash flow? Any areas better than others? Currently looking to south: Surfside and Garden City area. TIA
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@Glenn Cornell there are some cash properties on the market once in a while, but not many. I'm selling my SFR rental (not beach front) because the return is not that great. It gave me some appreciation over the years. If you go multi units, it will give you better cash flow.