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  • Why buy a second home?

Why buy a second home?

5 Good Reasons to own a vacation home in  Myrtle BeachFamily enjoying second home at the beach

INVESTMENT

The real estate market has always been cyclical. Property values tend to fluctuate. However, over the long term, property is an asset class that has a history of
delivering solid returns year after year. After all, land is a finite substance! It is even scarcer in coastal areas.

REDUCED TAXES
A second home does not have to sit unoccupied while you are away. If you rent your property for no more than two weeks during the year you can keep the revenue
tax free! The mortgage, interest and property taxes you pay for the property are completely deductible from your gross income!  Here are some more tips on tax benefits for owning a second home.

RENTAL INCOME
You can elect to rent out your property more extensively while you are away. This is a great way to help cover the costs of ownership. Renting the property out to
other vacationers makes it possible for many of our clients to be able to purchase their “dream life” home. Generally, the more expensive the home, the higher the
rents you can expect. In the section below on taxes you will also see the tax and financial benefits you can achieve when renting your second home.

TRADITIONS
A second home is the beginning of a legacy for your family. There is something to be said for the familiar comforts of a “home away from home.” When you return to
the same location, year after year, you have the opportunity to establish long-term friendships with area neighbors and your family has the chance to catch up with
each other’s lives in a relaxed, enjoyable atmosphere. You also have the option to pass it on, so that future generations can enjoy
an inheritance of great memories and take advantage of the opportunity to pass down family traditions.

RETIREMENT
You worked hard to get where you are – now is the time to enjoy it. When you buy a second home, you gain the advantage of owning and enjoying property in a
prime location even before you retire! And if you decide to make your second home your new primary home, the transition will be seamless. Many of our clients are
buying their dream home now in order to secure their future residence.

Testimonials


What Dreamlife Clients are Saying
Lisa StewartLisa StewartOcean Forest Villas
We had the greatest experience working with Deborah Rhyne purchasing our vacation condo. She was very knowledgeable about the property we purchased and their HOA. She gave us bank, insurance, attorney and home inspector references. She also referred someone we could get furniture from since our condo was purchased unfurnished. This experience was far better than when ...
Linda BouvetteLinda BouvetteSea Cabin
I enjoyed working with Deborah – she made the process very simple and easy.
Bonnie ClearyBonnie Cleary
Jeana was great and very responsive.

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Stacy BaumgardnerStacy BaumgardnerBarefoot Resort, North Myrtle Beach
I was very fortunate to find Wendy Howard as my realtor. She went above and beyond to help me find what I was looking for. She was very sensitive to my needs and was very easy to talk to. Wendy always returned phone calls very quickly and I never felt line I was putting her out. ...
Lorie BeamLorie BeamSea Gate Villas at SeaWatch Plantation
Wendy was very professional. She didn't push, she was attentive, she was responsive, she gave good advice. I will have her assist my mother in purchasing a home and my future investment properties.
Terry McManusTerry McManus
Finding and purchasing property at North Myrtle Beach can be difficult and confusing. Jeana did a fantastic job helping me find and purchase the perfect vacation/investment condo and couldn't imagine doing it without Jeana Burstein's assistance. Jeana made a complicated process simple and fun.

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Mike & Marge RzepkaMike & Marge RzepkaEdgewater at Barefoot Resort
Lorene at Drealife Realty became a great friend. She was absolutely fantastic. We are really excited for the future.

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Brenda JonesBrenda Jones
Jeana was amazing. She was a jewel! She listened to what I was looking for in a vacation home and located many amazing properties for me to view. She never rushed or pressured me. She made me feel like a special client even though I am sure my price point was low end. Also, an issue arose ...

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Randy HoodRandy HoodSea Watch Plantation, Myrtle Beach
Tanya was always available for questions and obtained documentation on any and all issues that we had. Also she was very helpful during the closing by making sure that both myself and the seller were on the the same page. This was a complicating sale and Tanya made it seem simple. I will continue to ...
Preston HughesPreston HughesMariner's Cove
Donna went above and beyond for us...

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Debra ShawDebra ShawGolf Colony
Our agent Deborah did an exceptional job for us. She made the whole process easy and fast!
Nancy TimmermanNancy TimmermanWaterway Landing
I enjoyed working with Deborah Rhyne very much. I felt she was honest with me and I really trusted her. She really seemed to understand my wants and needs. When the time comes that I need a real estate agent, I will certainly call her.
Mike PernaMike Perna
Jeana was very responsive to our needs/questions. She gave great attention to customer service.

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Tammy FreemanTammy Freeman
Jeana was amazing always easy to reach and communicate with she was on top of making sure everything was a smooth process for us living out of state we were concerned but did not need to be we are very satisfied with the way she handled everything!

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Betty ReynoldsBetty ReynoldsGolf Glen Villas
By all means,if you want a carefree experience in purchasing a home, please note, Tom McLane makes this process a very pleasant and exciting adventure. All our needs were met. Always available for any of my questions or concerns. I can't say enough great things about Tom. I was totally new in this area and he ...

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Sheila NealSheila NealTilghman Beach & Racket
Deborah is a jewel. She has been very helpful throughout the whole process, from the time I started looking until after I purchased a condo which was almost two years. She never treated me as just making a sale.
Richard HedrickRichard Hedrick
Jeana was extremely helpful every step of the way from the offer to the closing. Jeana was the perfect agent for me. She was very helpful and accommodating to my questions and concerns. Did a wonderful job when I failed to line up a home inspection and was able to help facilitate it with out interrupting the ...

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Bernie McVeyBernie McVeyXanadu
Tanya stayed in contact with us thru the entire process to ensure satisfaction
Delia KangianDelia Kangian
Jeana was very knowledgeable and experienced. The most important thing for me was that once we made the contact with her, she didn't harass us about making the sale. We knew we would, but wanted to do it at our own pace and she respected that.

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Larry PogacnikLarry PogacnikArrowhead
Realtor Tom McLane was very knowledge and found us exactly what we were looking for.

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How to Buy Vacation Home - Myrtle Beach

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Dreamlifer Spotlight

Stacey Baumgardner, an elementary teacher from Ohio, cherishes the childhood memories of summer holidays on the Jersey Shore. When she retired from teaching she knew she wanted a vacation home near the coastline. Stacey mentioned her idea to her … [Read More...]

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