Rental demand grows as transplants decide where to plant their roots

Myrtle Beach continues to expand at a rapid pace as new construction is constantly going up all around Horry County. Theres an increase of people moving to the Grand Strand from out of state and are undecided where they want to buy. All County assists a number of people moving in to the area to find rentals usually for at least a year to give them time to explore this expansive area. When considering finding a rental All County can help and heres how:
-find a rental within your budget
-search by location for your needs
-give you information on school districts
-assist with proximity to work
-if we don’t have what you’re looking for we can still help by seeing what other companies have on the market

If you are relocating to Myrtle Beach or the surrounding area, give All County a call and we would be happy to discuss your options!

The Top 5 Reasons you NEED to be in Myrtle Beach

The sun, the sand, a drink in your hand. Ah yes, the ideal vision of paradise and carefree living everyone dreams of. A laid back lifestyle that makes you feel like you are on vacation everyday isn’t as far out of reach as you think. Here are the top 5 reasons you NEED to be in Myrtle Beach:

1. The Beach- with over 60 miles of beautiful white sand beaches you will never miss a ray of sunshine. Pack a picnic or enjoy a romantic meal at one of the many oceanfront restaurants. Plan a day trip fishing from one of the piers, parasail, take the family on a boat ride, whatever you do there is something for everyone. Best of all, its free! Pack up the kids, bring some beach toys, boogie boards and you’ve got a day of relaxation and soaking up the Southern sun and gorgeous scenery.

2. Housing Market- Myrtle Beach real estate is HOT! and with property taxes at a low 4-6% owning property is more attainable than you may think! If Myrtle Beach is a popular travel destination for your family, you can buy a vacation home for your getaways and rent it out when you aren’t using it. Its a great way to invest your money by having other vacationers help pay off your mortgage while you still get to enjoy the luxury of a second home!

3. Golf- If you are a golfer then you are no stranger to Myrtle Beach and its championship golf courses, among the best in the country. With over 100 courses to choose from, your golf trip will be sure to please everyone in your group no matter their skill level. Don’t worry little ones we won’t forget about you, as there are an abundance of mini golf courses along the Strand in almost every theme imaginable to keep you entertained!

4.The Entertainment- Myrtle Beach has something for everyone, young and young at heart. How about a scenic helicopter ride over the Atlantic ocean or renting golf carts and cruising the boulevard? Maybe shopping is your thing? In that case, take a day to browse one of the two huge Tanger Outlet shopping centers or go to Barefoot Landing in North Myrtle Beach for some great shops and cuisine right on the waterway. Catch one of the exciting live dinner shows such as Pirates Voyage and Medieval Times which will be sure to leave not only your kids mesmerized but the adults as well! There are shows happening nightly at Alabama Theater, Palace Theater and Legends that you will not want to miss!

5. The Food- Let me tell you there are so many places to eat in the Grand Strand you will never have to eat at the same place twice! From laid back and casual there is almost every fast food chain you can think of, to fine dining and some of the best seafood buffets around there is something for every member of the family. Broadway at the Beach has some great restaurants such as Margaritaville and Señor Frogs that entertain the whole family and enhance the fun laid-back style that is Myrtle Beach. Make sure to check out Market Common, an up and coming community with fabulous restaurants and shops. Don’t forget here at the beach we have Happy Hour which discounts drinks and food daily! Take advantage of the many restaurants that do HH, especially with a big family you can save some money and still have a nice meal out.


Rental demand heats up in the Myrtle Beach area

As with many areas in the United States, rental demand continues to climb in the Myrtle Beach area. The latest data from the Federal Reserve suggests that now is a great time to be a property owner since during the last three months of 2015 property owners’ rental income amounted to around 4.3 percent of the U.S. national income. Meanwhile, key takeaways from the “Emerging Trends in Real Estate” report published by the Urban Land Institute and pwc has us looking forward to successful investments for properly managed rental assets.

What the analysts are saying

(You can download and read the full report here):

• Prospects for the multifamily rental sector still rank “well” for 2016.
• Due to the size of generation Y, demand for both rentals and ownership housing is poised to expand.
• Investment strategy for single-family home rentals is changing from the “flip” strategy to becoming operating businesses, as more people opt to rent by choice rather than necessity.
• Investment prospects for single-family homes rank “fair” for 2016
• Some older home renters are opting for luxury rentals.
• Domestic and global capital continues to flow into the U.S. real estate market.
• “The industry is trending toward more intensively active management…”
• Interest rates will continue to rise.
• “The Supreme Court has affirmed that local communities can take legal action to address disparities in housing, even if they are the unintentional result of actions rather than conscious discrimination.”

Why Myrtle Beach?

• Rental demand has outpaced supply.
• Some baby boomers are ditching their previous homes and choosing luxury rentals with serene backdrops in the Myrtle beach area.
• Millennial populations tend to rent for longer periods than did their parent and they add to the overall rental demand.

What if my rental is vacant?

