7 Reasons Why Owning Property On Myrtle Beach Is A Great Idea

Shane Potter
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7 Reasons Why Owning Property On Myrtle Beach Is A Great Idea

Housing costs in Myrtle Beach are 30% lower than the average. While the HOA fees and taxes are lower, rental rates and the employment rate are high.

Myrtle Beach is getting a lot of attention from American and international investors alike. Situated along the South Atlantic coast, this expansive beach city in South Carolina offers attractive opportunities to invest or buy.

Besides these features, the most enticing aspect of Myrtle Beach is its lower cost of living. The overall cost of living in Myrtle Beach is 7% lower than the national average. Fascinating, right? Not only this, it has exciting real estate opportunities to offer. There are also plenty of urban amenities, medical & other facilities available. Compared to Las Vegas or Miami, it serves almost the same facilities at a much lower cost.

This article will discuss why you should buy or invest in a property in Myrtle Beach.

1. Comparatively Lower Cost Of Living 

The main attraction of Myrtle Beach is its lower cost of living compared to neighboring states. That said, don’t be concerned. It still has all the necessary services & facilities available.

A quick look at the housing price will tempt you to invest or buy in the Myrtle Beach area. The total housing cost of Myrtle Beach is 30% lower than the national average cost meaning that the oceanfront condos for sale in Myrtle Beach come at very affordable prices compared to other options.

If you look at the other costs, transportation costs like bus fares & gas prices are 8% lower than the national average.

Are you worried about health & hospital costs? You will be surprised to know that the hospital charges are almost one-third of what you would have to pay in Las Vegas & Miami.

2. Lower HOA Fees & Taxes

Whenever you invest in a property or decide to invest, the HOA fees are probably the first thing to cross your mind. Homeowners’ Association (HOA) is an association of real estate developers who look after the properties & charges you monthly for their services.

Considering the facilities you will enjoy, the HOA fees are a lot less in the Myrtle Beach area than in other states.

The same is for the taxes. As for the high-risk properties like condos & oceanfront homes, the taxes you need to pay is usually higher. However, the reassuring thing is that taxes, in general, are cheaper in South Carolina. So, the condo tax rates won’t necessarily bother you. Also, you won’t have to pay $40-50 for annual inspection costs here.  

3. High Rental Rates

This point is exclusively for those who are planning to invest in the Myrtle Beach area properties. As a popular vacation spot, the enormous crowd in summer is truly a blessing for you as a landlord. The tourists have two options to stay; hotels & rentals.

Stats show that tourists want their vacation accommodations to have all the luxuries and comforts of home. As the rental prices have seen an upward trajectory, it’s probably a good time for you to invest in buying a house.

A lovely looking oceanfront home will increase your chances of getting a higher rental rate. You can further use this money to pay your mortgages or loans.

The employment rate is also high here, meaning you will be getting local renters as well. Even during COVID-19, South Carolina has managed to recover unemployment numbers fast.

4. Affordable Homes & Condos at a Lower Price

The Myrtle Beach area is not so large – which means you won’t have to drive over 10 miles to get all the amenities and necessities. Besides, the houses & condos are much cheaper here compared to other neighboring states.

From a one-bedroom mid-range condo to luxurious six beds condos, you have many options to choose from. You can buy your exciting oceanfront condo for under $200,000 here. From the modest earners to the millionaires, everyone gets equal treatment & finds their suitable places.

5. Good Community Services

The last thing you should be worried about at Myrtle beach is what to do in your downtime. Myrtle Beach has more miniature golf-courses per square mile than any other place in the entire world. 

Eighty championship golf courses over the 60 miles of shoreline will be enough to keep you busy. Even Golf Digest talks about how beautiful the golf courses in Myrtle Beach are.

Almost 600 fine arts events take place annually here in Myrtle Beach. There are also plenty of casinos in South Carolina. If you are planning to retire here or move in completely, the community is super friendly. You will meet lots of interesting people here along with all the professional, cultural, religious organizations.

The community has a reputation for providing valuable support & assistance in times of need. 

6. Bustling Summer & Relaxing Winter

Myrtle Beach receives 14 million tourists every year. As the summer is full of tourist hustle and bustle, you will find it easy to make money. The business of summer will boost your income generation possibilities.

After the summer, you will get a long warm, peaceful fall and winter. Don’t worry about getting bored, though. The locals enjoy lower the prices of all the utilities & other services in the off-seasons. Besides, with fewer tourists, you will find the resort areas more calm, peaceful & exciting.

You won’t have to worry about the hurricanes like Florida because they hardly hit South Carolina. Also, you won’t face the unbearable heat during summer like you would in southern Florida. 

