Ditch North Carolina Ocean front Condos for Myrtle Beach condos for BETTER ROI
Heads up -- South Carolina Myrtle Beach condos = More Profitable than NC oceanfronts
[myrtle beach condos at the bottom scroll]
I am in South Carolina now. Why? Because the number sucked in North Carolina for first and second row and 3rd Road ocean front homes and ocean view homes. 80% of my customers dropped out of the market and are on the sideline--especially when combined with the higher interest rates. So yes I'm based out of North Carolina working here all t time. I have listings active right now in Leland real estate and several homes under contract here in Leland and Wrightsville Beach but my heart is with oceanfronts and investors and you second home buyers. And now I can help you better because over here in South Carolina the numbers are much better for ROI and more affordable entry points in the market. Prices start at $125,000 for condos that are NOT falling into the water like Topsail Reef in North Topsail Beach.
Look at the new website .It is a stunning and a top level website. It may be the bestreal estate site in the whole SE NC region. Here's the South Carolina Pages or you can just do a search. And when you do a search you'll be pick if it's like South Carolina or North Carolina. So let me give you a couple of examples. This is Cherry Grove and you have some homes like this one this is 214 North 34th Avenue that's listed for $599,000. And guess what? It's on track to gross $80,000 this year. and guess what the management fee is? 10%!
I mean the money and the numbers are rolled over here this was in a whole thing it would be listed for tonight to some of these ocean front condos this is a one bedroom [sorry for gobbleyguck that was dictated and a mess ]. It's listed for 250 okay so for about 70 grand 30% down you can get in this little guy grosses $37,000 and it has a lazy rivers condos in Myrtle Beach and tiki bars and restaurants in them. These ocean front Beach condos are really fancy. and over here at $224,390.00 well this would cost 575 ,000 in Carolina beach. yeah this is this grossing $62,000 but it only cost $386,000 to get in okay? So the numbers are so good for investors in South Carolina I can help you now get a great investment property much easier right now. In North Carolina. we have to wait and wait for a unique opportunity or sort of a an opportunity that isn't as fun -- no lazy rivers -- and we're like okay with the interest rates come down to 5%, then it'll make more sense we just have to bite the bullet for 2 years. But in South Carolina immediately you have good return on investment so I look forward to I hope you win at real estate and share this video instead of talk to you soon.
Listing information last updated on September 24, 2023 at 10:00 PM EST.