Selecting the right tenant for your rental is a critical first step toward maintaining the value of your investment property. Qualified reliable tenants play a significant role in protecting against undue deterioration.

If your rental has been on the market for a significant amount of time, consider talking with All County Southern Shores Property Management about what changes can be made to decrease the amount of time it takes to find a qualified tenant. While every situation varies, there is a short list of frequently cited improvements that can often lead to more rental applications.

• Give it some curb appeal. Spruce up the yard or to trim the trees and bushes. A freshly power washed driveway can also make a big difference.
• Clean the carpets. A professionally steamed and shampooed carpet can make a rental feel like new again!
• Add some paint. A little bit of outdoor and interior paint can go a long way.
• Price it right! If your rental is drawing in the kinds of applicants that you are looking for, talk with your property manager to ensure that the asking monthly price is competitive and compares to other similar properties in your area and that are relatively the same age.

All County Southern Shores Property Management can help you get your property rent ready and help you take advantage of the Myrtle Beach area rental market. Call now to learn more about our annual management services and how our professional property managers can make a big difference to your bottom line.


Your Myrtle Beach lease agreement matters!

It is important to be aware of changes to real property law and contract law. Perhaps what is more valuable is to have a lease reviewed by a lawyer who specializes in landlord/tenant law. Our management professionals always make use of a carefully worded Myrtle Beach lease agreement that has been reviewed by an attorney.

Recently, major changes have been made to landlord/tenant law in places like California, Wisconsin and other parts of the country, which has social media all abuzz. In an effort to equalize the position of property owners and their tenants, landlord/tenant law is constantly evolving and landlord’s rights and landlord’s responsibilities in Myrtle Beach and elsewhere are constantly changing. For instance, prior to March of 2015 landlords in Wisconsin were obligated to make arrangements for storage of any personal property that belonged to an evicted tenant. To fulfill such an obligation, landlords in that area needed to notify the sheriff’s department, hire a bonded mover, and give notice to the evicted tenant. The revised law now allows a landlord to presume that property left behind and to deem it abandoned. There are exceptions to the rule, of course, and this is just one example of how estate law can and has evolved in places around the country.

The lessons that we can take from trending news topics like those out of Wisconsin make it clear that your property manager’s role goes way beyond simply filling unoccupied space. At All County Southern Shores Property Management, we can proudly say that our expertise in tenant placement, lease execution and lease enforcement will help to protect your property investments for years to come.

In order to keep in line with the ever changing rules, we regularly update the South Carolina lease agreement. A well written lease allows All County Southern Shores Property Management to enforce lease requirements, and in the case of an escalated issue, a well written lease could mean the difference between winning or losing a court case. Our leases are well written and tenants’ responsibilities are clearly defined. Myrtle Beach property owners can entrust All County Southern Shores Property Management to safeguard your property investment and to allow you peace of mind!

Top 5 benefits to hiring a property management company in Myrtle Beach!

Did you know that today’s Myrtle Beach, South Carolina real estate investment market is booming? Now is the time to buy low and profit high. While purchasing a property with high rental-return potential is a good start, managing that property for success is a must!

Hiring a Myrtle, Beach property management company could take your business farther than you might expect. A dedicated group of property management professionals who are looking out for your best interests can help you to earn more, save more, and relax more. Before deciding whether you’ll be a hands on or a hands off rental property owner, take a look at our list of top 5 benefits to hiring a property management company in Myrtle Beach.

1. Myrtle Beach has a hot market for rentals right now! Setting a competitive rental rate will help to ensure that property owners make a fair return. All County Southern Shores Property Management professionals offer free-no obligation rental evaluations to ensure that you receive the best price for your rental. Our assessment is compiled based on detailed market research. With All County, you will also receive information on

• Rental demand for your property type
• Recommendations for improvements to make your property more attractive
• Suggestions on rental price range according to current market conditions

2. Without professional expertise, renting to the right tenants can be tough. All County Southern Shores property management professionals take the guess work out of finding qualified tenants. We complete background and credit checks and perform a thorough rental history review to make certain that we fill your vacancies with qualified renters.

3.When trying to expand the exposure of your property to potential tenants, advertising is an absolute must! At All County, we apply effective marketing strategy to fill vacancies fast and at no cost to you!

4.Dealing with the monetary aspects of managing your property can be stressful. With All County, you can relax knowing that we keep track of detailed financial records on your behalf. Our Myrtle Beach based company provides property owners with bookkeeping services and keeps track of all income and expenses. Additionally, you are able to track all transactions through the online owner’s portal.

5. Never worry about fixing another leaky faucet or broken appliance again. All County property management handles maintenance requests, coordinates property repairs, monitors the 24/7 emergency maintenance line and promptly responds to all urgent situations to help you save both time and money!

Never has it been so easy to maximize your profit, save more and relax more while growing your rental property business. If you would like to learn more about what All County Southern Shores can do to improve your returns in the Grand Strand, call in today for knowledgeable help and advice from our property management experts!