Beaufort Property Management

Today we are going to talk about the 1031 Exchanges. We are going to help you determine what it is, and help you decide if you should use it for your real estate investment strategy. The 1031 exchange can be a powerful tool.    What is capital gains tax?  Capital assets are investments such as…

When the end of the lease is near, you have a decision to make, renewing the lease agreement, or finding another tenant. If you have bad tenants, there is nothing to consider, don’t renew the lease. On the other hand, if you have tenants that pay rent on time, take care of the property, and…

Tenant turnover is inevitable with rental property investing so having an efficient process for handling this is essential.  Being prepared will save you time and money. Today we are going to talk about how to prepare your rental for tenant turnover.    What is a turnover?  When your tenants move out of your rental property,…

“Arg!  My tenant keeps calling me for repair requests!  What can I do to spend less time and aggravation on these items?”   Have you ever felt that you spend too much of your energy handling tenant issues regarding maintenance? Maintenance is a huge part of property management, and also gives owners the biggest headaches.…

Learn how to avoid a lawsuit Being a landlord is not as easy as it seems. As a landlord, you are full of legal responsibilities. You need to be aware of all the federal laws, state laws, and local laws, and more importantly, you must not only know your legal obligation but really understand them…

“Yikes, my tenant is smoking inside his rental unit!  What can I do about it?” Some laws regulate smoking in shared areas, but what about rental properties? Smokers are not protected under the Fair Housing Act or any federal law. This means that as a landlord you have the right to prohibit smoking in your property.…

As owners of rental property, we all dread the unexpected call from a tenant requesting to break the lease. What is your plan if this happens? As a landlord, sometimes you will find yourself in a situation where your tenant wants to move out before the lease ends.  It is important that you know how…

People all around the world are concerned about their health and well-being, as well as the business implications, related to the spread of the Coronavirus. Our first priority is the safety and well-being of our owners, tenants, vendors and our team. As you all know the challenges presented by COVID-19 have continued and we know…

Do you own a rental property and have been managing it for a while but you are not enjoying it? Having a rental property can be a great way to get additional cash flow, but it comes with its sets of responsibilities. Unfortunately, most people don’t know that being a landlord is a full-time job,…

Deciding if you should rent your home can be a tough decision. There are several factors you need to take into account before deciding if it is a good idea to rent out your home. The first factor is knowing if you will have a positive cash flow. You also need to know if there…