Hello! I've been watching your channels & it's very informative. I learned a lot. Thank you! Keep it up👍 & keep us educated! Anyways, I'm still undecided whether to buy a condo or a single family for rental investment. I've been browsing through websites. My dream is to live by the ocean or near the beach when i retire🥰. I want to buy for investment for now then retire MB in the future (10 yrs from now) What's your advice?
@@joen899 So glad you are enjoying these videos here on this channel. My suggestion is to stop looking online. The best deals are not there. Pick up the phone call our office and let's set up some time to chat at 843-839-9870. WE are glad to share a ton of super helpful info with you. Talk soon!
In my opinion, house prices will continue down as people leave the state and prices correct due to market pressure. The problem with Florida is the property taxes increased based on the boom and the cost or inability to obtain homeowners insurance. Florida's in for a rough 5 years imo.
@@hokeywolf3416 that's the scary thing. Major structural repairs could soon be needed on these 40+ year old buildings built in the sand with all the salt in the air. For a 12+ story building, structural repairs could run in the $15 million to $25 million range...or maybe even higher. That's a $100K+ assessment per unit probably.
I was at the initial sale probably back in 2012-2013- somewhere around there...they had just been converted from hotel rooms to condos and were giving tours of all the units. You could have purchased for around $32K.
I use to live in that building for a year. It’s definitely not the nicest on the strip but a lot of units are privately owned and taken care of well like the unit I was in. I paid 1600 a month for a very similar unit!
@@rockerdad2 lots of options for snowbirds for cheap. I recommend calling the caravelle Myrtle beach, casagomb does a lot of snowbird rentals cheap at landmark, palace and plenty others. Sun & Sand resort on the southern end usually has good deals as well as the vacasa resorts (Patricia grande, ocean park resort, Camelot by the sea & others). A studio/ one bed room with a kitchen will run anywhere from 800-1200 a month. If your looking for any cheaper I know there’s some sketchy places for like 29 a night all over lol
Efficiency units are developer speak for micro apartments which are the size of dorm rooms. What we were looking at was not an example of an efficiency unit. Also, it's important to talk about HOA dues as they can be more than double your mortgage payment There are no bargains in real estate.
Thanks for watching and commenting. Your right! Some units do better than others, but there are a handful of resort complexes where the condo units are real income generators! :) Jerry Pinkas Real Estate Experts 843-839-9870 :)
Zillow does show some decent options around $150k. How do you assess the financial stability of the association? Getting hit with a $50k assessment for structural repairs or something could be a real shock to the budget. Coastal denizens I have met suggest renting so when a hurricane approaches you skate with your go bag and come back after the landlord makes all the fixes.
Zillow is a 3rd party site based out of Seattle, WA so of course it does not show all your options that are truly available. As far as your other questions there is no wat to type a response with as much helpful info as we can share. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Myrtle beach coast doesn’t get hit with much damage from hurricanes. Most of these larger resorts are structural sound and usually only smaller run down motels are damaged. Flooding is minimal and if your not on the ground floor you don’t need to worry about much.
I called the office # regarding this condo. You have to pay $94,000 cash, can't get loan on less than $100,000. Also building was built in 1977 before laws against lead based paint. Also located in undesirable area, not good rental unit for investment income.
Thanks for watching and commenting. You are right, this condo complex is considered condotel, and these types of properties have bank loan limitations. The unit has some rental income... but never said that this was the best-performing property or a high return on investment. This is THE least expensive condo on the beach in the USA! And that was the point of the video, "The Cheapest Place to live on the Beach in the US". Have you seen the other helpful videos here on this channel about buying vacation rentals: 1) Buying Vacation Rental Investments and Beach Condo Financing - ruclips.net/video/zCbxwr0gykw/видео.html 2) Cash Flow Positive Real Estate | Things To Look For & What To Avoid - ruclips.net/video/xpIzfDPl4LM/видео.html 3) Why Condo Investing Makes Money with Jerry Pinkas - ruclips.net/video/B0kd8UGzU3M/видео.html We look forward to one day helping you find your place at the beach.
It really is amazing that there is a place in the United States, where you can actually buy a place on the beach for under $100,000! Thanks for watching and commenting Sam.
Thank you for your kind words and support! We're glad to have you as a subscriber and we'll continue to bring you the best real estate advice out there.
It's more like a hotel room than a condo. No kitchen sink or space. Definitely an investment rental not something to live in full time. In my opinion.😉
You are correct. It's the least expensive beach property in the nation! There are many others that are better, in the next steps of price points, but Myrtle Beach offers some of the lowest prices for beach properties in the United States. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
I lived in one that size for a year in Florida. I had a full kitchen and large closet, so a tiny bit bigger. I would say, the downs here are the "condotel" environment, just tourists making tons of racket and crowding the beach and pool areas. When I did it, it was apartments only, no other rental, and before AirBnb or the internet even existed. So it was humble but luxurious too, and you could hear a pin drop most of the time. Old ladies would yell at me, if I walked out to the beach without a shirt on. Very different. And to sink $100k cash into something is very different, since you could make a huge down-payment on something very nice, and tough out a mortgage for as long as you can tolerate. Good to see there is stuff around that can be bought on a budget.
@@jeanettebennett2421 It's one of the cheapest beach properties in the nation.! Thi is a condotel, which is a condo that operates more like a hotel. Individuals own each unit, although the complex shares amenities like lobby registration and cleaning service. When owners are away from the property, they have the option to make income by renting their condo out for short-term vacation stays. It's one of the cheapest beach properties in the nation.! Thanks for watching
Thank you for watching, commenting and enjoying the videos here on this channel. I'm so glad to have you thinking ahead top your future! Just let us know when your ready, we have lots of super helpful info to share with you.
