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John Underwood
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#1 Short-Term & Vacation Rental Discussions Contributor
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  • Greer, SC
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Anyone renting STR's Downtown Greenville SC?

John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Posted Jan 21 2020, 08:14

Curious to know what others think about local restrictions and generally how they are doing with their STR in downtown Greenville, SC?

I have checked occupancy calendars and most are sparse still and I know that has to do with the time of year.

I am doing a 100k rehab on a house in the Augusta Road Area. This is a $250/ft sell price area.

So I might sell, STR, rent to someone that wants to do STR, 1031 exchange into a VR in Pigeon Forge, Cash out refi and buy VR in Pigeon forge and add to rental portfolio as rent as a high end rental long term. Many options

Although there are many STR's listed on VRBO/Airbnb, I wonder about the STR rental laws that are only enforced by complaints (for now anyway).

Don't want to spend 10k to furnish house and then get shut down.

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