Have you ever dreamed of owning an Airbnb? Short term rentals are creating a buzz in Greenville as more visitors are discovering our gem of a city.
Joan Herlong & Associates Sotheby’s International Realty Realtor Associate Jessica Kilcoyne is a boutique short-term rental host herself (take a peek at The Pettigru House) and shares tips for investing in rental properties in Greenville and beyond.
Whatever market you’re planning to invest in, work with a local real estate expert to provide guidance when it comes to:
- Zoning codes and regulations that impact rental properties — Greenville’s short-term rentals, for example, require proper zoning and licensing to operate.
- Analytic tools to run projections and potential investment returns — When working with short-term rental investor clients, Kilcoyne recommends AirDNA as the gold standard.
- Resources to assist with property set-up and management for an optimal guest and owner experience — Whether you plan to self-manage or hire a property management company, there are best practices + resources to help.*