I want something that’s affordable on the West Coast of Florida near Fort Myers that’s walking distance to the beach that has a low HOA. Can you do a video on that?
What about the kitchen? I didn't see it? And just like "timeshare"--I bet those Homeowners Association Fees per month continually go up each year! I wonder where they started, when the building was completed?
Thanks for watching and commenting! So glad you are enjoying these videos. Keep working towards you goals and You will live on the beach one day! See you in the next video.
Wow I think that this is a great price for this property.I live in south carolina and I have never seen in h o a incorporate your flood and insurance in your hoa price. Down here in Beaufort County you are paying for that yourself. Now when you said it includes heat. That's interesting also period but it doesn't include air conditioning?
Used to be in Florida in the desired Miami N Metro after the 2008 Crash, you can land a 2BR condo w/ low HOA under $300 overlooking beach for under $100,000.
Yeah, just for curiosity I started looking about at HOA fees, and regime fees in Myrtle Beach And some of them are more than I’m paying for my Mortgage on my non-beach town house
Good Question! When looking at any HOA, just make sure you compare 'apples to apples and check what is actually included in those HOA fees'. (what your actual total expenses really are) For instance, does your non-beach townhouse INCLUDE: Homeowners insurance, contents, and renters insurance, flood insurance, cable TV, Internet and wifi, pool service, elevator tor service, groundskeeping, grass cutting, on-site manager, lawn irrigation, hot tubs, lazy rivers, exterior maintenance, etc. The view of a beach condo can be amazing too. Many times if you added up all these individual expenses, it would be many more times higher, if you bought these on your own compared to everything that is already included in that beach condo HOA fee. Ecxh building complex can be different so be sure you get all the details of what is or is not included. Thanks for watching and commenting.
We live in a house by the Jersey Shore no HOA. We have a small private beach very close an it’s clean . I will never live in a HOA. They can raise the fees to whatever amount they want and u have no say. And if anything needs repaired or maintained, guess what, u have to chip in and pay along with everyone else. Being right on the beach is not always great, hurricanes happen more often . Flooding is very real . We used to vacation to Myrtle beach . It got old fast. We stopped going, the water was just as nasty as here and the beach just as dirty. If I ever live by the beach it won’t be here, maybe in Hawaii or Virgin Islands . We’ve gone there as well and THAT is where u want to live . Just my opinion and experience.
If you want to downsize and live on the beach, this is the way to go. Most of these units are owned by investors and set up like motel rooms with two beds but they don’t have to be. Plenty of singles/couples/retirees have these set up as smaller year round homes.
Some of these people are being so judge mental. Talking about broken teeth and riff raft. All beaches have tourist if all kinds. The condo purchase would require at least a person that has good credit and some savings. As for the broken tooth maybe he chipped it and has not been able to get into a dentist to have it fixed or get a partial or implant for the tooth. Geez appreciated the info. I just want to retire affordably so I can actually have a roof over my head and still travel to other nice places and not have to stay put due to income limitations. Thanks for the video !
Thanks for watching. Glad you enjoyed this helpful video. Let my team know if we can answer any questions or help your with real estate. :) Have a great day!
ya daa of course on the east cost you can find places ware you are able to buy to live on the beach there for around 100k try to find a place on the west cost you can not find and buy a place round 100k at all this is ware the phrase comes from in the first place that you can not buy a place at the beach any more from the west cost not the east cost. i guss the only other place would be some places in florida but even there you can buy places on the beach there too and when i say on the west cost i am mostly taalking about California for it does take up most of the west cost any ways.
Hurricane and flooding risk is the biggest danger on east coast beach areas. What precautions can one take to avoid losing everything in hurricane prone areas?
@@Puddycat00 I think @maximusextreme3725 said it well: watch the weather and have good insurance. But I’ll add more: life is full of risks, but we all take precautions, everyday. National Highway Traffic Safety Administration tells us 42,795 people died in motor vehicle traffic crashes last year, but we still drive cars and think nothing of driving. The good news is we also know where hurricanes hit: top 10 hurricane states on record: 1. Florida: 120 hurricanes (37 were Category 3 through Category 5) 2. Texas 64 hurricanes (19 were Category 3 through Category 5) 3. North Carolina: 55 hurricanes (7 were Category 3 through Category 5) 4. Louisiana: 54 hurricanes (17 were Category 3 through Category 5) 5. South Carolina: 30 hurricanes (5 were Category 3 through Category 5) 6. Alabama 24 hurricanes (5 were Category 3 through Category 5) 7. Georgia 22 hurricanes (3 were Category 3 through Category 5) 8. Mississippi 19 hurricanes (8 were Category 3 through Category 5) 9. New York: 15 hurricanes (3 were Category 3 through Category 5) 10. Massachusetts 12 hurricanes (1 was a Category 3) Yet people still live in those states. And you have days notice to evacuate and a storm strength rating before it hits, so you can leave town. Many have storm shutters, or have built to hurricane force winds. But nothing is guaranteed. Some people do not risk getting in a car for fear of a crash, and don’t experience the rest of the world. It’s all about choices. Choosing to stay out of a flood zone, buying a better construction property and even choosing the right state, right location and being informed to the smartest options. I know you say he didn’t answer…but the truth is…There is no easy or right answers. Hope this helps you though.
