Cash Flow Positive Real Estate | Things To Look For & What To Avoid

How to find positive cash flow properties and what to avoid when looking for rental properties. In this video, we go in-depth on what you should look for and what to stay away from when shopping for cash flow posting real estate in the Myrtle Beach, South Carolina area. many people look at listings online and have no idea what the returns are. The internet is a good tool but it won't answer all the questions. That is the reason we cover many of the things that will make the best investment for you in this video and what you should look for when buying a rental condo or house.
Jerry Pinkas Real Estate Experts
604 N 27th Ave
Myrtle Beach, SC 29577
843-839-9870
DONT CLICK HERE: / @jerrypinkas
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Does this information help you?

[@USALandVentures]

Having been a Real Estate Investor since 1989. I can attest to the fact that buying Condos is a great investment

[@JerryPinkas]

I have seen many common people, who where able to parlay their investment into income and equity. Its the way the average person can get ahead. We are here to help

[@SwimminWitDaFishies]

You have to be in the right market, you have to be lucky to avoid hurricanes, and you have to be fortunate to have renters that won't wreck the place. And the structure has to be PROPERLY maintained. Oceanfront structures need CONSTANT maintenance. And I'm not a realtor. I have life experience and common sense.

[@danielborrero4024]

@@SwimminWitDaFishies With all due respect, Luck has very little to do with it. Successful Real Estate investors take the time to study the area, know the market, develop relationships, leverage those relationships, and analyze the risk. And most importantly, we have a strong application process for tenancy.

[@barryvirts1474]

HOA included amenities, HO6 policy, percentage down all great information!! Looking forward to our March 25 appointment with Bob Natale.

[@JerryPinkas]

Excellent. So glad you got some new knowledge! Looking forward to seeing you soon so you can hands on learn what to look for and what to stay away from. See you soon!

[@bobbiegaudette3891]

I've just found these videos as my husband and I are exploring the opportunity to purchase a beachfront condo as an investment and for personal use. I'm a Realtor with KW in NH and appreciate your time and commitment to helping educate consumers. Hoping when it's time for us, inventory will be a bit more plentiful! It's brutal here in the "603."

[@georgescott5293]

very good info==if i do buy i will be calling you jerry

[@billramsey7455]

Love you bro ❤ Thanks for your videos and all the wonderful information

[@renovativehome]

Great video. Really good points.

[@jannettewebb8326]

Great info Jerry

[@JerryPinkas]

Thank you very much! Thank you for watching and commenting. So glad you are enjoying the videos here on this channel. We are looking forward to helping you. Give us a call at 843-839-9870 We have a ton of super helpful info to share. Talk soon.

[@ritchierich565]

Very helpful thanks.

[@michaelrains2268]

Wonderful information about purchasing, financing and cashflow. The biggest challenge for most as it is for myself is 20 to 30 percent downpayment. Thanks again for the wealth of information! 😊

[@JerryPinkas]

Thanks Michael! That's a video that will be coming out! How to Raise Down Payment Money. Thanks for your interest and thanks for watching. :)

[@jaykay5142]

Another really good video, Jerry. This is what I wanted to know, some rough numbers about what condos could bring in and what to look out for. But you're right, you need to actually be there to really get a good picture of what the actual place is like. Love the hat! #cashflow

[@JerryPinkas]

Thanks Jay! Glad this info is helpful to you. It depends on where you are in the journey, but the only way to get a good education is to do it live and in person so you can see the huge difference between properties and what it means for you. I'm super excited that you like my hat! :)

[@bearyblanco9376]

you're a tremendous help. Thank you for sharing your wisdom. I'm subscribed.

[@JerryPinkas]

Glad you have signed up. Welcome aboard!

[@frankmaza303]

Hi Jerry love your honesty

[@jcc7360]

Hey Jerry, I am early in the process of researching to purchase a STR in Myrtle Beach. Looking forward to scheduling an appointment to speak with one of your team members soon. Thank you so much for all of your videos, so much information a new investor would not know without making the mistakes myself.

[@JerryPinkas]

Glad your enjoying our videos.

[@zamp549]

Another very informative video. Thank you! I'm looking at buying a condo this year. We live in Northern Michigan (summers are great!), would like to continue to come down a couple of times a year to visit MB, to our own condo, instead of renting("making someone else rich"J.P.). Most of the year I would like to rent it out, except for a few weeks for our family. Would love to set up an appointment & talk to you about it sometime. Thanks again for the great info in these videos.

