Investor planning to move to South Carolina

Investor planning to move to South Carolina

Investor · Clover, SC · Member since 2008 · 5 posts · 1 vote

I am a New York State resident looking to move to York County SC in the next few months.  I have flipped one condo with a partner in the past, and have owned a single family home for rental in the past. 

Currently I am a partner on another single family rental home. 

I am interested in building a team and finding properties to rent of flip in SC.  I am interested in single family and multi family homes, eventually perhaps something larger.

I am a pilot, and consequently am on the road quite a bit, which has made it more difficult to get started.  My goal is to secure an income stream for retirement in 5 years.

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Investor · Bay Shore, NY · Member since 2014 · 1k+ posts · 688 votes
10y

@Gerald McBurney

Welcome to the vibrant BP community. You already have some experience. Below are quick links to quickly get engaged on this site.

It's fascinating to see that in spite of your busy schedules with take offs and landings, you still find the time to get involved with REI and most importantly take action.

I am sorry to see you leave my beloved state, New York but am sure you will make good networking connections in South Carolina.

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

See this reply in the discussion

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  • Investor · Bay Shore, NY · Member since 2014 · 1k+ posts · 688 votes
    10y

    @Gerald McBurney

    Welcome to the vibrant BP community. You already have some experience. Below are quick links to quickly get engaged on this site.

    It's fascinating to see that in spite of your busy schedules with take offs and landings, you still find the time to get involved with REI and most importantly take action.

    I am sorry to see you leave my beloved state, New York but am sure you will make good networking connections in South Carolina.

    Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

  • Contractor · Greenville, SC · Member since 2015 · 129 posts · 25 votes
    10y

    Hey @Gerald McBurney I am a real estate agent in the upstate of SC. Let's connect! And best of luck with the move!

  • Commercial Real Estate Broker · Asheville, NC · Member since 2016 · 4 posts · 1 vote
    10y

    @Gerald McBurney 

    Hi Gerald and welcome to BP. I am a CRE advisor w/ Sperry Van Ness. I work predominantly in multi family and mobile home parks. I typically work more in the Greenville/Spartanburg areas all the way north into Asheville, NC.

    I would be happy to chat with you sometime about that particular SC market. I am on the York MLS system and subsequent portals so I'm fairly privy to general market trends, etc. I'd also be glad to connect you with a quality multifamily specialist in that area should you desire to continue in that direction.

    The offer is there so please feel free to reach out anytime.  And enjoy the BP forum...great to have you join!  I have found it incredibly insightful and eye-opening in this ever-changing investment world.

  • Chapin, SC · Member since 2013 · 73 posts · 19 votes
    10y

    Welcome Gerald,

    Good advise above.  Seek BP members in that area for sure.  People who buy and sell regularly will know the market and the players.  Since you have some down time as a pilot make sure to set appointments to meet some of these folks and build your own team of pilots. Good Luck!

  • Rock Hill, SC · Member since 2015 · 1k+ posts · 597 votes
    10y
    Originally posted by @Gerald McBurney:

    I am a New York State resident looking to move to York County SC in the next few months.  I have flipped one condo with a partner in the past, and have owned a single family home for rental in the past. 

    Currently I am a partner on another single family rental home. 

    I am interested in building a team and finding properties to rent of flip in SC.  I am interested in single family and multi family homes, eventually perhaps something larger.

    I am a pilot, and consequently am on the road quite a bit, which has made it more difficult to get started.  My goal is to secure an income stream for retirement in 5 years.

     Gerald Quite a few of us Northern Folks here in York County. I left NY when I was 17 to go to school down in Myrtle Beach ( conveniently located ) My  parents left out almost 10 years ago. Taxes alone on their house in Port Jefferson long Island was almost 17k a year. My father ( retried wall street ) purchased there fist home in Lady's Island SC. Taxes were 1200 a year. That says it all. My aunt and uncle last remaining family members just left for California. So every one has left the north. I still miss ( white castle hamburgers and good dinner )

    A lot of opportunities in this area depending on your goals. A few good local REi meeting would also be a good place to jump in. I'm over here in Rock Hill. Love that we are still a small town 65k people but 20 minute below Charlotte NC. Hit me up in your are every in town.

    Alex

  • Real Estate Agent · Myrtle Beach, SC · Member since 2015 · 60 posts · 14 votes
    10y

    Hi Gerald,

    I'm in the Myrtle Beach area (Surfside Beach), let me know if I can be of any help in the Grand Strand. Between my girlfriend and I we have four rentals, three townhouses and an 8-unit apartment building. I'm also a Realtor, in Horry and Georgetown Counties. So if I can provide you with any market information I'll be happy to.

  • Property Manager · Brooklyn, NY · Member since 2015 · 537 posts · 56 votes
    10y

    Hi @Gerald McBurney, welcome to the BP community.

    You came to the right place. You can find all the information you need for any niche in real estate.

    Looking forward to your success!

  • Investor · Clover, SC · Member since 2008 · 5 posts · 1 vote
    10y

    Alex,

    I am looking to build a team. I have a realtor, possible contractor and a lawyer. Looking for property management company and finance sources. I would love to connect with a local REI group when I get down there. I was hoping BP would be my REI group until I move. Property management is the deterrent right now. If I can find a reliable one, I will start buying single and multi-family homes. Any experience with Muse property management?

  • Rock Hill, SC · Member since 2015 · 7 posts · 0 votes
    10y

    I have a rental through Muse Realty. I have had a good experience with them. They are good about screening tenets and are always helpful and respond quickly with any questions or concerns.

  • Investor · Clover, SC · Member since 2008 · 5 posts · 1 vote
    10y

    Helen,

      Thanks for the input.  Any recommendations for contractors?

    Gerry

  • Rock Hill, SC · Member since 2015 · 1k+ posts · 597 votes
    10y
    Originally posted by @Gerald McBurney:

    Alex,

    I am looking to build a team. I have a realtor, possible contractor and a lawyer. Looking for property management company and finance sources. I would love to connect with a local REI group when I get down there. I was hoping BP would be my REI group until I move. Property management is the deterrent right now. If I can find a reliable one, I will start buying single and multi-family homes. Any experience with Muse property management?

    Gerald Sorry missed this sending you a PM

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