Investor · Portland · Member since 2018 · 26 posts · 8 votes
Hello all,
I've got a SFH in North Charleston, SC that I'm thinking about transitioning from a long-term tenancy to a STR situation. I do not live locally and do not have the bandwidth to manage communications or day-to-day issues.
Any recommendations for a good STR management company or co-hosting individuals in the Charleston / North Charleston area?
Property Manager · Portland, OR · Member since 2018 · 46 posts · 108 votes
7y
Hi, Gerich.
I own a management company based in Portland (hi, fellow Oregonian!) and operating in a number of cities. We are currently looking at the Charleston area. I own a half dozen of my own personal rentals in Pdx, Sf and NOLA, and we manage hundreds more. We’d love to talk!
Property Manager · Portland, OR · Member since 2018 · 46 posts · 108 votes
7y
Hi, Gerich.
I own a management company based in Portland (hi, fellow Oregonian!) and operating in a number of cities. We are currently looking at the Charleston area. I own a half dozen of my own personal rentals in Pdx, Sf and NOLA, and we manage hundreds more. We’d love to talk!
Realtor · Charleston, SC · Member since 2018 · 84 posts · 51 votes
7y
My wife and I manage a bunch of STRs in and around Charleston. North Charleston could have some success if you were close to the airport or some other feature. In Charleston the general rule of thumb is closer to the beach or downtown, the more rent you can get. We manage properties on IOP that bring in 12500 per week and are booked a year in advance. You wont see those returns in N. Chas, but in my opinion STRs is where its at.
I own a management company based in Portland (hi, fellow Oregonian!) and operating in a number of cities. We are currently looking at the Charleston area. I own a half dozen of my own personal rentals in Pdx, Sf and NOLA, and we manage hundreds more. We’d love to talk!
Property Manager · Portland, OR · Member since 2018 · 46 posts · 108 votes
7y
It depends on the size of the home, the income potential, the length of contract and how often the homeowner plans on using it for themselves. Our rates are between 20-30%.
I've got a SFH in North Charleston, SC that I'm thinking about transitioning from a long-term tenancy to a STR situation. I do not live locally and do not have the bandwidth to manage communications or day-to-day issues.
Any recommendations for a good STR management company or co-hosting individuals in the Charleston / North Charleston area?
Thank you!
Yea, get a co-host, a management company is going to take all of your money and doesn't make sense until you have multiple properties. You can keep using who you have now to manage the lawn care and stuff and then bring on an experienced co-host.
Investor · Charlotte, NC · Member since 2016 · 19 posts · 61 votes
6y
i would look into Evolve. My experience with them has been steller and they charge 10% fee. Very organized and solid processes. Look them up as they have hundreds of thousands short term rentals under management.
Property Manager · Charleston, SC · Member since 2017 · 1 post · 0 votes
6y
Gerich, I just saw your post from 10 months ago. Not sure if you are still thinking about STRs at your North Charleston house, but we'd be happy to talk with you about our STR program and provide you with a pro forma projection for your house.