In South Carolina you will enjoy an average effective tax rate of just 0.57%, the Fifth-Lowest property tax rate in the United States. Whether you intend to live year-round or just visit, you will almost certainly save on your annual tax bill. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Can you tell me if the crime in that particular area where that condo is, the same three times higher violent crime rate for Myrtle Beach than the rest of the country according to online demographics and crime rates?
Thanks for watching and commenting. As they say you do get what you pay for and in this case it is THE least expensive beachfront property in the nation! There are many other solid choices for just a little more...if you are interested. Just give us a call at 843-839-9870 and we can email you the details on some of the others as well.
We don't have any videos about that community...but I do have one of my agents who lives in Deerfield and can give you a ton of helpful info. Give our office a call at 843-839-9870 and lets set up some time to chat.
Don’t forget to mention, flood insurance, property taxes fir the NEW owner, assessment costs bc the condos are corrupted by salt water, hoa fees, and let’s not fir Get the price of milk!!!! Let’s be transparent. What year is this building? What are HOA fees?
I DON'T TRUST nor do I WANT any property owned by an HOA. One year from now they will probably double the fees. Hell w/ that. And Myrtle Beach is in hurricane paths besides.
Beware!!! This place is a dump!!! Roaches everywhere the building should be condemned!!! It’s a whole compound of buildings. Some are 3:54 abandoned, and the indoor pool was broken!!! We stayed for 5 days and had to mop and clean everyday to keep the moldy smell out our room. Looks like a homeless shelter 😞😞😞😞
We can email you the detail sheet with all the numbers, including past rental history over the years as well. Just give our office a call at 843-839-9870. We can give you a bunch more info you'll want to know. Talk soon!
Is Myrtle Beach a safe place to live, the county in Myrtle Beach is as bad as Chicago for crime. I visited Myrtle Beach about four years and I attended a council of preachers at the library that has different people talking about crime and homicides in the county of that area.
Some of that will depend on specifically where and when you go, right? There's going to be livelier/rougher areas, and then there'll be less busy areas as well. I was born and raised in Joliet (pre-2000's). I've lived in SC now for the majority of my adult life. I've gone to conferences a couple times a year in Myrtle Beach for over 10 years now. One is in the summer, and the other is in the fall when it's not as busy. If you're going down on the main strip at night during a summer week when it's mostly young people, then yeah, it's going to be a lot crazier, If you're going to a grocery store or Walmart, you'll probably not think of it any differently except there's a lot more people in beachwear. Back in 2020, I was saving to buy a beachfront condo with the intentions to rent all year, and when I retire, use it to live in a few months of the year. I had to change those plans temporarily back in 202, but hopefully I'll be back on track for the plan in a year or two.
it only appears bad because of the 20 million visitors every summer and the crime that unfortunately comes with these large numbers. It looks worse than it is because Myrtle Beach city only has like 25,000 residents. When you take those numbers, crime looks bad for the population size. A great area to live is just outside the Myrtle Beach limits in places like Carolina Forest or Forrestbrook. Good schools and relatively low crime. I came here from VA about 15 yrs ago and wouldn't change a thing.
No, this particular property does not allow pets but we do have other condos that are pet friendly. Feel free to give our office a call at 843-839-9870 and we can send you some listings to take a look at. Talk soon.
Oh wow! Where else can you go in the United States at the beach for so little money? Of course you can buy 1,2or 3 bedroom condo directly on the beach in some other building for more if you are conversing with small windows and a better ocean view. Thanks for watching
It’s definitely a good deal! It’s not the best but for 100k and a low hoa this is a steal! I lived in the area and this isn’t the hot spot for rentals but it’s still nice and close to the hot spots
Thanks for watching. Pets are not allowed in this resort. We do have condos where pets are allowed though! We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
oh i see now thats jsut a stodio apartment or codo that you are showing will that sucked even at 100k. i know there are places you can at lest buy a 1 bedroom for the much on the beach thats not a stodio now if you ware talking about a place in japan then thats diffrent but its in the usa so it sucks to buy a stodio for that much.
The details on that and what is included for the monthly fee is in this video. If you would like additional info, just give us a call at 843-839-9870. Thanks for watching
In that condo for $94 k the bedroom is in the living room area. Almost $500.00 monthly in fees is pretty much up there. Also, what about hurricanes coming thru ? Has Myrtle Beach ever been pounded and damaged by hurricanes. Are these condos built to withstand hurricanes. Are the built better than the "collapsible" condos that self imploded due to builders cutting corners ????.😕😕😕😕😕😕🙃🙃🙃🙃
This IS the CHEAPEST Condo On The Beach in the United States! It's not the taj mahal but it is a cheap place at the beach! It is what is! This unit does Not have a living room, and as the pictures show, it is a small efficiency-style condo. But realize what IS included: Cable TV, high-speed Internet, electric, water, fire insurance, flood insurance, pools, security, exterior groundskeeping, and more. If you owned a house, and added all those expenses together, the combination of all that would be A LOT more than the HOA fees...and it's on the beach! Yes, there are hurricanes in Myrtle Beach but here are the actual stats for the worst states and their numbers: 10 U.S. States Where Hurricanes Hit Most Often: 1. Florida: 120 hurricanes (37 were Category 3 through Category 5) 2. Texas 64 hurricanes (19 were Category 3 through Category 5) 3. North Carolina: 55 hurricanes (7 were Category 3 through Category 5) 4. Louisiana: 54 hurricanes (17 were Category 3 through Category 5) 5. South Carolina: 30 hurricanes (5 were Category 3 through Category 5) 6. Alabama 24 hurricanes (5 were Category 3 through Category 5) 7. Georgia 22 hurricanes (3 were Category 3 through Category 5) 8. Mississippi 19 hurricanes (8 were Category 3 through Category 5) 9. New York: 15 hurricanes (3 were Category 3 through Category 5) 10. Massachusetts 12 hurricanes (1 was a Category 3) We also have other condos on the beach that are more expensive and have more features and are larger for more money. Thanks for watching and commenting, I truly ap[precate you taking the time. If you have questions give our office a call at 843-839-9870
$500 is low considering it includes the electric, water, sewer, cable tv, building insurance, pools, elevators, etc. The only real risk is potential structural issues at some point on 40+ year old buildings and the salty air. A building collapsed years back in FL killing almost 100. Also, one of the towers in Myrtle Beach was recently deemed unsafe and residents had to leave for 3 months while repairs were made. These types of structural repairs, I've read from like places in FL, can run into the 10's of millions depending on what needs to be done. One condo association in FL just sent out special assessments over $100K for these kinds of needed repairs. Don't think that can't happen here.
