Mike Harrington is the CEO & Owner of Carolina Retreats, a specialty lodging and vacation rental management firm serving more than 300 vacation property owners throughout the Cape Fear region. Before founding Carolina Retreats in
As we enjoy this fall season, it is important for vacation rental owners to continue to increase investment income. Maximizing tax benefits and understanding deductions can significantly boost off-sea ...
As we dive into this year’s fall season, we continue to focus on creating a healthy work-life balance. Many continue to work from home and search for a getaway where they can experience a new pl ...
Fall is officially upon us, but for vacation rental owners, this doesn’t mean that your investment income has to wane. A few refreshes, re-dos, and amenity additions could go a long way in boost ...
We’re in the middle of Hurricane season, but storms aren’t just seasonal things we deal with on the coast, here in North Carolina. If you own a vacation home, then you’re constantly ...
It is no secret that the real estate market is hotter than it has been in over a decade. A lot of factors seem to be playing into this. Record low interest, a squeeze on inventory, more and more peopl ...
Vacation rental revenue management is a broad field and setting a pricing strategy is no small task. It’s kind of like the early scene in The Lion King, when Mufasa takes Simba to the top of Pri ...
Owning investment real estate comes with its share of highs and lows. The joy of providing an exceptional hospitality experience and a knack for hosting can be very rewarding when you have guests that ...
The vacation rental market has made a few twists and turns along its journey over the last two decades. The industry has grown exponentially, with independent hosts, small property management companie ...
Last year around this time life as we knew it came to a screeching halt. One minute all was normal with kids in school, people planning their summer vacations, and going about their daily lives. And t ...
The key to optimizing a vacation rental property's performance? It’s all about understanding the Big Three: Occupancy, Average Daily Rate, and Revenue Per Available Rental Night. Identify ...
Questions Every Vacation Rental Property Owner Must Ask a Potential Property Manager If you own a vacation home, then you know that you can’t trust just anyone to manage it for you. Vac ...
By now most anyone slightly involved in short-term vacation rentals has at some level engaged with AirBnB and VRBO. While there are others like them, these two companies command the lion share of atte ...
In part I of this series we looked at detailed ways you can enhance your vacation or short-term rental properties to appeal to guests year-round. In today’s highly competitive onlin ...
If you have a home at the beach, it’s usually pretty easy to attract guests to your property during the summer months, but are you maximizing your home’s potential for guests year-round? ...
If you own a vacation or short-term rental, you know that maintenance and upkeep are always important, and at times, they can be overwhelming. But part of the value of enlisting a property management ...
Need a Fall Getaway? Let’s face it, the enduring COVID-19 Pandemic has weighed heavily on all of us. But Fall is a perfect time to visit the North Carolina coast because the water is still warm, ...
It’s been shown that when times are volatile, and investors feel uneasy about the current and near-term future stability of a market, they flock to safer investments. Gold, silver, cash, and Bit ...
Monteith Construction Announces New CEO
Staff Reports
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Jan 20, 2022
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After Inaugural Season, Live Nation Asks For 10 More Annual Shows
Johanna F. Still
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Jan 18, 2022
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Local Grocery Stores Cope With Supply Chain Disruptions
Scott Nunn
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Jan 18, 2022
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Ice Storm Expected To Cause Power Outages
Scott Nunn
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Jan 20, 2022
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Cugino Forno To Open In Soda Pop District
Scott Nunn
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Jan 19, 2022
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After just one year at Tier 2, New Hanover and Brunswick counties return to Tier 3 status, the least economically distressed ranking designa...
The new year is likely to bring a continuation of some current banking trends as well as some new developments affecting the industry....
This year, important facets of the Wilmington business scene are set to face significant changes....
The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.