[@JerryPinkas]

THAT sounds like a plan! Buy a cash flow condo, let someone else pay for it and the priceless part is when it is time for your vacations, you have your own condo at the beach! I here you about Michigan winters! Lots of people would love to escape. We look forward to helping put your plan into action :) Lets set up some time!

[@elizabebolesth]

@@JerryPinkas àa.

[@elizabebolesth]

! À

[@rubyparchment5523]

Where will the renter go during those few weeks? What’ll he do with his stuff?

[@susiecampbell3559]

We have just started looking and saving. We have been to Myrtle Beach and would definitely like to buy a positive cash flow. We would love to have more information. Thank you very much

[@JerryPinkas]

That is awesome! Feel free to give us a call. 843-839-9870 You have questions...we have answers. We are here to help :) Hope your having a great day!

[@p.taylor3246]

You're awesome! Just starting my business and looking forward to investing in the future.

[@JerryPinkas]

So glad you found this video. Super helpful. Thanks for taking the time to watch and to comment. See you in the next video.

[@timothybilsky3023]

This is good stuff. We’re looking at Charleston area condos and these vids are really teaching me up here in PA!

[@JerryPinkas]

Glad it was helpful and your enjoying the videos. If you ever decide on the Myrtle Beach area just give us a call 843-839-9870 We can give you a ton of helpful info. Hope you are having a great day!

[@jameshuett2559]

Wish I knew someone like you in Panama City Beach.

[@JerryPinkas]

We have connections in Panama City Beach Give us a call 843-839-9870 we can connect you together. Talk soon

[@1Akarikotsu]

Hello, I really enjoyed your video it’s easy to understand. I am interested in investing in a condo and am now saving my money to be able to do so. I figure 50k should be a good starting point when I go to look for a property. So I’m in the first stage the gathering information and saving money stage... at this time I’d rather rent and invest in a condo till I find a place I want to live in myself.

[@JerryPinkas]

Glad this video was helpful! Hope you have been watching some of the others that will give you even more info on exactly your game plan. We have many clients who have started small and grown over time. You have questions we have answers. Give us a call and let set up some time to chat 843-839-9870

[@jgiaguzzi2287]

Has anybody here or you ,Jerry, had experience buying an income property in Barefoot Resort? I know its inland a little but the grounds and amenities were very nice.

[@JerryPinkas]

Yes we have plenty of experience buying and selling property in Barefoot Resort. As a matter of fact on of our team members has multiple properties there. But if you are talking about cash flow vs positive cash flow we should talk. 843-839-9870 :)

[@insulatorman8200]

Great video jerry! I'm watching all your videos to educate myself. I'm looking to buy a condo in 3years or sooner . I'll be contacting you when I'm ready to buy.

[@rosarioroberto5823]

Amazing video, very very informative. Thank you so much.

[@JerryPinkas]

So glad your enjoying our videos. Like you have heard me say, the internet is a good tool... but it wont answer all the questions. That where our team can help you big time. :)

[@davidweatherford6592]

Another great video Jerry.. thank you

[@JerryPinkas]

Thank You David! Glad your getting a lot out of our videos. Our Team is looking forward to helping you put your long term plan into action! Thanks for all your comments. Talk soon!

[@rosarioroberto5823]

Jerry, you are the best.

[@JerryPinkas]

Thanks Rosario. Just here to help :)

[@rickmitchell3703]

Really GREAT info Jerry. I'm looking to purchase beachfront property soon and this info is extremely helpful!

[@JerryPinkas]

Glad it was helpful! Looking forward to helping you if your are considering the Coastal Carolina's 843-839-9870 :)

[@jamestorres1538]

Good video we are looking to buy in MB a investment property.

[@JerryPinkas]

My team is looking forward to working with you and showing you your best options. Just give us a call when your ready at 843-839-9870 and we will set up the showing appointments with you. Thanks for watching and commenting.

[@anniealexander9616]

Great video!

[@JerryPinkas]

Glad you enjoyed it. Thanks for watching and commenting. Give our office a call if we can help 843-839-9870. See you in the next video.

[@jeffbacon7700]

This is awesome! Thank you

[@JerryPinkas]

Thanks Jeffrey, glad your enjoying the videos. Anything specific stand out to you in this one?

