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All Forum Posts by: Scott Huggins

Scott Huggins has started 28 posts and replied 90 times.

Post: Charleston, SC - property management

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Give me a call if you need help managing. I have managed numerous rentals and flip projects in past 18 years. I am a licensed Realtor and Broker. My contact info is on my profile. Have an amazing week😄 Scott H

Post: Investor and Owner of Management Company in Charleston, SC

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32

Welcome Roby,

If I can be of any assistance give me a shout.  Good job and good luck reaching your goal!

Have an amazing day!

Scott H

Post: Charleston Agent or PM

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32

Jason, give me a call I will be happy to do it for you.  My number is on my profile.

Have an amazing day!

Scott H

Post: Am I over improving?

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32

Like Russ and some of the other guys said.  First you need to decide if renting or selling because that dictates your rehab. Renting rehab is much cheaper than flipping rehab.  Speaking as s a Realtor you will not have a hard time selling it if you go that route and here are the numbers to prove that.  As of December for James Island you have houses sitting on the market for 52 days and it has been as low as 9 days at a certain point this past year.  Crazy right.  Supply of houses is 1.4 months which is the lowest it has been in the last 5 five years!!  So you can see what I mean.  To put it another way we have a housing shortage going on right now!  Buyers are lining up down the block and foaming at the mouth to purchase homes.  Throw out some cardboard boxes on the curb you may get multiple offers to buy em ;)  I CAN'T SAY THIS LOUD ENOUGH 2016 WILL BE A STELLAR YEAR TO SALE IF YOU ARE THINKING OF CASHING IN SOME INVENTORY GUYS!

Ok that is all the yelling I will do lol.  If selling go look at other houses in the neighborhood and see what they look like.  I would look at getting another granite estimate or a cheaper granite because if that is for just the kitchen it is crazy high.  I can give you tips on lowering it to about half that.  For popcorn ceilings check out a ceiling sander such as Porter Cable 7800 or one of the others on Amazon and do it yourself much cheaper.  Flooring I would look at the really thick high quality laminate planks (you can find on sale too for cheap) and most people will not be able to tell the difference between that and hardwood.  You can save money on HVAC too by buying online (I grew up in this business so know some tricks lol).  That is just few tips off the top of my head.  Your bathroom budget sounds a little high too but hard to say without knowing what is involved.

If renting fresh paint is your best friend of course.  Personally I am doing away with carpet in mine in the future and going with the tile and thicker laminate planks just not in areas prone to get wet.   I wouldn't do granite.  Trust me tenants will chip or crack it or take a jack hammer to it lol. Whole house tankless water heater is a no go if you can avoid it IMO (unless you like getting calls all the time because it doesn't get hot enough or water flow isn't enough).  Trust me I am dealing this one right now.  Ditch the ceiling fans too unless you don't mind fixing or replacing some after every tenant.  I can tell you a bunch of other tips too on renting if interested.  When renting time is money.  Less time you spend having to come fix stuff down the road the better off you will be in the wallet and also have more time to fish or hit the beach.  Good luck brother and let us know how it goes.  My number is in my profile if you need any help.

Have an amazing day!

Scott H

Post: Everyone shutting me down?

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Get new friends. You need to surround yourself with like minded people that are going to be a positive influence and help you achieve your dreams. This is something most people go through when trying to change their life and be successful. Yes, it is hard work for sure and that scares people lol

Post: Charleston market heading into a housing shortage for 2016

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Data from Charlston Trident association of realtors. Over the last year our median sales price is up 12% to $247,000. Our days on the market is down 37.2% to 27 days. Our months supply of homes is down 25.9% to less than 4 months. Scott H

Post: Charleston is getting a new Medical District!

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Originally posted by @John Semanchuk:

What's happening in Charleston's medical community really does hold an amazing amount of potential for the whole city and it's surrounding areas.   West Edge (formerly the Horizon Project) is the expanded medical research complex that I think Scott is referring to:

http://www.westedgecharleston.com/

The vision for this was in place 10 years ago but the economic downturn put the brakes on it as it did so many things.  Now the fire is rekindled and it looks like it's all on go once again.    One of the more exciting aspects of this is how it supports/augments Charleston's push to become an East Coast tech hub..."Silicon Harbor" in case you hadn't heard the term before.

We're lucky to live here!

 Yeah that's it John.  Thanks for the link.  When that project breaks ground look out downtown and the surrounding property values.  From what we are being told by Dr Cole, the MUSC president, and other admin it is a go.  

Post: Charleston is getting a new Medical District!

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Originally posted by @Ryan Koehler:

How do you think this will impact MUSC and its campus?

 Ryan

It is really just the tip of the iceberg.  They are also planning a large medical research complex that has been in the works for many years now, which is not talked about in the video.  It will be on par with Duke and some of the others.  This will make Charleston one of the top medical magnets in the nation for top level care and cutting edge medical research.  Of course that will trickle down and bring other industry and increase demand on housing etc.  It is a really exciting time for Charleston and investment.

Have an amazing day!

Scott H

Post: Charleston is getting a new Medical District!

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Originally posted by @Vernice Taylor:

Hi Scott I'm impressed with your success well I'm just trying to get started in the business and is looking for partners mentors relationship etc in the real estate investing business. People who can help me to get on the right track ,so I can even do my first deal I will definitely appreciate their generousity.

 Vernice

You can message or give me a call anytime and I will be glad to help any way I can.

Thanks and have an amazing day!

Scott H

Post: Charleston is getting a new Medical District!

Scott HugginsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 91
  • Votes 32
Originally posted by @Vernice Taylor:

Hi Scott I'm impressed with your success well I'm just trying to get started in the business and is looking for partners mentors relationship etc in the real estate investing business. People who can help me to get on the right track ,so I can even do my first deal I will definitely appreciate their generousity.