Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just imagine a conveniently deceased eccentric rich uncle you never heard of has just left you $1,000,000.00 with instructions to move to Charleston, buy a house, and spend the remainder as you please. All things considered, where would you choose to live in Charleston?
I would buy a house on Isle of Palms outright, then rent it out in the summer to help fund my living expenses during the rest of the year. I would expect to have to work, as well though.
I would buy a house on Isle of Palms outright, then rent it out in the summer to help fund my living expenses during the rest of the year. I would expect to have to work, as well though.
I had retired friends who did that every summer. They hopped into their camper and drove all over the country. It was a good life for gypsies. They would meet up with other gypsy friends at the KOA parks.
I had retired friends who did that every summer. They hopped into their camper and drove all over the country. It was a good life for gypsies. They would meet up with other gypsy friends at the KOA parks.
Even without a camper some of those KOA cabins have gotten pretty fancy. If my kids were grown and my dogs were about a hundred pounds smaller I would consider it!
$1M? I'd buy a fixer-upper as close to Battery Park as I could get, hopefully with the possibility of a water view. If there weren't any available, I'd likely focus on Harleston Village or South of Broad, and look for the homes with the largest yard possible. There are some nice ones on Broad Street, Queen, King and Bull that I'd love to have.
If the goal was to maximize the use of the cash to save for cost of living, then I'd also look at less expensive homes/fixer-uppers in Wagener Terrace and Hampton Park Terrace.
If the goal was to generate yearly income, I'd buy the commercial listing at 27 Broad street next to Oak that has shops downstairs, and apartments above it, live in one of the apts, and lease out the rest of the bldg.
If the goal was to generate yearly income, I'd buy the commercial listing at 27 Broad street next to Oak that has shops downstairs, and apartments above it, live in one of the apts, and lease out the rest of the bldg.
I LOVE this idea!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.