Retiring and Investing

Retiring and Investing

Wendell GodardPro Member
Contractor · Bellingham, WA · Member since 2014 · 9 posts · 8 votes

Greetings 

I am presently running a mid-size construction company in northwest Washington State and retiring at the end of 2025. We will be moving to Greenville, South Carolina where I intend to invest in BRRR's and fix & flips.

Looking to connect with investors in and around Greenville, SC. 

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Rental Property Investor · Myrtle Beach · Member since 2019 · 38 posts · 25 votes
1y

@Wendell Godard Just east of Greenville is Spartanburg, SC. I'd recommend also looking into this city and surroundings for BRRRR deals. Greenville has gotten to be quite a hotspot in recent years.

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  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 728 votes
    1y

    @Wendell Godard Given your construction background, do you plan to focus on medium to heavy rehab/value-add properties?

  • Rental Property Investor · Myrtle Beach · Member since 2019 · 38 posts · 25 votes
    1y

    @Wendell Godard Just east of Greenville is Spartanburg, SC. I'd recommend also looking into this city and surroundings for BRRRR deals. Greenville has gotten to be quite a hotspot in recent years.

  • Wendell GodardPro Member
    OP
    Contractor · Bellingham, WA · Member since 2014 · 9 posts · 8 votes
    1y

    Thanks Jared.  I've been looking at various properties in the Spartanburg area. Do you invest in Myrtle Beach or throughout SC?

  • Rental Property Investor · Myrtle Beach · Member since 2019 · 38 posts · 25 votes
    1y

    As of right now, I am just invested in Myrtle beach. I plan to expand to the upstate as well though. Spartanburg has a new hospital getting built, minor league ball field. Lots of possibilities in this area. 

  • Wendell GodardPro Member
    OP
    Contractor · Bellingham, WA · Member since 2014 · 9 posts · 8 votes
    1y

    As an investor in SC how do you approach the 6% assessment ratio for non-primary residences?  This more than doubles my property tax for my Greer rental adding about $4k per year.  Crazy but I guess it's the cost of investing in SC.

  • Rental Property Investor · Myrtle Beach · Member since 2019 · 38 posts · 25 votes
    1y

    Not much getting around the 6%, especially once your portfolio starts to grow. 

  • Lender · The Carolinas · Member since 2025 · 16 posts · 8 votes
    1y

    Hey @Wendell Godard I'm a direct lender local in the Upstate, SC. Would love to connect. 

  • Wendell GodardPro Member
    OP
    Contractor · Bellingham, WA · Member since 2014 · 9 posts · 8 votes
    1y

    Thanks for reaching out.  Looking to reloate later this year, early next year. Keeping my eye out for a rental or two that I may purchase prior to moving.  All depends on if I can make a trip out this fall.  Thanks again, I will reach out when time gets closer.

  • Real Estate Consultant · Greenville, SC · Member since 2015 · 45 posts · 35 votes
    1y
    That's a big move! Are there Grands involved??
    I am an agent in the UPstate who works mostly with investors. I also run a focus group where we vet opportunities. Just like anywhere, it's very important here to distinguish your market and use correct comps to buy. Location! Big plus to have contracting skills. My contractor clients are doing the best right now.
    • Lender · The Carolinas · Member since 2025 · 16 posts · 8 votes
      1y
      Quote from @Mona Lisa Harrison:
      That's a big move! Are there Grands involved??
      I am an agent in the UPstate who works mostly with investors. I also run a focus group where we vet opportunities. Just like anywhere, it's very important here to distinguish your market and use correct comps to buy. Location! Big plus to have contracting skills. My contractor clients are doing the best right now.

       Would like to connect! 

  • Member since 2025 · 1 post · 0 votes
    1y

    Indeed Grands are involved. 

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