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All Forum Posts by: Meghan McGill

Meghan McGill has started 10 posts and replied 56 times.

Post: 2 deals closed in 30 days - SFH, LTR

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Tucker Cummings Thank you! 

@Anna Laud Thank you as well. I will keep that in mind for the Indy market. I've considered Ohio because I have connections there, but hadn't really looked into Indiana. I do technically have family there, but it isn't a place I visit like Ohio is. 

@Lynell Sonoda Thank you for your positive comments!

Post: 2 deals closed in 30 days - SFH, LTR

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Justin Melendez I would love to connect and hear more about your experience in Fayetteville. I have a great realtor there and we have definitely discussed this option. I will send you a message so we can talk more. Thank you for your kind words. I try hard to keep a positive attitude and trust that if I've done my homework, things usually work out in the end. If they don't, there is usually a reason for that as well. 

Post: Investors who started in late 30’s with multiple children

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Ciji Masser Congrats on getting started! I’m 40, I’m a single mom with 3 kids and became a grandma this year. I also bought my first 2 investment properties this year. It’s never too late to start. I used a cash out refi on my primary to help me get started.

I also paid off all of my debt, freeing up my DTI.

Post: Questions about Investing in STR - Charleston, SC

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Sarah Pursell thank you! I did read your profile after I commented and saw you are from the West coast. Welcome to Charleston! I’m glad you’ve found so much to love here. I guess I didn’t realize that the fight for James Island to be it’s own town, resulted in a compromise. lol

When I lived there it was still a constant fight.

I’m in Summerville now, but I have a good bit of family on the island.

Post: North Carolina vs South Carolina Rentals

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Nathan Barshinger I have 2 LTR properties in Fayetteville. I would say I have the core 3 in place with some connections for the fourth of needed. I’m happy to share their info with you. As mentioned by others, Fayetteville offers a military presence as well as great potential for cash flowing rentals. Appreciation won’t be as fast as other locations, but I think you’ll find that trade off anywhere. My agent specializes in working with investors. Feel free to send me a message if you’d like his info.

Post: 2 deals closed in 30 days - SFH, LTR

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Reginald Monroe thank you! I just want to give back as I’ve benefited so much from the forums and FB groups.

Post: Short Term Rental (1st Month)

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Nicholas Aja wow! That’s quite an experience. If I’m reading correctly, you no longer live on site? You ended up making it a while house listing?

I’d love to see the listing.

Have you determined what you will do differently going forward?

I’m confused about the 2 men. Are the Airbnb guests not allowed to have guests over?

Thanks four sharing your experiences. I currently have 2 LTR ms but plan to invest in a STR soon.

Post: Questions about Investing in STR - Charleston, SC

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Reid Matthews I would love to connect! Thanks for your response. Yeah, my HOA has a 1 year lease requirement. We had someone who was doing STR that we had to put a stop to. They probably could have gotten away with it if the police weren't getting called all the time. We are also part of the Town of Summerville which also has regulations on them. I would love to hear more about your properties. I will send you a message. Thanks!

Post: Questions about Investing in STR - Charleston, SC

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Sarah Pursell Isn’t JI part of the City of Charleston? I noticed on the map that only certain portions are included.

Also, I grew up on James Island. Are you from the area? I’d love to connect. I’ll send you a request.

Thanks for your insight.

Post: 2 deals closed in 30 days - SFH, LTR

Meghan McGillPosted
  • Accountant
  • Summerville, SC
  • Posts 57
  • Votes 67

@Matthew Crivelli thanks! I’ll keep that in mind.