Why buy a second home?

5 Good Reasons to own a vacation home in  Myrtle 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

Bernie McVeyXanadu

Tanya stayed in contact with us thru the entire process to ensure satisfaction

Randy 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 ...

Mike & Marge RzepkaEdgewater at Barefoot Resort

Lorene at Drealife Realty became a great friend. She was absolutely fantastic. We are really excited for the future.

Read More

Carol RechMargate Tower, Kingston Plantation

We are so happy to be new homeowners in MB and many thanks to Ben for helping us live our DreamLife! He was very professional, prepared, knowledgeable and efficient.

Read More

Tammy 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!

Read More

Jim & Betty RyanSummer Place, Cherry Grove

Wendy was a great agent and was very patient. She was always there for us.

Debra ShawGolf Colony

Our agent Deborah did an exceptional job for us. She made the whole process easy and fast!

Dana & FreddieBaywatch Resort

Tom was simply amazing, and is unsurpassed in meeting the needs of his clients'. He was focused on our needs and the efficacy of our budget. Tom was genuine, helpful and did not try to sell us what he wanted to sell, he helped us find what we wanted in our vacation home. His patience and excellent ...

Read More

Lorie 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.

BIll NeedhamAberdeen Buck Creek - Golf Course

I enjoyed working with Deborah Rhyne. She kept me up to date on our deal and has guided us in the right direction for goods and services in the area.

Larry PogacnikArrowhead

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

Read More

Brenda 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 ...

Read More

Mike Perna

Jeana was very responsive to our needs/questions. She gave great attention to customer service.

Read More

Laurel NiemanDeefield LInks

We absolutely loved Donna. She was friendly, efficient, and very knowledgeable. She helped us both with our search and all the closing issues which were completely foreign to us!  She was a pleasure to work with

Read More

Preston HughesMariner's Cove

Donna went above and beyond for us...

Read More

Bonnie Cleary

Jeana was great and very responsive.

Read More

Linda BouvetteSea Cabin

I enjoyed working with Deborah – she made the process very simple and easy.

Dave Pisarchik

I can’t say enough nice things about Dreamlife Realty,” Dave says. “They really listened to me and I felt like they cared about finding me a property that fit the needs and wants I had. The whole process was great.

Read More

Barb & StanParkview Subdivision

Donna made our Dream come true finding the perfect place for my wife and I to spend time and possibly retire too. She worked incredibly hard to make this happen even when we tasked her with multiple requests. Our family couldn't be any happier right now. Thank You for your hard work and dedication, Donna!

Read More

Stacy 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. ...

prevnext