Vacancies
A vacancy is the number one cause of money loss. Property owners lose thousands of dollars because of prolonged vacancy periods. It is typically the highest expense for a rental property and you need to avoid them as much as possible. A vacancy can happen for several reasons: A tenant might decide to move because…
Read MoreSelf-Manage Your Investment Property
Many property owners don’t want to hire a property management company to save a few dollars, but self-management comes with its own set of challenges. Property management requires a lot of time and energy. In order to decide what option is the best, you must be aware of and understand the duties you will be…
Read MoreLandlord Insurance
Whether you own one rental property or 200, you want to make sure you and your investments are properly protected. Global warming increases natural disasters. They are becoming more common, 2018 was the fourth-costliest year for natural disasters in history, according to MunichRe. They cost $160 billion, of which only half was insured. As a…
Read MoreWhat is Included in the Tenant Application Process in Beaufort, SC?
Choosing a tenant is both an art and a science. You’ll need to use the data that’s available to screen your applicants before offering someone a lease. Once you have a prospective tenant who is interested in applying for your property, collect an application fee and provide an application form that’s thorough. The application must…
Read MoreLease Signing
The lease signing is your real introduction to the tenant. This is your opportunity to set up the standards and outline what your expectations are during the time they live in your property. The lease is a legally binding contract. It is a formal contract between the tenant and the property owner, or a representative…
Read MoreThe Best Ways to Handle Renting to Pets and Service Animals in Beaufort, SC
Pets can be difficult for rental property owners in Beaufort. Everyone loves their animals. More than half of the population has at least one dog or cat, and those pets are considered part of the family. So, if you don’t allow pets in your rental home, you’ll likely have a harder time renting the home…
Read MoreTenant Onboarding Process
The tenant onboarding process is the tenant’s first impression of you as a landlord. This is where your tenant-landlord relationship will start. Remember customer satisfaction is the key to any business and property management is no exception. So, as a landlord, a good tenant relationship should be a priority. The tenant onboarding process is a…
Read MoreHelpful Hints to Market Your Beaufort, SC Rental Property Successfully
A good marketing strategy for your rental property will help you in a number of different ways. You’ll reach a larger pool of tenants, which means you’re likely to end up with a more qualified renter. You’ll rent your home quickly, which means you’ll save money on vacancy costs. And, you’ll have an opportunity to…
Read MoreMilitary Personnel on Active Duty: How Do You Protect Your Beaufort Home While Away?
Members of the military and their families are often at the mercy of their orders, and if you’re on active duty, you know you can be sent to another base at any moment. When this happens, you might instinctively think you need to sell your Beaufort property. However, you might want to consider renting it…
Read MoreMain Inspections You Should Conduct
Purchasing a rental home is probably one of the largest investments you will ever make. You want to keep your investment in great shape. Lack of regular maintenance to your property could jeopardize its value. Property inspections are vital, and they can prevent problems before they become serious issues that can lead to costly repairs.…
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