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All Forum Posts by: Anna Buffkin

Anna Buffkin has started 34 posts and replied 316 times.

Post: New Investor in Upstate SC

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

Welcome, I live in Greenwood, but choose to buy in Columbia as a small landlord with 2 rental properties looking to grow.  

Post: Greenville, SC

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

Welcome! I am a small investor/ hobby investor in Greenwood though I invest Columbia. Good luck in you new endeavor!

Post: First Condo/ HOA property

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

Thanks phillip and Laura.  There maybe potential money to be made, but I agree it's no cash cow.  I plan to buy on an existing credit line which is another appealing feature- not having to go looking for financing.  I will add the applicable questions you suggested, Laura.  Thanks.

Post: First Condo/ HOA property

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

Thanks phillip and Laura.  There maybe potential money to be made, but I agree it's no cash cow.  I plan to buy on an existing credit line which is another appealing feature- not having to go looking for financing.  I will add the applicable questions you suggested, Laura.  Thanks.

Post: First Condo/ HOA property

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

i am looking at a condo on Friday in Columbia, SC. While I have rental property, this is the first condo I have considered purchasing. In addition, this is the first property I have considered with an HOA fee. I am looking at buying the condo for $20k with a rental history of $675 a month, but it has a $180 HOA. The cash flow works for me though. Does anyone have any HOA thoughts or horror stories I should consider? Also are there any differences between SFH rentals vs condos that I should consider?

Post: South Carolina property tax laws

Anna BuffkinPosted
  • Investor
  • Pawleys Island, SC
  • Posts 324
  • Votes 384

Keep in mind taxes vary by county. Come to Greenwood County and you will feel much better about Richland County.  I invest in Columbia, but was looking at renting out a house in the city of Greenwood, but  a house with $110k value with $3k in annual property taxes kills most deals. The same house in Richland County would have about $2k. I understand Myrtle Beach has outrageous property taxes too.