Unfortunately that so called "resort" that the company calls it is a "shit-hole." I stated their a few yes ago and it was disgusting. Even the area location is bad. Not the kind of place u wanta walk around at night.
Funny,...so, sounds like you know of a cheaper place located in the United States that's on the beach? Of course there are bigger and more luxurious condos here in Myrtle Beach SC, but there do get a little price than this one. Thanks for watching.
@Jerry Pinkas I don't I'm just saying what I think it's the case, looks like it was a hotel at one point, you've been there long, correct me if I'm wrong.
Can you give me the address that Charles have this place for sale? I called the number and the lady needed the address and. I can't find it on the videos
Oh wow! LOL...Yes, I have been there many times, and know this resort and just about every single report like the back of my hand for the 65 miles of South Carolina Grand Strand... thank you!
🟢Ready to Buy a House & You Don't Know Where to Start? Start Here! - www.HomeGuideMyrtleBeach.com
Hello! I've been watching your channels & it's very informative. I learned a lot. Thank you! Keep it up👍 & keep us educated! Anyways, I'm still undecided whether to buy a condo or a single family for rental investment. I've been browsing through websites. My dream is to live by the ocean or near the beach when i retire🥰. I want to buy for investment for now then retire MB in the future (10 yrs from now) What's your advice?
@@joen899 So glad you are enjoying these videos here on this channel. My suggestion is to stop looking online. The best deals are not there. Pick up the phone call our office and let's set up some time to chat at 843-839-9870. WE are glad to share a ton of super helpful info with you. Talk soon!
I'm looking for a home with a yard even if it's 30 min away better anyway I don't like haricain
In my opinion, house prices will continue down as people leave the state and prices correct due to market pressure. The problem with Florida is the property taxes increased based on the boom and the cost or inability to obtain homeowners insurance. Florida's in for a rough 5 years imo.
Unfortunately that $482.00 a month might be $1000 a month in 5 years, you literally can never trust any HOA's ever!
Thanks for watching and commenting
Or a $120k assessment
After 1 year since this video was posted the new HOA is $530
@@davidframe1613 lucky. Mine went up BY $750mo
@@hokeywolf3416 that's the scary thing. Major structural repairs could soon be needed on these 40+ year old buildings built in the sand with all the salt in the air. For a 12+ story building, structural repairs could run in the $15 million to $25 million range...or maybe even higher. That's a $100K+ assessment per unit probably.
I was at the initial sale probably back in 2012-2013- somewhere around there...they had just been converted from hotel rooms to condos and were giving tours of all the units. You could have purchased for around $32K.
I use to live in that building for a year. It’s definitely not the nicest on the strip but a lot of units are privately owned and taken care of well like the unit I was in. I paid 1600 a month for a very similar unit!
Thanks for sharing your story
Where can I snow bird for cheap ? say couple months over the nasty winters? Anyplace you might recommend? for a good price for seniors. ?
@@rockerdad2 lots of options for snowbirds for cheap. I recommend calling the caravelle Myrtle beach, casagomb does a lot of snowbird rentals cheap at landmark, palace and plenty others. Sun & Sand resort on the southern end usually has good deals as well as the vacasa resorts (Patricia grande, ocean park resort, Camelot by the sea & others). A studio/ one bed room with a kitchen will run anywhere from 800-1200 a month. If your looking for any cheaper I know there’s some sketchy places for like 29 a night all over lol
What is the name of that building?
What’s the name of that building or resort??
Efficiency units are developer speak for micro apartments which are the size of dorm rooms. What we were looking at was not an example of an efficiency unit. Also, it's important to talk about HOA dues as they can be more than double your mortgage payment There are no bargains in real estate.
Thanks for watching
I highly recommend buying one of these units! They are great money makers and they are great for vacations and retirement.
Thanks for watching and commenting. Your right! Some units do better than others, but there are a handful of resort complexes where the condo units are real income generators! :) Jerry Pinkas Real Estate Experts 843-839-9870 :)
you're@@JerryPinkas
Zillow does show some decent options around $150k. How do you assess the financial stability of the association? Getting hit with a $50k assessment for structural repairs or something could be a real shock to the budget. Coastal denizens I have met suggest renting so when a hurricane approaches you skate with your go bag and come back after the landlord makes all the fixes.
