Owning a rental property requires you to wear a number of hats. You are more than just an owner; you’re also where the buck stops when it comes to maintenance, insurance, utilities, rent collection, conflict resolution and adherence to local laws and municipal codes. It’s a lot to take on, but it’s all worth it […]
When an individual acquires a rental property, they tend to envision it as an extra income source that requires them to do very little work in exchange for the benefits it will provide. But owning a rental property — and getting the most out of it — isn’t quite so simple. The property has value, […]
As homeowners, we tend to treat our property very personally. That’s great! You’ve worked hard for your money, purchased wisely, and are proud of your property investment. I believe there is something ingrained in most of us that forms a special bond with our homes. However, for the investment property owner, it’s sometimes easy to […]
It’s no secret that real estate values are at an all time high in the greatest city in the world (That’s Charleston in case you had any doubt). With that comes elevated rental rates and investment property ownership has never looked so good. The savvy investor understands that it is important to do everything possible […]
There is no doubt, being a landlord can be tough. There are a number of tasks that need to be done well in order to be successful. From endless tenant screening, to 3:00AM maintenance requests, accounting, inspections, property upgrades, and lengthy and confusing laws; it is no wonder why people hire property management companies to […]
The first question rental property owners often ask themselves is “Can I afford a professional property manager?” As you consider the answer, there are a number of additional questions you should ask yourself: What effect on my lifestyle does the day-to-day responsibility of the property have? If I don’t keep up with necessary maintenance, what will happen to […]
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