Charlotte boasts a diverse selection of short-let properties, and partnering with a top property or Airbnb management company can take all the hassle out of hosting.
The skyscrapers of downtown Charlotte (Photo: James Willamor via Flickr / CC BY-SA 2.0)
Renting out a property for short-lets can be a lucrative venture, especially in a thriving market like Charlotte, where demand for temporary stays continues to grow. However, managing a short-let property involves a lot of work – from handling bookings to ensuring smooth guest experiences. This is where a specialist property management company can make all the difference. By taking care of everything from cleaning to guest communication, they allow property owners to enjoy the income without the stress. Here are three of the best companies to help you manage your short-let property in Charlotte.
Ziprent
Founded in 2017, Ziprent has built a strong reputation in the property management sector. Among their notable features is their use of state-of-the-art technology to streamline processes, helping to deliver substantial time and cost savings for property owners. This innovative, tech-driven approach not only helps enhance property value but also allows owners to find suitable tenants with ease. Pricing starts at a flat fee of $1,250 for tenant placement, with additional long-term management services available for $125 per month. In terms of the kind of rental income Charlotte property owners can expect, this varies by location and property size, but as a general guide, a 2-bed house in the city centre would command an average of $2,880 per month, while the same size home in the South End neighbourhood would bring in an average of $2,563 per month. At the less lucrative end of the scale, in the Steele Creek district, you can expect to earn an average of $1,688 per month.
One Fine BnB
Established in 2014, One Fine BnB is a full-service Airbnb rental management company dedicated to maximising your property’s visibility and boosting bookings to increase your income. Their comprehensive range of services is designed to enhance the guest experience, ensuring positive word-of-mouth and repeat visits. They handle all the day-to-day operations, from maintenance to smooth check-ins, taking care of everything a host would rather not deal with. When it comes to revenue, in Charlotte’s upscale city centre, you can expect to earn an average of $30,000 per year, while in the trendy South End, hosts typically see around $24,000 annually. At the other end of the scale, in neighbourhoods like NoDa, known for its artsy vibe and cheap rental rates, you could earn approximately $18,000 per year.
Carolina Property Management
Carolina Property Management has been around for over 20 years and is a go-to name for property owners in Charlotte. They take care of everything, from marketing your property and screening guests to handling maintenance and cleaning, so as an owner you don’t have to lift a finger. What really makes them stand out is their deep local knowledge. Their team is based right in Charlotte, keeping tabs on the city’s constantly changing property market. In areas like NoDa and South End, you can earn between $2,500 and $4,000 per month with short-term rentals, while places like Uptown and Dilworth can bring in $4,500 to $6,000. Even neighbourhoods like Myers Park and Ballantyne are bringing in $2,000 to $3,500 a month on average.