[@MsKittie]

Question: what properties is good to purchase with a va loan, as a second property and rental income potenial. In your personal opinon

[@JerryPinkas]

You can not purchase an investment property with a VA loan it must be a home you live in. ive us a call and we can give you some guidance and options. 843-839-9870 talk soon

[@MsKittie]

@@JerryPinkas okay thank you. definitely looking to transition over from part time resident to a full time resident

[@clifforddriver9434]

Awesome!

[@JerryPinkas]

Glad you think so! Thanks for watching! We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon

[@hihihihilollol1]

Why do some of the condos with 6000 rooms in the building have 2,5K per quarter for HOA for 1BR, and others 1,7K ? How to figure out the differences?

[@JerryPinkas]

Good question, but now way to include all of the reasons in a simple written reply. There are many moving parts for example you can have 2 properties with Identical HOA but one is run much better and when you walk both properties you find one is much cleaner, and better maintained, and the other is just average or below average. Onley way to see the difference is in person with close inspection. Or one may include insurance, interior electric, interior water, cable TV, wireless internet and the other may be missing one of those in the fees and owners pay that individually. There are not direct comparisons because there are many moving parts. I Highly recommend working with the local expert who knows which one is average and which one is way above average. this will usually give you the best long term results. If you know which area you are searching in, we have a network of experts in every state and can recommend the expert in that area, just give us a call 843-839-9870

[@debralev]

WOW! Thank you so much for this video! I just found you and have watched two of your videos so far and am looking forward to watching more. I am also from Michigan and I have a rental here but would like to get some rentals in S.C. I have had an issue finding an good RE agent in MB. I am only finding ones that won't call me back or they constantly give me a line of fluff. If you have the right property with cash flow, I am ready to purchase.

[@JerryPinkas]

This may not be what you want to hear, but its the truth. If you are ready, I highly recommend making the trip to Myrtle Beach, setting up time to view properties and stop wasting time on line. The internet is a good tool...but it wont answer all the questions. Most of the ocean front is what I would consider 'average'. You want the properties that are above average and give maximum return on investment. There are a hand full of properties that will cash flow and that is what my team works on getting for their clients. Give us a call and we can fill you in with more details. 843-830-9870. talk soon. :)

[@thekunusadventures6017]

What are your thoughts about cocoa Beach rental property investment, I have been to cocoa Beach and love the place.. we r from Canada so how it works for us? Like downpayment, tax and everything included.. Thanks.

[@youtubecarspottersguide1]

oct 2021 how did these 2 do over the last 2 yrs?

[@JerryPinkas]

Rents have increased in some of the best resorts and buildings by 1/3 MORE is 2021! We are looking forward to helping you. Give us a call at 843-839-9870 We have a ton of super helpful info to share. Talk soon.

[@jeffreymeland1495]

What's the biggest single factor to get the best ROI?

[@JerryPinkas]

Great question Jeffrey! But there isn't just a singe one because there are many moving parts. You should consider 3 ROI metrics together 1) listing price 2) rental income history 3) occupancy rate. Hope that helps answer your question. Fee free to call our office 843-839-9870 if you have any other questions. Thanks for watching and commenting.

[@stevecantwell7909]

Thanks Jerry. Alot of good information

[@JerryPinkas]

Thanks for commenting Steve. Glad you are getting a lot out of our videos. My team is super excited to help you put your plan into action :)

[@stevecantwell7909]

@@JerryPinkas We're excited too. Haven't met Scott in person but he's a nice guy and very knowledgeable and I'm confident my place will be sold real soon and we'll be one step closer to the beach.🌴

[@JerryPinkas]

@@stevecantwell7909 Putting a plan into action and making things happen! :)

[@MsKittie]

Consider what type of people you want to rent to also, so if you buy in ocean lakes your goign to rent to families if you go in dunes, youre liekly to get older cilents

[@JerryPinkas]

We do not recommend Ocean Lakes... feel free to give us a call 843-839-9870 and we will fill you in with the details.

[@markh3097]

Great information! Have you found buildings that were better at enforcing the no smoking on the balconies. You talked some about the condo locations maybe near dumpster or the grill where you smell trash or french fries all day. On the other hand if you have picked a great condo but people smoke on the balconies around it all the time, then it does seem to take away from the people looking for smoke free places. Not sure if this question matters in the big picture, thanks!

