Rental Sharks Circle Charleston Home Owners

Mon, Jan 13th 2020 6:41 pm by Jesse Nelson City News

Short Term Rentals

You have probably heard stories of friends or family making good money from short term rentals. With the popularity of short term rentals advertised on platforms like AirB-N-B, many active home buyers are looking for homes that provide the potential to make passive income from renting a room, carriage house or section of the main property. For quite some time there was the proverbial "Wild West" in Charleston with rentals all over town going unchecked by code enforcement. Those days are over. 

Today, Charleston City has a relentless team of Code Enforcement officers ready to find and PROSECUTE, that's right PROSECUTE, homeowners for providing short term rentals to guests without proper...

No comments

Charleston is Ranked #1 Again !

Wed, Jul 11th 2018 3:09 pm by Jesse Nelson City News

Travel and Leisure Magazine have ranked Charleston #1 again for the 6th year in a row. In the reputable World's Best Awards for 2018, our city fittingly called "the jewel of the South Carolina Coast" kept its title as the best of the best place to live in the country. The magazine went on the recognize our allure of culture, business influx, and "revitalized energy".  We have much to be thankful for here in the Lowcountry. Let's tip our hats to a great position on the world stage of real estate! 

No comments

What Does Weather Have to Do With Real Estate?

Mon, May 14th 2018 9:24 am by Jesse Nelson Tax News

Real estate experts and meteorologists have some things in common-predictions and the ability to make forecasts. These professionals have been blessed with the gift of foresight. Meteorologists can predict if it will rain heavily on a particular day or if the intensity of the Sun will be high. Real estate experts can predict how the cost of buildings will be within the next 12 months.

More often than not, the predictions of these experts do not always come to pass. Meteorologists might forecast the direct opposite of what eventually happens. According to weather forecasts, there will be freezing temperatures which will last a fortnight across the United States, starting from this weekend...

No comments

Short Term Rentals in Charleston? Yes, but with some cavaets

Fri, Apr 13th 2018 3:01 pm by Jesse Nelson Tax News

Since short-term rentals started sprouting up throughout Charleston about four years ago, setting up of online sting operations has become one of Charleston’s only options to enforce its ban on them. To find out the lists of places where short-term rentals weren’t allowed, a handful of livability officers such as Airbnb and HomeAway would pose as visitors on booking platforms. However, just 77 cases have been successfully prosecuted to date since the industry has expanded to nearly 2,000 properties across the area of Charleston. This shows that they do not have the resources or the time to keep up with the rampant violations. The free-for-all is coming to a close after a year-long process...

No comments