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Charlotte Property Management Blog

Short-Term Rentals Heating Up In Charlotte

Matthew Tringali - Wednesday, February 8, 2017

Short-term rentals are no longer just for pleasure vacations. They are now being used for business trips, visiting family or any other travel needs. Throughout 2016 we had several prospective clients ask us if we would manage their short-term rentals. As we did more research we observed that this is a fast growing market in Charlotte. We also crunched the numbers and saw that as occupancy rates rise there is greater profit potential with short-term rentals than long-term rentals. So, Group 15 Real Estate is now offering this service and it is going really well! If you are thinking of buying an investment property, as us about the potential of doing it as a short-term rental.

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