B&B
#62
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Joined: Oct 2017
Posts: 17
Re: B&B
You should be able to get a nice house in a nice neighborhood for much less than that in SC. At the prices you mentioned you're on the edge of what would be considered to be luxury housing, .... and taxes will he more and a property manager would probably want more to manage it for you. At the high 200's range upto $300k I think the running costs would be more as I had been assuming an average-sized family home around $150-$200k when I threw down some numbers totalling $800/mth. I would guess that the numbers will increase in proportion and you'd be looking at around $1,200/mth for a $275-$300k home.
Also watch out for the insurance because policies in the US typically stipulate that you can't leave a home vacant for more than 30 days or it will revert to a basic fire and catastrophic damage policy.
Also watch out for the insurance because policies in the US typically stipulate that you can't leave a home vacant for more than 30 days or it will revert to a basic fire and catastrophic damage policy.