All Forum Posts by: Latoya Gordon

Interesting the Negatives and Positives...

Seem such a thin line, I assume it depends on how you take it or how you manage everything. I also awaiting the call to receive information and see how it goes. Still reading lots of material and building much network to start investing by this year fall.

Hope all goes well with everyone!

Welcome Eric, Hello Everyone... I recently just move to Myrtle Beach, also looking into investing. I'm looking into Vacation and Commercial properties. Bigger Pockets is much info and help here. Don't hesitate to reach out. Welcome again.

Thank you @Paul Timmins

Great information and will definitely do my searches. I'm putting in more time than last year into bigger pockets... I might soon become a plus/pro member to take full advantage of what I'm learning to do better with my new career in investments. Small steps are getting bigger. Reaching out to more people than before, since relocating to Myrtle Beach putting more time into me. ;-)

Thank you

Hi, Josh

Yeah that's the thing I'm just setting low numbers so I can be sure to rent out. Maybe its my confidence level in the process I don't want to get left with an empty unit over 2 days. I would love to rent each day/weekend but I know thats not possible in the beginning me being a newbie and all. Some hoa's are as high as $800 monthly, I just feel that is taken away from my pocket if I cannot make the fee's to pay.

Hello Same,

I actually just did a small search on google and came up with these... "Carolina hard money" and "Ground Floor". That's the thing before I even receive or look at my loan options I want to set property management company in place so I'm not loosing too much. I hear to make a real profit from vacation homes it should be rented at least minimum of 35 weeks of the year. So my focus is actually on the property management that can help me achieve that.   As far as paying them off my goal will be to pay em back in 2 years tops or less.

I need to purchase that no money down book, lol

Still lots to research but I'm sure the more I search the answer will come about. 

Hello Randy

I notice more south of the Beach towards surfside it gets cheaper like arpund 45k to 65k further north much higher. But I want to stay near the attractions near 501...

Haven't thought about looking on MLS for vacation homes...

My rental pricing not sure I was going to compare the rates in the area and the longer they stay the cheaper my rental. From $150 to $450 a night....

I'm seeking a 3bedroom or larger home for the vacation home.

Hell0o Everyone :-) Hope All Enjoyed your Holiday weekend*

I am new to investing and decided I want my 1st venture a Vacation Home in Myrtle Beach, SC. I seen many condo's for sale around $25K to 100K but those HOA fee's steer me away. So I was thinking just to buy a house, fix it up, and rent through out the year here in Myrtle Beach.

I would like any suggestions from BP as far how, when, where to begin this new task I'm giving myself for the summer. I have not yet got the funds, I was thinking to use hard money lenders for the purchase and rehab the property I choose. Then hire a property management company to keep it rented.

I'm sure there is more than just these simple steps which I think might take me awhile to fully understand, due to me doing this alone.

Latoya Gordon

**Any advice or suggestions, positive or negative is welcome :-)**

@Ben Rutkevitz Congratulations! I know the feeling of making the "Real"step into doing what you need to for full success, I felt this way doing my Art website and actually making my 1st sale. It wasn't much about the money but the final step of completed your true dream come true... Onward to more learning & success to you!

@Angel Rosado

 YES!Finally, lol thank you.. it doesn't work for some reason when I do it the normal way, So I have to put the ? in, either way, got it! :-)

I thought of that also though, I want to gain a business friendship on going not just a information hook up..?