Zillow is a 3rd party site based out of Seattle, WA so of course it does not show all your options that are truly available. As far as your other questions there is no wat to type a response with as much helpful info as we can share. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Myrtle beach coast doesn’t get hit with much damage from hurricanes. Most of these larger resorts are structural sound and usually only smaller run down motels are damaged. Flooding is minimal and if your not on the ground floor you don’t need to worry about much.
I called the office # regarding this condo. You have to pay $94,000 cash, can't get loan on less than $100,000. Also building was built in 1977 before laws against lead based paint. Also located in undesirable area, not good rental unit for investment income.
Thanks for watching and commenting. You are right, this condo complex is considered condotel, and these types of properties have bank loan limitations. The unit has some rental income... but never said that this was the best-performing property or a high return on investment. This is THE least expensive condo on the beach in the USA! And that was the point of the video, "The Cheapest Place to live on the Beach in the US". Have you seen the other helpful videos here on this channel about buying vacation rentals:
1) Buying Vacation Rental Investments and Beach Condo Financing - ruclips.net/video/zCbxwr0gykw/видео.html
2) Cash Flow Positive Real Estate | Things To Look For & What To Avoid - ruclips.net/video/xpIzfDPl4LM/видео.html
3) Why Condo Investing Makes Money with Jerry Pinkas - ruclips.net/video/B0kd8UGzU3M/видео.html
We look forward to one day helping you find your place at the beach.
We stayed at the Sea Mist several times over the years on our yearly golf trips. Fun times
Jerry, It is amazing what you can get in the Myrtle Beach area for such a great price and value - Sam
It really is amazing that there is a place in the United States, where you can actually buy a place on the beach for under $100,000! Thanks for watching and commenting Sam.
Great info as always Thank Jerry Keep up the good vlogs
Thank you for your kind words and support! We're glad to have you as a subscriber and we'll continue to bring you the best real estate advice out there.
It's more like a hotel room than a condo. No kitchen sink or space. Definitely an investment rental not something to live in full time. In my opinion.😉
You are correct. It's the least expensive beach property in the nation! There are many others that are better, in the next steps of price points, but Myrtle Beach offers some of the lowest prices for beach properties in the United States. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
I lived in one that size for a year in Florida. I had a full kitchen and large closet, so a tiny bit bigger. I would say, the downs here are the "condotel" environment, just tourists making tons of racket and crowding the beach and pool areas. When I did it, it was apartments only, no other rental, and before AirBnb or the internet even existed. So it was humble but luxurious too, and you could hear a pin drop most of the time. Old ladies would yell at me, if I walked out to the beach without a shirt on. Very different. And to sink $100k cash into something is very different, since you could make a huge down-payment on something very nice, and tough out a mortgage for as long as you can tolerate. Good to see there is stuff around that can be bought on a budget.
That is a hotel
@@jeanettebennett2421 It's one of the cheapest beach properties in the nation.! Thi is a condotel, which is a condo that operates more like a hotel. Individuals own each unit, although the complex shares amenities like lobby registration and cleaning service. When owners are away from the property, they have the option to make income by renting their condo out for short-term vacation stays. It's one of the cheapest beach properties in the nation.! Thanks for watching
@@BrisLS1 Thanks for watching and sharing
Very smart home,with ocean view I buy one soon,keep it up bro
I was there in MB a few Buildings from this one.
Upon being on the beach you want an Ocean View of the said beach.
Thanks for watching and commenting
Awesome stuff. I'm a couple of years away from grabbing something like this, but it is on my mind. Just would have to cash flow.
Thank you for watching, commenting and enjoying the videos here on this channel. I'm so glad to have you thinking ahead top your future! Just let us know when your ready, we have lots of super helpful info to share with you.
Scott (Hamilton) glad to see you doing so well after your olympic skating career.
LOL, Thanks for watching.
I want something that’s affordable on the West Coast of Florida near Fort Myers that’s walking distance to the beach that has a low HOA. Can you do a video on that?
What about the kitchen? I didn't see it? And just like "timeshare"--I bet those Homeowners Association Fees per month continually go up each year! I wonder where they started, when the building was completed?
thank you! I'm making a change! i want this life!
Thanks for watching and commenting! So glad you are enjoying these videos. Keep working towards you goals and You will live on the beach one day! See you in the next video.
The condos are affordable it is the hoa fees which are more expense than your mortgage payment
Wow I think that this is a great price for this property.I live in south carolina and I have never seen in h o a incorporate your flood and insurance in your hoa price. Down here in Beaufort County you are paying for that yourself. Now when you said it includes heat. That's interesting also period but it doesn't include air conditioning?
Yes, air conditioning as well. :) lad you enjoyed this helpful video. Thanks for watching and commenting
Used to be in Florida in the desired Miami N Metro after the 2008 Crash, you can land a 2BR condo w/ low HOA under $300 overlooking beach for under $100,000.
looks nice not sure about buying. How much per month one year lease?
Kinda like motel 6 on the beach !
Maybe! But it is the cheapest place on the beach in The United States! Thanks for watching and commenting
Yeah, just for curiosity I started looking about at HOA fees, and regime fees in Myrtle Beach And some of them are more than I’m paying for my Mortgage on my non-beach town house
Good Question! When looking at any HOA, just make sure you compare 'apples to apples and check what is actually included in those HOA fees'. (what your actual total expenses really are) For instance, does your non-beach townhouse INCLUDE: Homeowners insurance, contents, and renters insurance, flood insurance, cable TV, Internet and wifi, pool service, elevator tor service, groundskeeping, grass cutting, on-site manager, lawn irrigation, hot tubs, lazy rivers, exterior maintenance, etc. The view of a beach condo can be amazing too. Many times if you added up all these individual expenses, it would be many more times higher, if you bought these on your own compared to everything that is already included in that beach condo HOA fee. Ecxh building complex can be different so be sure you get all the details of what is or is not included. Thanks for watching and commenting.