The winter here is short.  You will barely get 45 to 60 days of winter, with temperatures falling below 50. The good thing is you will enjoy all the seasons from the spring to Halloween or Christmas & none of the extreme weather conditions of the north or the south.   

7. Proper Health Facilities

If you are concerned about the healthcare facilities, then rest assured. There are enough doctor’s offices, hospitals, diagnostic centers, and drugstores in Myrtle Beach to take care of all your healthcare needs. You won’t need to drive over 10 miles a day to access services here.

Myrtle Beach has won awards for providing the best healthcare service several times. So quality is never an issue. Also, the community offers good in-home services, transportation facilities & so on. 

Final Thought

A revolution of new constructions is happening fast & quick. The properties & condos’ upward trajectory indicates the flourishing business Myrtle beach will see in the coming years. Now is the perfect time to buy & get settled here or invest in the real estate business to earn handsomely.

Why the Japanese are using Lucky Niki

Casey2739
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Why the Japanese are using Lucky Niki

Lucky Niki is a new online Japanese-themed casino which features Niki, an anime character, who will serve as your companion. The casino was launched in 2017, licensed by Malta Gaming Authority and the UK Gambling Commission, and is presented in Japanese and English. The games offered on the site are developed by well-respected software providers such as Evolution Gaming, NextGen Gaming, Microgaming and NetEnt according to Japan-101. The company prides itself on making it possible for players to play in the most comfortable environment, and they are continuously improving the quality of their accessibility. Although the casino boasts over 800 games, the most inviting aspect of this casino is Niki.

Why Is This Casino So Popular?

Lucky Niki is very popular and growing in popularity due to the creative design of the site. This creative design and state of the art 3D graphics, which each of the over 800 games include, aims to provide players with a gaming experience that is fun, unique and most importantly secure. Another benefit is aside from using your desktop computer or laptop to visit the site, you can use your smartphone or tablet. The process of accessing the casino is very easy. You can either visit the site directly using your smartphone or tablet, or download the app. This dramatically increases the accessibility, since you can play wherever you are.

Welcome Bonuses

Another incentive that Lucky Niki provides is 25 free spins upon joining the casino, along with a $100-dollar welcome package. These free spins can be used at any time and since you don’t have to place a wager when using them, you can simply withdraw any money that you win. This shows that Lucky Niki promotes players having fun when using their site. In addition to the welcome bonus, there are many daily promotions available and if you become a VIP, you will receive access to the VIP reward system. This includes cash back on all of the bets that you have placed as well as exclusive free bonuses. 

The Game Modes

With such highly respected game developers, the list of games found on Lucky Niki is extremely extensive and very well made. There are many genres of casino games available such as Jackpot games, Live Casino, Scratch Cards, Table Games and Slot Games. You could find anything from Arabian Nights, Mega Fortune and Bakini Party. These are all extremely popular choices, which will give hours of entertainment. Lucky Niki truly aims to bring the feeling of a real casino to the player by offering Live Casino games such as blackjack, roulette or baccarat. One of the things that separates this casino from other online casinos, is the inclusion of Virtual Sports Betting. You can place your bet on a number of different sports ranging from horse racing, cycling and dog racing. These virtual sports have incredible visuals and feel extremely real.

Customer Support 

As expected with a site that caters to an international market, customer support is available 24/7. As mentioned, the casino aims to offer a comfortable experience to every player, which is why the customer support is very responsive. The support is provided in multiple languages, however inquiries in English are responded to faster. You can reach out via phone (calls are not free and charges may apply), e-mail or through the live chat function provided on the website. There is also a FAQ page where answers to the most commonly asked questions can be found. 

Why to Choose Lucky Niki

Lucky Niki is a great choice of casino for anyone looking for a diverse casino experience. The sheer number of games will definitely provide hours of fun with beautiful, state of the art 3D visuals immersing players. The simple transaction process makes it convenient for players to withdraw and deposit money, and it only takes 48 hours for your money to be paid into your account after making a withdrawal request. Many payment methods, such as Debit/Credit cards, Bitcoin, Skrill and Entropay increases the accessibility of transfers. The ability to play on your mobile device makes it possible to enjoy the casino for players who don’t own personal computers, and the welcoming bonus when registering, makes it easy for anyone over the age of 18 to just start playing. 

 

Covid Cases and Deaths Now Hitting Record Levels In Gaston County 1 Week After Trump’s rally

Charlotte Stories
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Covid Cases and Deaths Now Hitting Record Levels In Gaston County 1 Week After Trump’s rally
photo taken on 10/21 at Gastonia Municipal Airport rally

Last week, President Trump came to Gastonia to hold a packed and largely maskless campaign rally at the Gastonia Regional Airport. According to the Secret Service, at least 35,000 people came to the rally. It’s now officially the largest event to ever be held in Gaston County.