[@JerryPinkas]

Thanks for you comment Mark! If it is a concern there are resorts that have no smoking anywhere on the resort grounds. Many guests do like this, but that doesn't always translate into the highest cash flow. Just being honest. Just about all resorts are now no smoking rooms, but some resorts allow smoking on the balconies and of course on the beach as well. I am sure one day there will be no smoking in all resorts, because it has been trending that way. Glad your enjoying the videos. We have a few more videos being produced now and havent been released yet that are along these lines. Did you click the bell to get notified when we release a new video?

[@marianwheeler3816]

Loved, loved your videos. Wished I have watched your videos prior to purchasing one last February 5, was told will get a revenue report every 20th of the month. Come the 28th has not received any email nor letter, called the Accounting, revenue and resort manager all NO response at all. Why can't they just tell me there was no revenue because it was February. Just say something. Sad thing is I have to wait for 3 months to be able for me to take them out from their management and I will probably will put them in Airbnb. Was my very first MB STR, would like to have another one that's give a real cashflow. Would be nice if you can help me find a real good short term rental (STR) with real good history of cash flow. Thanks in advance.

[@JerryPinkas]

Ugh, I am sorry this happened to you. :( We can help get some real cash flow for you though! Give my office a call and lets set up some time to chat 843-839-9870

[@SB-rs8te]

Good video Jerry. Been watching your videos for probably a year or so. I have been looking at listings online as well. Looking for a good income producing property with a positive cash flow on the beach. In the hundred thousand dollar range. Give or take. I have been in real estate as an investor for many years both in Colorado and Minnesota. I am planning on coming down in my RV in early to mid October 2020. Would like to set something up with you to see what options are available and market directions during this Covid etc. Also if you have any ideas on where to stay in my class a while I am looking and until I purchase something permanent. Scott

[@JerryPinkas]

Sounds like a plan. Just give us a call 843-839-9870 to set up the best options and set the appointments for a property tour. Not all properties are deals. Some complexes you just want to avoid for all sorts of issues like, rental history, assessments, pending litigation etc. Just want to make sure you don't get into the wrong complex or have any other issues.Talk soon.

[@faizankut]

I'm in fl taking your advice and going to buy a condo investment

[@JerryPinkas]

Excellent Choice! Just make sure if you are buying it for investment that it will cash flow for you! So glad you are enjoying our helpful videos. Let us know if we can ever be of help to you.

[@skelecaster]

Hi Jerry, what is your opinion on The Deerfield communty condos in Surfside. They seem like bargains but is there a lot of flooding or other problems there? Thanks.

[@danbarry3043]

Great video, thank you for the content. I'm in contract on a 3 bed 3 bath in ocean creek resort. I personally liked the area from my previous vacations. Any thoughts good or bad in your experience in the area?

[@JerryPinkas]

Dan Barry Is your main priority cash flow? Or what you personally like?

[@danbarry3043]

@@JerryPinkas yes cash flow with future appreciation. I liked its proximity to barefoot landing and various other family activities. Naturally the family and I will use twice a year.

[@JerryPinkas]

We wrote a contract at ocean creek this week. Are you working with one of our team membres Bob Natale?

[@danbarry3043]

@@JerryPinkas not currently, working with Jan the onsite realtor there. This is my first investment, I look forward to working with your team on future investments.. I greatly appreciate your content!

[@MysteriousLux]

You move that camera way too much dude!! Too bad, cause I like your videos. But can't stand how dizzy you make me!!!

[@JerryPinkas]

Thank you for watching and commenting! So glad you enjoyed the content though! See you in the next video.

[@lillianpietri2000]

😇🙏💖👍

[@JerryPinkas]

Super glad you saw this video on cash flow real estate Lillian. Hope it was helpful to you

[@originalk9111]

This guy make no sense ,

[@JerryPinkas]

"This Guy" says thank you for watching and commenting, Mike, lol. Feel free to call our office if you have questions. My team and I have helped 1000's for people buy, sell and invest in real estate. We are here to help you to! Personally I have been investing in real estate for the last 36 years. Even when I paid 13% interest rates on mortgages I was investing. But over the LONG TERM, real estate turns out to be one of the best investment 'the common man' can get ahead. Reason, if you have a mortgage you only put out a portion of the value of the asset as a down payment, yet control an asset worth more. If the values do go down you only loose money when you sell! I remember back in in the 1970's when inflation just started kicking in, people never guessed there house values would increase by 250%. Its happening today again. But if you are investing always remember the cash flow. And Everyone needs a place to live and call home. Long term investments do pay off.