We live in a house by the Jersey Shore no HOA. We have a small private beach very close an it’s clean . I will never live in a HOA. They can raise the fees to whatever amount they want and u have no say. And if anything needs repaired or maintained, guess what, u have to chip in and pay along with everyone else. Being right on the beach is not always great, hurricanes happen more often . Flooding is very real . We used to vacation to Myrtle beach . It got old fast. We stopped going, the water was just as nasty as here and the beach just as dirty. If I ever live by the beach it won’t be here, maybe in Hawaii or Virgin Islands . We’ve gone there as well and THAT is where u want to live . Just my opinion and experience.
I live on the beach in Waianae, Hawaii for $750 a month at Makaha Surfside.
"Sorry, honey, I know you're on the toilet but I need to wash the dishes."
Lol. But it is the cheapest condo on the beach in the United States.
If you want to downsize and live on the beach, this is the way to go. Most of these units are owned by investors and set up like motel rooms with two beds but they don’t have to be. Plenty of singles/couples/retirees have these set up as smaller year round homes.
Thanks for scaring me away from Florida!
Lol, Thanks for watching
Some of these people are being so judge mental. Talking about broken teeth and riff raft. All beaches have tourist if all kinds. The condo purchase would require at least a person that has good credit and some savings. As for the broken tooth maybe he chipped it and has not been able to get into a dentist to have it fixed or get a partial or implant for the tooth. Geez appreciated the info. I just want to retire affordably so I can actually have a roof over my head and still travel to other nice places and not have to stay put due to income limitations. Thanks for the video !
Thanks for watching. Glad you enjoyed this helpful video. Let my team know if we can answer any questions or help your with real estate. :) Have a great day!
ya daa of course on the east cost you can find places ware you are able to buy to live on the beach there for around 100k try to find a place on the west cost you can not find and buy a place round 100k at all this is ware the phrase comes from in the first place that you can not buy a place at the beach any more from the west cost not the east cost. i guss the only other place would be some places in florida but even there you can buy places on the beach there too and when i say on the west cost i am mostly taalking about California for it does take up most of the west cost any ways.
Thanks for watching
Hurricane and flooding risk is the biggest danger on east coast beach areas. What precautions can one take to avoid losing everything in hurricane prone areas?
Watch the weather and have good insurance. If you're that worried about hurricanes, you probably shouldn't consider living full time in that area.
100% truth! Thanks for sharing your story
Thanks for watching.
He still didn’t answer her question
@@Puddycat00 I think @maximusextreme3725 said it well: watch the weather and have good insurance. But I’ll add more: life is full of risks, but we all take precautions, everyday. National Highway Traffic Safety Administration tells us 42,795 people died in motor vehicle traffic crashes last year, but we still drive cars and think nothing of driving. The good news is we also know where hurricanes hit: top 10 hurricane states on record:
1. Florida: 120 hurricanes (37 were Category 3 through Category 5)
2. Texas 64 hurricanes (19 were Category 3 through Category 5)
3. North Carolina: 55 hurricanes (7 were Category 3 through Category 5)
4. Louisiana: 54 hurricanes (17 were Category 3 through Category 5)
5. South Carolina: 30 hurricanes (5 were Category 3 through Category 5)
6. Alabama 24 hurricanes (5 were Category 3 through Category 5)
7. Georgia 22 hurricanes (3 were Category 3 through Category 5)
8. Mississippi 19 hurricanes (8 were Category 3 through Category 5)
9. New York: 15 hurricanes (3 were Category 3 through Category 5)
10. Massachusetts 12 hurricanes (1 was a Category 3)
Yet people still live in those states. And you have days notice to evacuate and a storm strength rating before it hits, so you can leave town.
Many have storm shutters, or have built to hurricane force winds. But nothing is guaranteed. Some people do not risk getting in a car for fear of a crash, and don’t experience the rest of the world. It’s all about choices. Choosing to stay out of a flood zone, buying a better construction property and even choosing the right state, right location and being informed to the smartest options. I know you say he didn’t answer…but the truth is…There is no easy or right answers. Hope this helps you though.
This video and its comments are fascinating. Is the rental income pre-HOA fees?
Yes, income stated in this video is pre-HOA fees and taxes. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870.
Thank you for video! How much are property taxes on Myrtle Beach?
In South Carolina you will enjoy an average effective tax rate of just 0.57%, the Fifth-Lowest property tax rate in the United States. Whether you intend to live year-round or just visit, you will almost certainly save on your annual tax bill. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Can you tell me if the crime in that particular area where that condo is, the same three times higher violent crime rate for Myrtle Beach than the rest of the country according to online demographics and crime rates?
Jerry do you have thoughts on Satellite Beach Florida ?
Is this property available? is there an association fee? Or other expense than what you stated on line?
We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Not a bad ocean view for under $100K. Review of the resort is not that great. A lot of 1 star reviews.
Thanks for watching and commenting. As they say you do get what you pay for and in this case it is THE least expensive beachfront property in the nation! There are many other solid choices for just a little more...if you are interested. Just give us a call at 843-839-9870 and we can email you the details on some of the others as well.
Myrtle Beach has some of the highest HOA's in the Country. I'm not shelling out $1,500 a month for a motel room that costs $90,000...