Many health experts feared that since we are currently in a pandemic, this packed rally would cause a spike in Covid-19 cases and deaths in the county.

Unfortunately, the numbers coming out from the NC Department of Health and Human Services indicate those fears may be coming true.

Yesterday, exactly 9 days after the rally, Gaston County reported its highest 1-day total of new Covid-19 cases since the start of the pandemic. The county reported a total of 157 new cases yesterday, compared with a previous high of 138 on 10/16.

There also were 17 deaths from Covid-19 confirmed in Gaston County this past week (23rd-29th), compared with just 8 the previous week (16th-22nd).

Some have argued that the spike in cases is not related to last week’s rally, but when Gaston County’s numbers are compared to the similarly-sized rural counties that also border Charlotte, Gaston County’s recent spike seems to be unique.

According to the CDC, “symptoms may appear 2-14 days after exposure to the virus”, and since many don’t get tested until they begin to feel symptoms, and since results are often not reported by the county until a couple of days after a test is initially taken, we will likely see the case count and death toll climb much higher in Gaston County over the next couple weeks.

Tomorrow, President Trump plans to hold another massive rally in Hickory, North Carolina (about 40 miles northwest of Charlotte) at the Hickory Regional Airport.

What do you think about President Trump’s decision to hold packed rallies during the pandemic? 

LPGA’s Symetra Tour Championship is Coming To Lake Norman

Charlotte Stories
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LPGA’s Symetra Tour Championship is Coming To Lake Norman

The 10th and final stop on the 2020 “Road to the LPGA” takes the Symetra Tour to River Run Country Club in Davidson for the 13th annual Symetra Tour Championship from November 1-6.

“We are excited to finalize the top-5 players in the Volvik Race for the Card and celebrate their LPGA Tour membership for the 2021 season,” said Mike Nichols, the Chief Business Officer of the Symetra Tour. “Additionally, all five will be awarded entry by the USGA into the U.S. Women’s Open at Champions Golf Club in December.  Seeing these elite athletes achieve a lifelong dream of becoming LPGA members as well entry into the final Major Championship of the season will truly create for a memorable week and fitting conclusion to the 40th season of the “Road to the LPGA.”

Greeting the 84-player field in Davidson is a total purse of $175,000. Individuals are set to compete in a 72-hole stroke play format with a cut to the low 60 players and ties after 36 holes. The winner’s share for the event is $26,250.

“We are honored to be hosting the 2020 Symetra Tour Championship. This year the players have overcome many obstacles and it has been a true test of their dedication to the game,” said Tom White, River Run Country Club General Manager. “We are excited to host them, celebrate them and especially award those who finish in the top-5 in the Volvik Race for the Card.”

The 2017 Symetra Tour Championship winner Rachel Rohanna (Marianne, Pennsylvania) is among the competitors. She finished No. 11 in the 201u Volvik Race for the Card. The victory in Daytona Beach was Rohanna’s second in her career.

“It’s been a rough year for everyone, but I am so happy to have had the opportunity to compete this year and I know I’m speaking for others when I say that.  We are very grateful for the wonderful sponsors and staff of the Symetra Tour who have worked as hard as we have to still make this a great year,” said Rohanna. “Winning the 2017 Symetra Tour Championship was certainly an unforgettable experience.  I knew I was playing really well leading up to it and couldn’t have asked for a win to come at a better time.  Finding out that I was pregnant 2 days later made it even more special. The trophy sits in my daughter’s room and hopefully will be a reminder to her someday that anything is possible.”

Action gets underway at 8:00 a.m. ET all four days with play starting off No. 1 and No. 10 tees in each round.
 
ABOUT THE SYMETRA TOUR 

The Symetra Tour is the official qualifying tour of the LPGA Tour and enters its 40th competitive season in 2020. With the support of entitlement partner Symetra, the Tour’s mission is to prepare the world’s best young women professional golfers for a successful career on the LPGA Tour. Since Symetra’s inaugural sponsorship year in 2012, the Symetra Tour has grown from 16 tournaments and $1.7 million in prize money to a record $4.0 million in prize money awarded in 2019. With more than 600 alumnae moving on to the LPGA, former Symetra Tour players have won a total of 445 LPGA titles. Follow the Symetra Tour on the web at www.SymetraTour.com, as well as Facebook.com/Road2LPGA, Twitter.com/Road2LPGA and Instagram @road2lpga.

