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All Forum Posts by: Nicole Bishop

Nicole Bishop has started 1 posts and replied 4 times.

Buying & Selling Real Estate

Post: Offer any incite into vacation rental investment through a resort

Nicole BishopPosted
  • Goose Creek, SC
  • Posts 4
  • Votes 0

Chris and Mia,

Thanks for the insight based on your experiences, it really helped!

0 Votes
Buying & Selling Real Estate

Post: Offer any incite into vacation rental investment through a resort

Nicole BishopPosted
  • Goose Creek, SC
  • Posts 4
  • Votes 0

Jeffery,

This is my first type of investment in this area.  I would like to be involved and have some control to learn the ins and outs of this type of investment.  I guess I am just not sure if it is a good investment.

0 Votes
Buying & Selling Real Estate

Post: Offer any incite into vacation rental investment through a resort

Nicole BishopPosted
  • Goose Creek, SC
  • Posts 4
  • Votes 0

Caleb,

It would be a 70/30 split.

0 Votes
Buying & Selling Real Estate

Post: Offer any incite into vacation rental investment through a resort

Nicole BishopPosted
  • Goose Creek, SC
  • Posts 4
  • Votes 0

I am currently looking into stepping out and investing in a vacation rental in Myrtle Beach, SC but the townhouse is contracted through the Sands Resort.  What are the pros and cons of signing a rental agreement with a resort.  In reading their agreement, it seems you forfeit control of the unit but are fiscally liable for everything.  Any insight would be greatly appreciated.

0 Votes