I would live to have a vacation rental on the beach. Especially lower cost of ownership
We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Love the guy missing a tooth. You too can own a piece of hillbilly heaven!
But, it’s not directly on the beach like you say. Come on.
In his defense, he had to make a choice, live on the beach or have dental work done. He made the right choice imo
OMG, I thought this was a random joke until I got to the end of the video. Crazy funny.......
Fantastic Video
Thank you very much! Glad you enjoyed this helpful video.
When those units rent some times ( rent )is a 60/40 split
Myrtle Beach is nice in the winter
Very cute!
Do you have any videos or thoughts on the Deerfield community
condos in Surfside? Thanks
We don't have any videos about that community...but I do have one of my agents who lives in Deerfield and can give you a ton of helpful info. Give our office a call at 843-839-9870 and lets set up some time to chat.
Don’t forget to mention, flood insurance, property taxes fir the NEW owner, assessment costs bc the condos are corrupted by salt water, hoa fees, and let’s not fir
Get the price of milk!!!! Let’s be transparent. What year is this building? What are HOA fees?
Jerry I'm always interested in buying a condo on beach, one bed room, would be great I all ready own in Dania beach
Do they do rent to own?
Very nice I will call you when ready
Thanks for watching and commenting. We are here to help you avoid the pitfalls that are costly. Just let us know when you are ready at 843-839-9870.
I DON'T TRUST nor do I WANT any property owned by an HOA. One year from now they will probably double the fees. Hell w/ that. And Myrtle Beach is in hurricane paths besides.
To good to be true.
Lol, If you would like to make an offer on this property we DO have one available! 843-839-9870
As many showers as you want!?!? Where do I sign!!?
can deal with the condo fees assessment fees... great buy but no deal
Thanks for watching and commenting.
Jerry I would love to talk to you about nurture beach property on beach
Beware!!! This place is a dump!!! Roaches everywhere the building should be condemned!!! It’s a whole compound of buildings. Some are 3:54 abandoned, and the indoor pool was broken!!! We stayed for 5 days and had to mop and clean everyday to keep the moldy smell out our room. Looks like a homeless shelter 😞😞😞😞
What does the mgt program charge... what is the net on the $17K GRI
We can email you the detail sheet with all the numbers, including past rental history over the years as well. Just give our office a call at 843-839-9870. We can give you a bunch more info you'll want to know. Talk soon!
482. A month is way out of bounds for seniors
Is Myrtle Beach a safe place to live, the county in Myrtle Beach is as bad as Chicago for crime. I visited Myrtle Beach about four years and I attended a council of preachers at the library that has different people talking about crime and homicides in the county of that area.
I did a video about that, did you see it? Is Myrtle Beach Safe? - Myrtle Beach Crime - ruclips.net/video/yjyrnu2uYxQ/видео.html
Some of that will depend on specifically where and when you go, right? There's going to be livelier/rougher areas, and then there'll be less busy areas as well. I was born and raised in Joliet (pre-2000's). I've lived in SC now for the majority of my adult life. I've gone to conferences a couple times a year in Myrtle Beach for over 10 years now. One is in the summer, and the other is in the fall when it's not as busy. If you're going down on the main strip at night during a summer week when it's mostly young people, then yeah, it's going to be a lot crazier, If you're going to a grocery store or Walmart, you'll probably not think of it any differently except there's a lot more people in beachwear.
Back in 2020, I was saving to buy a beachfront condo with the intentions to rent all year, and when I retire, use it to live in a few months of the year. I had to change those plans temporarily back in 202, but hopefully I'll be back on track for the plan in a year or two.
it only appears bad because of the 20 million visitors every summer and the crime that unfortunately comes with these large numbers. It looks worse than it is because Myrtle Beach city only has like 25,000 residents. When you take those numbers, crime looks bad for the population size. A great area to live is just outside the Myrtle Beach limits in places like Carolina Forest or Forrestbrook. Good schools and relatively low crime. I came here from VA about 15 yrs ago and wouldn't change a thing.
Pretty expensive for what amounts to a hotel room with a nearly $500 a month HOA.
Where do I sign up to live there
Great
Glad you enjoyed this helpful video
Can I ask where do u live? What State I mean , and are u on the beach too?
I live in Myrtle Beach, South Carolina
Is the indoor pool heated?
Yes the indoor pool is heated! :) Give us a call at 843-839-9870 and we can email you the full detail sheet
Does the property allow pets?
No, this particular property does not allow pets but we do have other condos that are pet friendly. Feel free to give our office a call at 843-839-9870 and we can send you some listings to take a look at. Talk soon.
So 408 a month for HOA plus the price of the condo?
Correct! Where else in the United States can you be at the beach for this much money? Thanks for watching.
For $94,000 you get those small windows on the back side as your picture window. No Ocean view.
Oh wow! Where else can you go in the United States at the beach for so little money? Of course you can buy 1,2or 3 bedroom condo directly on the beach in some other building for more if you are conversing with small windows and a better ocean view. Thanks for watching
It’s definitely a good deal! It’s not the best but for 100k and a low hoa this is a steal! I lived in the area and this isn’t the hot spot for rentals but it’s still nice and close to the hot spots
@@dancingwithtiktokyt Thanks for watching and sharing your story.
and how much is the HOA ? those beach condos are like 900 usd a month or something.
You obviously didn't watch the entire video.
It’s in the video. Home owners association fees are $482 month, in the video I give complete breakdown.
HOA could change their fees anytime they want. H.O.As can't be trusted. They are a greedy bunch
What are the property taxes?
