STR Needed Near Goose Creek, SC

[Wendy Vaidic]

Hi BP!

My son has just begun his 2-year journey training as a Navy Nuke in Goose Creek SC.  I am considering buying a place we can rent out either on AirBnB or to other Navy families visiting their students when we are not visiting.   I'd like to keep the purchase around $150,000.00 for a condo or single-family home but would raise the budget for a good cash flowing multi-family.

1. Where would you recommend buying to get the best cash flow that is STR friendly? By the beach, Goose Creek, North Charleston or other?

2. Who is a local Real Estate agent that knows the ins and outs of STR in the area?

3. Are there any local taxes or laws that I should be aware of with STR?

4. Who are some good wholesalers in the area that might have a property available?

Thanks for any suggestions!

[John Underwood]

Originally posted by @Wendy Vaidic:

@John Underwood Thanks for the input!  Yes, we'd definitely want to be able to rent it post-graduation for the maximum profit.  I was thinking close to the base might be good for visiting Navy families & perhaps my son and some roommates could rent it during power school, but I guess close to the beach would be good for all families.  It looks like Charelston itself is way too expensive for us but the beach area might be in reach.  

The weapons Station is not a large base so the demand close to the base wouldn't be enough I don't think.