A special thank you goes out to all the amazing vendors and participants in this year’s VRM Intel in Wilmington, North Carolina this year. From the talented Amy Hinote as our emcee and organizer, the sessions included great feedback and information regarding the recent rise in property value, the ever-growing demand for housing in our areas, as well as what that means from a vacation rental management perspective.Continue reading Carolina Retreats Attends the 2022 VRM Intel Live!
As a professional property management company, Carolina Retreats takes nearly every burden away from the property owner. During hurricane season, the saying goes, “It’s hard to fight Mother Nature.” So, we don’t fight it, we manage it.Continue reading Property Managers Wear Many Hats Part Two: The Property Manager’s Role During Hurricane Season
We’ve seen it time and again.
A real estate investor purchases a property, with the intention of generating income as a vacation rental. Simple right? They decide to manage the property themselves, rather than spending to engage a professional property manager. Sometimes, that scenario proves successful…. but most times the reality is, unfortunately, very different.
It’s far too easy to underestimate the costs of managing a rental property. Everything from the potential technology investment to really understanding the time involved. Many times, managing a vacation rental is truly a hassle, particularly if the property is miles away from where the owner lives. In addition to the obvious things like routine maintenance, housekeeping, and pool/hot tub service, there are also many, many
For example, expenses for emergency services (what will you do if your hot water heater floods the property at 3 AM?) or choosing the right kind of sturdy furnishings, so that you’re not in a constant cycle of replacement. Or, in the realm of technology, choosing which PMS (property management system) best suits your needs.
And then there is pricing and marketing. The average investor is almost never prepared for the learning curve of these two critical components of managing and renting a vacation property.
Oh, and don’t forget customer relationships and retention. Does the average investor have a plan for nurturing guest relationships or how to respond to a negative review without ruining that relationship?
Probably not. That’s where we come in.
As a professional property management company, Carolina Retreats takes nearly every burden away. We have systems in place to handle every eventuality, and we can guide you through every step in creating an incredibly successful vacation rental.
It’s not just marketing and taking reservations…it’s much more. Our commissions are more than reasonable for the benefits and services we provide, most importantly, peace of mind.
We also provide:
- A dedicated in-house property care team, including professional housekeeping and maintenance services
- Preferred partnerships with local vendors
- A dedicated marketing staff who will create a custom marketing plan specifically for your property
- In-house designers who can make suggestions and assist in furnishing and equipping your property
- An online portal, which will allow you to keep up with every aspect of your property in real-time
At Carolina Retreats we give you the peace of mind that comes from knowing that it’s not all on you.
In part two we’ll look at some of the realities of Coastal Carolina and talk about how a professional property manager handles hurricane season, and how to handle damage to properties.
Part three is: Property Managers are advocates. Up close and personal with you, your property and your bottom line. There is real value in having a property manager for your vacation rental.
The Beach House at Oak Island recently finished renovations to the property after over nine months of work. Though much of the regular infrastructure was kept, the property has been enhanced with upscale rooms, modern conveniences added that you would find typically offered in the industry.Continue reading Carolina Retreats Unveils Their New Renovations For The Beach House at Oak Island
Surf City, NC – December 20, 2021 – Carolina Retreats, the leader in vacation rental management and niche hospitality services along the North Carolina coast, has announced the acquisition and partnership of Cadence Realty’s vacation rental management division based in Wrightsville Beach, NC. The newly combined division will now allow Carolina Retreats to offer vacation rental marketing and management services for property owners and guests from Topsail Island, Carolina & Kure Beach, Oak Island, and now Wrightsville Beach.Continue reading Carolina Retreats Announces Acquisition of Cadence Realty Vacation Rental Division
I would like to personally thank you for giving Topsail Realty the opportunity to manage your vacation rental home!
As always, we continue to invest time, energy, and funds in ways to ensure that our website and other chosen advertising venues present your homes in an engaging way while providing premier exposure of your homes and the amenities offered for vacation goers hoping for a holiday in an idyllic beach setting!Continue reading Operations Corner – What’s New!
There are times where we throw caution to the wind and go “all in.” There are other times to pause and carefully ponder the realities of what may be “coming around the bend.” Perhaps, after nearly 8 years of low interest rates and endless economic stimulants, we are now in the “carefully ponder” stage of economic realities. Now is a good time for property managers to be cautious. With patience and keen observations come immediate results. It’s the power of doing almost nothing.Continue reading How Current Economic Trends May Affect Property Management