As I had explained in my previous post for tip 1 for 9 Must-Have Tips for Running your Vacation Rental like a Business – A vacation rental is both a fun place to stay and an investment opportunity. And a part of that responsibility is ensuring that you run your...
A vacation rental is both a fun place to stay and an investment opportunity. And a part of that responsibility is ensuring that you run your business smoothly. When you own a vacation rental, you want to have good cash flow, avoid tax penalties, stay organized, have a...
What you need to know about Flood Insurance on Folly Beach, SC. Everyone has a goal of owning a home in paradise, but living on a barrier island can come with some challenges. One of frequently asked issues is figuring out how to deal with rising water, whether it is...
Inventory is the key word when breaking down the state of the Folly Beach real estate market. Looking back to 2017, we saw very low levels of available homes for sale, causing a dip in total sales in 2018. Then inventory improved in 2018 and early 2019 bringing us...
In 2018, the streaky market of the past became a balanced market, which is good for both buyers and sellers. There were far fewer properties sold in 2018 but demand hasn’t cooled off. Shrinking inventory in the last half of 2017 left buyers with little to buy...
2017 will be remembered in the Folly Beach real estate market by shrinking inventory which lead to frustrated buyers and ultimately a seller’s market. The year started fast and was on a record pace, but about mid-way through the year, (maybe because everyone...
Real Estate Sales on Folly Beach remain strong in 2017Through half of 2017, 92 properties have sold, up 15% over 2016. These numbers have been climbing steadily for years now. and when I think back several years ago, that would have been a good number for the whole...
