Phone: (803) 256-2184
Fax: (803) 779-3255


10 Reasons to Hire a Professional Property Manager

1.            Setting the right rental rates: While looking online to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing your monthly income and maintaining a low vacancy rate.
2.            Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Property management companies have efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow.
3.            Marketing and advertising your property: Through long experience, a property manager will know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.
4.            Finding the right tenants: Experienced property managers are experts at finding good tenants, and will take care of all the details, including the securing criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references.
5.            Managing tenants: In addition to finding good tenants, a property management company will manage all aspects of the tenant-landlord relationship. The property manager will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.
6.            Managing vendor relationships: Property management companies have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate. Not only will your property manager get you the best work for the best price, they'll oversee any necessary maintenance projects.
7.            Ensuring that you're in compliance with housing regulations and property laws: There is a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property. These include local, state and federal regulations, as well as fair housing regulations (such as the ADA). A property manager can help you avoid lawsuits by keeping your property up-to-date and in compliance with these regulations.
8.            Enabling you to invest in geographically distant properties: If you manage your own properties, you're pretty much limited to investment opportunities within a tight radius of your own home. By hiring a property manager, you can take advantage of investment deals in any location you wish.
9.            Maximizing the profitability of your time: By having a property manager take care of the day-to-day aspects of running your income property, you are free to spend your time identifying further investment opportunities or otherwise furthering your career.

10.         Maximizing the profitability of your money: Most property managers charge a percentage of your property's monthly rental rate in exchange for their services. The rate typically runs anywhere from 8-12%.


Healthy Air Conditioners

We are having a beautiful spring but with summer upon us we will be turning on those air conditioners.  Make sure you change the filters in your units before using the unit.


Proper Use of Washer Dryer Hookups

One of our tenants rents an apartment with washer and dryer connections but have NO washer. The community is 29 units and they come up with the idea that they can connect a water hose to the washer connection and wash their cars outside in the parking lot. They said they reviewed their lease and it did not say they could not wash their cars on the property. They said that since they have no washer and are not using water for washing clothes that using water to wash cars should be ok. We saw this, sent them notice that they violated their lease and we assessed damages to them. They used connections for appliances and fixtures that were not installed for such a purpose. They used the property in a manner other than designed. They did not use provided fixtures and outlets in a reasonable manner. Our lease addresses this in section 6, items #1 & #5. One person's washer connection is another's car wash?

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3145 Carlisle St. Ste 104
PO Box 50542
Columbia, SC 29250

Phone: (803) 256-2184
Fax: (803) 779-3255

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