A short-term rental is a residential home unit or accessory building that’s rented out for a short period of time. The exact definition varies by location, but it’s generally considered to be less than one month. 

Short-term rentals are also known as transient rentals, vacation rentals, short-term vacation rentals, and resort dwelling units.  Short-term rentals can be entire homes, accessory dwellings, or individual rooms and are often seen as an alternative to hotels.  With the rentals being fully-furnished and providing many private amenities, they are a popular choice for vacations and relocations.  Carolina Vacays only manages single-family, condo or individual homes.  We do not manage rooms in someone’s home or Accessory Dwelling Units (ADU’s) at this time.

Generally speaking, a Short-Term Rental is a stay of thirty (30) days or less.  The term Mid-Term Rental has become very popular lately due to the need for those wishing a longer stay in a furnished home.  For example, those wishing to consider a permanent move to Wilmington or the surrounding area typically wish to “try Out the scene first before making the permanent move of purchasing a home.  Als , there are film industry People, displaced home owners due to insurance claims, And those who have sold their home and are awaiting The construction of a new home to be completed.  And yes, there is always the need for traveling nurses and medical Personnel.  These rentals are typically thirty-one (31) to ninety (90)-day stays. These rentals require a rental agreement to be signed to make sure the owner’s best interests are covered.  If a direct booking, an application must be completed.

Yes, short-term rentals can be profitable, especially in high-demand markets. However, profitability depends on many factors like location, property type, market conditions, competition and saturation, effective marketing, guest experience, and proper management. The rise of remote work and increased travel flexibility have also boosted demand for short-term rentals. Your Carolina Vacays agent will discuss your investment goals and will be happy to explain more in detail how to achieve your goals.

A large percentage of travelers have pets. You will need to decide whether or not to allow pets in your rental. The upside of allowing pets is that you open your rental to a larger pool of potential Guests and generally can charge higher rents.  The downside is that pets inevitably increase rental wear and tear. 

It is legal to refuse to rent to tenants with pets except for pets prescribed by a physician to address a medical condition or pets that serve as service animals. In fact, service animals are not defined as “pets” and are generally exempt from all pet rules or regulations.  You are not allowed to charge Pet Deposits or Pet Fees if the animal is classified as a service animal or emotional needs animal.

It is our experience that most Guests who travel with pets are extremely conscientious of their pets. We know this may be a difficult decision and we will to guide you throughout this process the entire way.

Wilmington has recently undergone a significant change in its approach to short-term rental regulations. Following a court decision, lodging providers are no longer required to register for short-term rental licenses, a move that simplifies the process for property owners and managers. Additionally, the city has removed its previous cap on the number of short-term rentals allowed within certain areas, as well as the separation requirements that dictated how close these rentals could be to one another.