When it comes to operating a legal short-term rental (STR) in downtown Charleston SC, there's a lot to learn. The landscape of STRs on the Charleston peninsula has changed rather dramatically in the past few months. In April 2018, after years of deliberation, the City of Charleston finally passed judgement on STRs and announced new regulations limiting STRs throughout downtown. This came as quite a sting for those operating illegally within the city limits and has caused much angst among local short-term rental owners. On the flip side, many of those who have been lobbying against STRs in residential neighborhoods came out grinning from ear to ear. Here's a primer for what you need to know to legally rent short-term within the downtown city limits of Charleston. Get your pencil and paper ready, you'll want to take notes!
As the year comes to a close, when we pop the bubbly at midnight we will be celebrating a year of growth and accomplishment here at Luxury Simplified Retreats. This past year brought significant change and exciting opportunites - from adopting a new booking software system to help us maximize occupancy for our property owners, to adding 4 new properties to our luxury portfolio, and doubling our annual reservations. Here are some of our best moments from 2017. We also look ahead to the new year and the adventures awaiting Luxury Simplified Retreats.
In today's client-centered business environment ratings and reviews are crucial for all different types of business. Hotels and restaurants are some of the most widely reviewed businesses, with vacation rentals being subject to the same rating scrutiny, if not more so, given the uncertainty that surrounds them.
The opportunity to build a home that you intend to use as a vacation rental in Charleston SC can be both exciting and daunting at the same time. And, although it may be a little more time consuming, starting at the building stage to design your home for the purposes of a vacation rental can be very advantageous in the long run. There are a number of things to consider when building a vacation home as an investment - and savvy, well thought out choices will enable you to maximize your revenue potential while ensuring happy guests along the way.
Welcoming a new property to our portfolio is an exciting part of our job, particularly when we have been heavily involved in its progress. This project was another one that offered us the chance to work in conjunction with the team at Luxury Simplified Construction. Located at 1 Todd Street, this home had been a dilapidated building for many years, having experienced a fire back in the 1990’s with the piazza finally collapsing in to the street in 2015.
Purchasing a vacation home in Charleston SC can be a lucrative investment. Whether the purpose is to rent it out to vacationers for financial gain or purely to use as a second home, it is important to ensure that you have a reliable and responsible property manager. With the new year approaching, what better time to re-evaluate your options for 2018. Take stock in your property, how it's performing and your occupancy rates, and see some of the top reasons to change your Charleston SC property manager in the new year: