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Waterfront Property Always a Reliable Investment

beachfrontThe South Carolina Sea Islands are a great place to own real estate due in great part to waterfront proximity. For both long term and attracting renter income, waterfront housing is great for generating reliable investment.

 
Income (or investment) property is among the most passive ways to generate return on real estate investment. Renting out a unit allows you to more quickly payoff your lien to increase your net worth. And there is little else an investor could ask for than income property in tourist destinations to maximize occupancy.

 
When targeting a rental market, the demand for waterfront is much higher than landlocked competition- even higher in demand than ‘waterfront access’ units. Nothing can replicate the magnitude of sitting seaside on vacation on a private deck with no one bothering you or telling you it’s time to leave. You can therefore charge more and expect little drop in demand.

 
For the same reason the renter’s market for a waterfront unit will always remain strong, so too will the buyer market. And with prevailing appreciation, you can add an even greater appreciation to waterfront units.

Tips for buying a luxury home

luxury homeBuying a home is a hard enough, stressful process, but purchasing a luxury home is a completely different monster. There are some tips and suggestions you’ll want to take into account when doing so, and these tips are outlined below.

1. Learn the luxury home search process

Many times, luxury homes will go unlisted and the reason for this is to protect the seller’s identity and privacy. More often than not, these types of properties will be found through a realtor’s connections.

2. Hire a local expert real estate agent

This step is critical in the process of purchasing a luxury home, because not only will they know where to find these homes, but they have a bit more control when accessing high-end properties in terms of fewer open houses and appointments.

3. Don’t decide based on photos

Always make sure you don’t dismiss any of the prospective houses based on their initial photos. A lot of times large homes aren’t very photogenic and need to be seen in person in order to appreciate them.

 

4. Choose your bank wisely.

It is very strongly recommended that you go to the bank that you have the best relationship with when purchasing a luxury home. The reason for this is because they already have your portfolio. This will make your life that much easier when purchasing any type of home.

 

5. Make sure to document everything

Anyone who makes a substantial amount of money has a manager or an accountant who helps shelter their money as much as they can, so it can be difficult for the back to see that you have the income. This is why it is so important to document everything because in the high-end market today scrutiny is at it’s highest.

 

 

Following these above tips should de-stress your home buying process and get you into that luxury home as quickly as possible.

Ocean View or Ocean Front

waterfront homesA home near the ocean, whether year-round or just for vacations, can be a relaxing, beautiful place to visit or live. With hundreds of homes built along and near the coast, many in the market are faced with purchasing property that is oceanfront or ocean view. While both of these options are appealing, there are differences to consider beyond the view.

Waterfront homes and buildings have a full frontal view of the ocean, situated right on the coastline. Water view homes, however, are typically further away the waterfront, but still within site and walking distance to the water. The view of the ocean from these properties however could be at an angle or only available from certain spots in the house.

A beachfront yard is great, but if there are structural or design problems with the house, you could end up spending thousands of dollars in repair. On the other hand, homes a few streets back from the ocean likely have less wind, sand and water damage. They are also at less of a risk when it comes to hurricane destruction.

You also must of course consider the cost of the house versus where it is located. Typically an oceanfront house will cost significantly more than ocean view. The homeowner’s insurance on an oceanfront house could also be increased too as the risk of damage is higher. If you are purchasing a vacation home, you could always rent it throughout the year to supplement the cost, something that should be considered when looking at the asking price for the property.

Considering the condition of the property, the distance from the ocean, the prices of the home and of course the view are all important components to the buying process. Weighing the pros and cons when it comes to each area can help you make the best, and most cost effective decision. Spending time in the area you plan to buy and looking at as many homes as you can before deciding are also common suggestions when it comes to your home purchase.

What Drives South Carolina Population Boom

Fripp IslandPlaces and regions have growing and shrinking populations for any number of reasons. No matter what the region, it must have a population to thrive. Some areas attract population with elements influenced by humans while some areas have draws much more profound.

 
The northeastern United States has always had the densest population in the country. This is where the pilgrims first landed and where the British established settlements back in the 17th century. It was subsequently established as the center of national commerce. Cities like New York, Boston, Philadelphia and Buffalo were booming until the mid-20th century. But as you probably know, weather in these regions can be unbearable in the winter months.

 
In the meantime, with advent of electronic air conditioning at the dawn of the 20th century- ironically in Buffalo, NY- scorching hot summers were made much more pleasant. This however opened the door for migration to the much warmer, sunnier southern region of the country.

 
The blazing hot summers south of the Mason-Dixon Line were then a tolerable tradeoff for the incredibly mild winters, compared to the ferocious northern winter weather. This gradually opened the door to migration from other parts of the country throughout the 20th and into the 21st centuries.

 
From 2000 to 2010, for example, the South grew in population by 14.3 million people to 114.6 million. This compares to the West having increased 8.7 million to 71.9 million, the Midwest having gained 2.5 million to 66.9 million and the Northeast having grown 1.7 million to 55.3 million. As a component to this above-average population growth, South Carolina grew 60million residents from 2013-2014.