UNC Charlotte Issues ‘2020 State of Housing in Charlotte’ Report

Charlotte Stories
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UNC Charlotte Issues ‘2020 State of Housing in Charlotte’ Report

Housing prices in the Charlotte region – fueled by rapid population growth –  continue to rise, especially in the lowest-priced sector, according to a new report issued by UNC Charlotte’s Childress Klein Center for Real Estate (CKCRE).

State-of-Housing-Report.jpg“The Charlotte region has long benefitted from having good quality and relatively inexpensive housing,” said Yongqiang Chu, CKCRE director. “However, there are several real challenges to maintaining that advantage, especially in areas of housing affordability. Through our data-driven report, our aim is to bring these issues to light, as they will take regional coordination to address.”

Chu – who is also the Childress Klein Distinguished Professor of Real Estate and Urban Economics and professor of finance for the Belk College of Business – presented highlights from the report during the State of Charlotte Housing Virtual Summit on Thursday, Oct. 29.

Chu said home prices and rents will continue to outpace inflation until the region begins to produce new housing units in greater numbers than it has over the past eight years.

The COVID-19 pandemic hasn’t affected the overall trends in housing but has accelerated home prices, Chu said. During the pandemic, homeownership increased by 3 percentage points.

The “2020 State of Housing in Charlotte” research report also found that that: 

  • Population growth in the region is outpacing housing growth. From 2010 to 2019, the population grew by 1.9%, but housing units grew by only 1.6%.
  • Land prices are rising rapidly across the region, which is driving up the price of housing and also pushing more people toward the suburban fringe.
  • The lowest-priced segment of the owner-occupied market has seen the sharpest price increase, impacting low-income and middle-income affordability. Between 2010 and 2019, home prices in this segment have risen 195%, from $48,990 to $145,000. That’s an annual increase of 14.5%.
  • Middle-income housing affordability is becoming a significant challenge for the region. A household earning $65,000 a year can only comfortably afford about 36% of the homes available for sale.
  • As rates increase for all types of rental housing, the percentage of cost-burdened renters is high; and there is an ongoing need for additional low-income housing. In the region, 45% of all renters meet the definition of being cost-burdened, spending more than 30% of their gross incomes on housing costs.
  • Between 2018 and 2019, Charlotte’s population growth was the second highest among 11 national competitor cities and was the highest among eight regional competitor cities.
  • Home prices in Charlotte are moderate compared to regional and national competitors. However, the growth rate is among the highest. Between 2018 and 2019, the median housing price in the Charlotte region increased by 8.5% to $266,000.
  • Among regional competitor cities, Charlotte renters pay among the highest rates. However, the region is roughly average among national competitors.

Charlotte Stories is continually partnering with the best real estate agents in every part of the Charlotte region.

If you’re thinking about moving in or around Charlotte, let us connect you with a top agent in your area by filling out the form below:

    AMC Theaters in Charlotte Are Now Letting People Rent an Entire Theater For Just $99

    Charlotte Stories
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    AMC Theaters in Charlotte Are Now Letting People Rent an Entire Theater For Just $99

    via Studio Movie Grill
    The pandemic of 2020 has affected almost every type of business in America, and perhaps none worse than movie theaters. After Regal Cinemas announced they would be going bankrupt, their biggest rival, AMC, announced one last-ditch effort to stay in business.

    The company will be letting individuals or a group of friends to rent out an entire movie theater to watch whatever they want for $99.

    On AMC’s new ‘rental site’, the company states:

    “Host a personal screening for one or make it a private party for up to 20 people total! It’s perfect for an everyday escape or a celebration to remember. Make AMC your next destination to meet friends and family and reserve an entire AMC Safe & Clean™ auditorium, starting at just $99+tax.” 

    All 4 AMC theaters in the Charlotte region are now running this special, including; Carolina Pavilion, Park Terrace, Northlake Mall, and Concord Mills.

    The company announced this week that its “existing cash resources would be largely depleted by the end of 2020 or early 2021” if the recent trends persist into next year.

    What are your thoughts on their new idea? 

    North Carolina Just Recorded Its Highest Number of New Covid Cases In 1 Day, Again

    Charlotte Stories
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    North Carolina Just Recorded Its Highest Number of New Covid Cases In 1 Day, Again

    The State of North Carolina has just recorded the highest number of new Covid-19 cases in 1 day, again.

    Yesterday, officials with the NC Department of Health and Human Services announced that there were a total of 2,885 new cases over a 24-hour period – the highest number our state has seen since the pandemic started (beating the previous highs of 2,716 on 10/23 and 2,684 cases on 10/16).