Give the office a call 843-839-9870 and we can send you the detail sheet.
With 1k $ HOA fee?
No mention of parking, if only to say it's outdoors.
We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
HOA fees and renters can drive you crazy. Buyer beware.
Yah, how much is the HOA, $700 a month?
does this place allow pets?
Very nice ,are pets allowed
Thanks for watching. Pets are not allowed in this resort. We do have condos where pets are allowed though! We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
oh i see now thats jsut a stodio apartment or codo that you are showing will that sucked even at 100k. i know there are places you can at lest buy a 1 bedroom for the much on the beach thats not a stodio now if you ware talking about a place in japan then thats diffrent but its in the usa so it sucks to buy a stodio for that much.
Thanks for watching
Buy 2 of those. Live 1 rent 1. Easy.
Cheapest place at the beach in the USA! Thanks for watching
Or live in one and use the other to store all your stuff. lol
What's the HOA?
The details on that and what is included for the monthly fee is in this video. If you would like additional info, just give us a call at 843-839-9870. Thanks for watching
When you buy cheap, you get cheap !
The cheap is seldom good and the good is seldom cheap. Thanks for watching and sharing
I wouldn't care if it was 10k I wouldn't want to live by any beaches especially in Fla.
Just wanted to be sure you know this video in Myrtle Beach South Carolina!
I find many great places on the coast are cheaper in the USA. Some crazy people go to another country and waste their life
Thanks for watching
Probably HOA. Is $800
Ummm, I'll just stay where I'm at in Daytona Beach 🌴
Thanks for watching
Whole place for sale.
Myrtle Beach SC has the cheapest beachfront property in the nation.
jerry is this still available..or similar things?
Yes. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
In that condo for $94 k the bedroom is in the living room area. Almost $500.00 monthly in fees is pretty much up there. Also, what about hurricanes coming thru ? Has Myrtle Beach ever been pounded and damaged by hurricanes. Are these condos built to withstand hurricanes. Are the built better than the "collapsible" condos that self imploded due to builders cutting corners ????.😕😕😕😕😕😕🙃🙃🙃🙃
This IS the CHEAPEST Condo On The Beach in the United States! It's not the taj mahal but it is a cheap place at the beach!
It is what is! This unit does Not have a living room, and as the pictures show, it is a small efficiency-style condo. But realize what IS included: Cable TV, high-speed Internet, electric, water, fire insurance, flood insurance, pools, security, exterior groundskeeping, and more. If you owned a house, and added all those expenses together, the combination of all that would be A LOT more than the HOA fees...and it's on the beach! Yes, there are hurricanes in Myrtle Beach but here are the actual stats for the worst states and their numbers: 10 U.S. States Where Hurricanes Hit Most Often:
1. Florida: 120 hurricanes (37 were Category 3 through Category 5)
2. Texas 64 hurricanes (19 were Category 3 through Category 5)
3. North Carolina: 55 hurricanes (7 were Category 3 through Category 5)
4. Louisiana: 54 hurricanes (17 were Category 3 through Category 5)
5. South Carolina: 30 hurricanes (5 were Category 3 through Category 5)
6. Alabama 24 hurricanes (5 were Category 3 through Category 5)
7. Georgia 22 hurricanes (3 were Category 3 through Category 5)
8. Mississippi 19 hurricanes (8 were Category 3 through Category 5)
9. New York: 15 hurricanes (3 were Category 3 through Category 5)
10. Massachusetts 12 hurricanes (1 was a Category 3)
We also have other condos on the beach that are more expensive and have more features and are larger for more money. Thanks for watching and commenting, I truly ap[precate you taking the time. If you have questions give our office a call at 843-839-9870
$500 is low considering it includes the electric, water, sewer, cable tv, building insurance, pools, elevators, etc. The only real risk is potential structural issues at some point on 40+ year old buildings and the salty air. A building collapsed years back in FL killing almost 100. Also, one of the towers in Myrtle Beach was recently deemed unsafe and residents had to leave for 3 months while repairs were made. These types of structural repairs, I've read from like places in FL, can run into the 10's of millions depending on what needs to be done. One condo association in FL just sent out special assessments over $100K for these kinds of needed repairs. Don't think that can't happen here.
Everything BUT the kitchen sink.
Sounds like something you could install! Thanks for watching and commenting
Myrtle
looking over another building is not oceanfront.
Unfortunately that so called "resort" that the company calls it is a "shit-hole." I stated their a few yes ago and it was disgusting. Even the area location is bad. Not the kind of place u wanta walk around at night.
No kitchen sink? Seriously?
address for my GPS?
We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon
Ron DeSantis has entered the room.
This was a hotel turned into apartments. That's all.
Funny,...so, sounds like you know of a cheaper place located in the United States that's on the beach? Of course there are bigger and more luxurious condos here in Myrtle Beach SC, but there do get a little price than this one. Thanks for watching.
@Jerry Pinkas I don't I'm just saying what I think it's the case, looks like it was a hotel at one point, you've been there long, correct me if I'm wrong.
@@tonyn3227 👍
Can you give me the address that Charles have this place for sale? I called the number and the lady needed the address and. I can't find it on the videos
And feel free to give our office a call at 843-839-9870 and one of our team members can give you all the information. Talk soon.
Misinformed information definitely!
About what?
Photos, photos, photos, and ... . have you ever been there?
Oh wow! LOL...Yes, I have been there many times, and know this resort and just about every single report like the back of my hand for the 65 miles of South Carolina Grand Strand... thank you!
Do they do rent to own?