 
From 2010 to 2014, the population of South Carolina was up 4.5% compared to the national growth rate of only 3.3%. Nothing can beat the draw of warm, sunny weather found in the Sunbelt- anytime in the near future, anyhow. This is why the region will continue to grow, attracting a growing population as long as a society exists, namely South Carolina.

Acclimating to Fripp Island Starts with Local Business

South Carolina Vacation Just like any new place you move to, acclimation and being on the same page as the locals gives you peace of mind. It boosts your confidence to call yourself a member of the locality. And now you’ve decided to pick the best coastal island in South Carolina, to own real estate and start a new chapter, you have to familiarize yourself with the way of life on Fripp Island.

 
Living on Fripp Island is a slower and more relaxed way of life with much milder weather than what you’re probably used to, which is obvious. Maybe tacking back the pace a bit once you’re officially on island time should be your first order of business. But what may take a little more familiarizing is to gather how well the community supports local and small business.

 
There are plenty of local businesses that any resident would pick over a big box or corporate retailer. It’s just the way of life valued and cultured across the Island. And whatever service and business you’re looking for, local Fripp Island businesses likely offer it. Everything from local coffee shops to technology services to grocery and fish markets are offered by local business.

 
So remember when you buy into Fripp Island, you’re doing so much more than simply buying real estate in the most beautiful corner of the country; you’re buying into a way of life. This is a way of life wherein you support your neighbor and appreciate local neighborhood ethics.

Vacation Homes Are Worth It: Now & For Years To Come

South Carolina BeachPerhaps you’ve been considering buying a beach home for years, or it’s a new idea that just popped into your mind. Either way, you’re on the right track. The professionals at Fripp Island Real Estate have helped hundreds of buyers find the perfect piece of real estate and reap the significant benefits for years to come.

Purchasing a coastal home forever provides you and your family a place to vacation. The days of finding the best deal and booking hotels are over. A vacation home is available whenever you want to visit, with as many people as you want. You can keep belongings in your vacation home as well so there is very limited packing and lugging suitcases. You can also decorate your vacation home so when you arrive, it feels like home instead of arriving in a hotel room that is bland, boring and sometimes even uncomfortable.

Spending time away from home and work in your vacation property is also good for the mind and body. This home away from home provides you and your family and friends the opportunity to relax, reduce stress and enjoy sun and sand. Vitamins from the sun and humidity from the ocean air can help ease headaches, anxiety and even depression. It’s also reported that time spent on vacation can help professionals be more productive and lucrative when they return to work.

Another long-term benefit of purchasing a vacation home is that is can also be used as a rental property. During the times that you are not using the home, you can rent it to other vacationers. In fact, renting you property for only a few months a year can help pay for the entire mortgage. Well-kept, accessible vacation homes are always in demand for families that travel and don’t want to stay in a hotel.

If this article has caught your attention and got you thinking about a vacation home, Fripp Island Real Estate is a good place to start. Searching for and buying a second home can be overwhelming, but industry professionals can make the process quick and simple. Before you know it, you and your family will be reaping the benefits of a vacation home like always having somewhere to escape to, overall improved health as well as passive income from renting out the property throughout the year.

South Carolina Sun a Draw for Vacationers, Investors

Coastal SCOff the coast of South Carolina is Fripp Island. This 3,000-acre barrier island is named after pirate ship captain, Johannes Fripp. Today, the three miles of beach and wildlife sanctuary draw visitors from all over the country. The semitropical temperatures make Fripp Island a great getaway for anyone that likes tanning on the beach, golfing, experiencing nature and trying the local fare.

Average temperatures of 85 degrees in the summer and 60 degrees in the winter provide a great environment for year-round visiting. In addition to the beautiful beaches and variety of golf courses, tourists can also freshwater and saltwater fish. For those that like water sports, kayaking is a prevalent activity along with dolphin watching that the whole family can enjoy. Bike and golf cart rentals are also readily available for visitors that want to tour the island at their own pace.

After a day of activities, seaside restaurants offer the best coastal food around. Local seafood is served is establishments from fancy dining to cafes and delis on the island. A visitor’s center on the island has a general store for every-day purchases, but also has a gift shop for souvenirs before you head back home. In total, Fripp Island has around 300 rental properties, which often have ocean views.

However, many properties are often on the market for sale instead of rent. Fripp Island has many private homes close to the ocean or golf courses that can be purchased as a seasonal or year-round residence. Investing in Fripp Island could provide your family a vacation home as well as supplemental income if you decide to rent it out during vacation seasons.

Hundreds of residents already live on the island. With all that the island has to offer, it’s a great place to be able to visit whenever you want. And on the other hand, it’s the type of place that other people want o visit as well, creating ongoing demand to rent your property.