    We’ve also been seeing an increase in the number of hospitalized, with a total of 1,182 Covid-19 patients currently undergoing treatment.

    Here are the complete numbers from the past few weeks:

    On Wednesday, the governor of North Carolina, Roy Cooper, held a press briefing to discuss the alarming trend and talk about what the state is doing about it:

    What else do you think should be done to help slow the spread?

    Enjoy A Healthy Halloween This Year With Halloween At The University City Farmers Market

    Steve
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    Enjoy A Healthy Halloween This Year With Halloween At The University City Farmers Market

    Due to the pandemic and the shutdown, many parents are avoiding trick or treating this year, but that doesn’t mean their kids won’t be able to enjoy dressing up and receiving some yummy treats.

    This weekend, the University City Farmers Market will be transforming into a trick or treat paradise for both adults and kids alike. There will be Halloween themed booths, candy for the kids, tons of organic produce, cooking demonstrations, and Nick Shaw will also be taking the stage for a spooktastic acoustic cover show of your favorite hits.

    University City Farmers Market supports local farmers and entrepreneurs. The farmers selected use organic practices to help steward the earth, while producing and sourcing some of the freshest and most nutritious food available in North Carolina. Visitors will find seasonal vegetables and fruits, pasture-raised egg and meats, as well as artisanal food and natural beauty-care products.

    University City Farmers Market will feature live music and local chef demonstrations. This fall, visitors can expect to find live musicians and DJs offering bluegrass, R&B/soul, hip hop, pop and other genres. Chef Lisa Brooks and Erique Berry will cook tasty treats from items you can find at University City Farmers Market. The food demos will focus on quick, healthy family-friendly dishes. All demonstrations and music performances will practice social distancing in accordance with Mecklenburg County and North Carolina State guidelines for the health and safety of all visitors. Similarly, capacity will be limited for shoppers to increase social distancing. Guests are encouraged to access the market by riding the LYNX Light Rail, walking or biking on the Barton Creek Greenway, or parking at Shoppes at University Place, 8929 JM Keynes Drive.

    More details about University City Farmers Market can be found at univcitymarket.org.

    Rents in Charlotte Down 2.3% Since Start of Pandemic – November 2020 Rental Report

    Charlotte Stories
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    Rents in Charlotte Down 2.3% Since Start of Pandemic – November 2020 Rental Report
    As the COVID-19 pandemic and its ensuing economic fallout continue to overwhelm renters across the country, monthly rent estimates paint the picture of a protracted national slowdown and uneven recovery.
    The national rent index is down 1.4% year-over-year, but there is tremendous regional variation beneath the surface. San Francisco and New York City continue to lead the nation in pandemic rent drops, while smaller markets like Boise and Colorado Springs are heating up.
    Here are some highlights for Charlotte from this month’s Apartment List rental report:
    • Rents in Charlotte increased 0.1% month-over-month, and are down by 2.3% since the start of the pandemic in March.
    • Year-over-year rent growth in Charlotte currently stands at -2.2%, compared to 3.1% at this time last year.
    • Median rents in Charlotte currently stand at $1070 for a 1-bedroom apartment and $1196 for a two-bedroom.

    Here’s how Charlotte faired to other major US cities:

    If you think rental prices around the Queen City have gotten too high and your thinking about buying a home – we can help.

    Charlotte Stories is continually partnering with the best real estate agents in every part of the Charlotte region.

    If you’re thinking about moving in or around Charlotte, let us connect you with a top agent in your area by filling out the form below:

       

      Governor Cooper Signs New Executive Order To Stop Renters From Being Evicted

      Charlotte Stories
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      Governor Cooper Signs New Executive Order To Stop Renters From Being Evicted

      The Governor of North Carolina has just issued a new executive order to stop renters from being evicted from their homes due to financial hardship related to the COVID-19 shutdown.

      Executive Order No. 171 specifically supplements the existing NC HOPE initiative, which pays landlords and utility companies directly in order to keep people in their homes with electricity still flowing.

      “Many families are trying to do the right thing, but this virus has made it difficult. Roughly three to 400,000 households across North Carolina are currently unable to pay rent. Therefore, today, I have signed a new Executive Order to prevent evictions in North Carolina for people who can’t afford the rent,” said Governor Cooper. “The result during this global pandemic will be more North Carolinians staying in their homes, more landlords getting paid rent, and fewer utility companies shutting off power.” 

      In addition, to help ease housing concerns, North Carolina is funding the Back@Home program, which helps families experiencing homelessness and provides financial relief to some landlords whose tenants are at risk of homelessness.

      Read the Executive Order.

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