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What's the Rental / Real Estate market like in Myrtle Beach?
I was just there for a weekend, and was surprised to see how affordable some of the properties were. Do these places fetch enough rental income to turn a profit?
1 Answer
- lynda lLv 51 decade agoFavorite Answer
Hey careful with the answers above... Myrtle Beach like Fort Lauderdale Beach are seasonal area so you make money only during the season which I presume it will be summer for Myrtle Beach and winter for Fort Lauderdale.
Off season mean rent are half the price than during the busy season.
Never made a profit just when I sold the place
Source(s): ex-motel owner in Fort Lauderdale