Sweet Corn Chowder (Gluten-Free) Stock

 

Sweet Corn Chowder (Gluten-Free) Stock

To make your own chowder stock use:

5 to 6 ears of corn cobs

8 cups of water

1 tablespoon of freeze dried chives

Simmer for 45 minutes and strain. Reserve for your corn chowder receipe below:

5 to 6 ears of corn that was cut from the cobs

2 to 3 peeled and diced white potatoes

4 tablespoon of unsalted butter

1 teaspoon of kosher salt

1 teaspoon of sugar

2 to 3 stems of fresh thyme and tie together so you can remove stems before finishing your chowder

5 cups of your corn stock

Simmer above until potatoes are tender. Remove bundle of Thyme and about ¼ of mixture. You need to blend the ¼ of the mixture to use as your thickener, instead of using flour. That will make it gluten-free.

Add ¾ cups of heavy cream or half & half. Sprinkle with coarse ground black pepper. I always fry up several pieces of Board’s Head Pancetta (gluten-free) to top the chowder. Seve while hot. You can add grated g-free cheese, or your special hot sauce but I love to add Amy’s g-free ketchup to the top. This is so good!

If you don’t want to make your own stock and still stay gluten-free buy a bag of Frontier gluten-free “Illinois Prairie Corn Chowder” mix. All you add to this is your white potatoes, 8 cups of Pacific National Chicken broth –g-free or vegetable broth g-free if you want to stay meat free, 2 cups of heavy cream ( I use 1 cup of heavy cream and 1 cup of half & half), and 2 to 3 ears of corn cut off the cob

Frontier makes several hearty g-free soup mixes. They are all dried with no salt or preservatives. So now you have 2 corn chowders to try! Like my blog and more recipes will follow!

 

Fripp Island; A Cultured Island Steeped in History

Fripp IslandFripp Island, one of the most characteristic spots in South Carolina’s Sea Islands, is steeped in a rich history spanning the ages. Among the most remote and seaward of the Sea Islands, this tiny island community of only 3,000 acres off the coast of South Carolina is a year round destination for vacationers and locals alike.

Though Native Americans inhabited the Island for thousands of years prior, Fripp Island was first discovered by Europeans in the early 17th century. Fripp Island was named for the British Captain Johannes Fripp, charged with protecting Carolina from Spanish attacks throughout the mid-17th century. Pirates of the era are also suspected to have buried treasure off its shores, which is rumored undiscovered to this day. For about 200 years, the island mostly remained nothing more than a quiet private hunting range.

It wasn’t until World War II, Fripp Island real estate was seen as extremely valuable for defending American shores from Germany U-boats. The island hosted and housed mounted beach patrol from 1942 to the end of the war in 1945. For the hunters which frequented the island before the Coast Guard occupation, the remaining barracks following the war were welcome additions. They served as perfect hunting huts, serving as both shelter and camouflage.

It wasn’t until 1961 builders began developing Fripp Island real estate and in 1963 a bridge to the mainland was completed. This made the island much more accessible and ‘user-friendly.’ Today there are less than 1,500 privately owned homes and villas on the island. But there are more consistently under construction over the past decade and Fripp Island real estate is booming.

The rich history of Fripp Island has only contributed to the historic charm visitors enjoy. Enjoying everything from bird watching to beach going and sailing, Fripp Island is a vacationer’s dream. The mild winters, colorful falls and amazing summers beckon travelers from around the world to this historic and charming island any time of year.

SC Sea Islands Investor Hot Spot

Coastal South CarolinaThe South Carolina Sea Islands are a great place to own real estate. This is thanks in great part to the laundry list of activity the area offers and the tourism that follows. With so much to do pack onto some of the most relaxing barrier islands in the country, vacationers and residents alike will be hard pressed to run out of things to, do day or night.

The subtropical climate off the South Carolina lowlands is conducive to outdoor activity year round. In particular, Fripp Island- among the southernmost South Carolina Sea Islands- has a versatile list of options to partake in no matter what time of year. Averaging no colder than sixty degrees during the ‘cold’ months, any time of year is beautiful outdoors.

Offering vacationers’ access to the choice of two golf courses, 10 tennis courts and a total of six pools, this tiny, 3,000 acre Barrier Island is quite accommodating. And for those who like to slow the pace down and take it all in, there is some great bird and nature watching on the 3 ½ mile stretch of wildlife beach sanctuary. Companies also offer various salt and fresh water fishing charters.

And with about hundreds of rental units, Fripp Island is not only a vacationer’s playground, but also can be an investor’s potential golden egg. Not only is South Carolina real estate among the least volatile in the nation, the area around Fripp Island has witnessed the largest increases in the entire state throughout the 2nd and 3rd quarters of 2014, with nearly 14% average returns.

Income (or investment) property is among the most passive ways to generate return on real estate investment. Renting out a unit allows you to more quickly payoff your lien to increase your net worth. And there is little else an investor could ask for than income property in tourist destinations to maximize occupancy.