After seven years and three beach houses in Myrtle Beach, I’ve made my share of short-term rental mistakes, and last week I walked through a lot of them. This time I’m sharing the other side: the wins that keep me choosing to own and run these houses. I talk about the family memories we’ve made, why staying in a house set up for us matters so much while we travel full-time, and how these homes support both our guests and the local economy. I also walk through the numbers behind how they build wealth, why depreciation is really a deferral and not a true tax savings, why we moved up to higher-value oceanfront houses, and how we keep our equity working. If you own a short-term rental or are thinking about one, this is an honest look at what makes it worth it.
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Welcome back. I’m Adrienne Green. And here we focus on how real estate entrepreneurs can break free of the grind and create the freedom they wanted at the start. And today I am going to follow up to last week’s episode where I talked about a lot of my short-term rental mistakes that I have made. And so, as promised in that episode, I wanted to come back and share some of the wins from the short-term rentals.
For those who don’t know me, I am a real estate investor who’s done a lot of everything. And on these episodes, I’m specifically talking about my short-term rentals. Currently, I have three short-term rentals in the Myrtle Beach, South Carolina market. One, my first one, is a smaller two-bedroom, two-bath a few blocks from the beach. And then I have two oceanfront, four-bedroom, three-bathroom houses that are right next door to each other. We’re gonna talk about some numbers here.
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