Tuesday, May 31, 2011

Charleston AFB - To be a Landlord, or Not to Be... That is the Question


It’s a great time to invest in Charleston military real estate, but the day to day responsibility of maintaining a rental property can be overwhelming for some owners.  For some, the solution is to hire a Property Management group.  If you’re not certain if this is the right thing for you – here are some things to consider and some reasons why a Property Management group may be a good solution for you.

How Much Rent Per Month? – Professional Property Managers have extensive knowledge about Charleston rental rates and can determine the highest rental rate possible for your property. Today’s internet savvy tenants will know if your property is overpriced - and overpriced properties will sit empty.  A vacant property does not a good investment make…..

Choosing the Right Tenant - Professional Property Managers require detailed applications, along with photo ID from each potential tenant and will run criminal background checks as well.  They will also check the tenant’s credit history and call past and present employers, landlords and other references.

Marketing Expertise - Professional Property Managers have invaluable experience in how to best market your Charleston AFB property and will maximize your property’s exposure – providing you with a qualified tenant FASTER! 

Getting Paid - Professional Property Managers have proven methods in place to improve timely and consistent rent collection.  This means money in your pocket FASTER – and consistent cash flow is the difference between succeeding and failing as a real estate investor.

Inspection Reports - Professional Property Managers perform property inspections before, during and after a tenancy.  Faults in your property that are found quickly can be resolved before they become expensive items of disrepair. 

Property Law and Regulations - Professional Property Managers have extensive and up-to-date knowledge of property laws and regulations and will assist you in making sure you are in compliance with Charleston, South Carolina and federal rules and regulations. These rules and regulations include complying with fair housing regulations, the Americans with Disabilities Act and other applicable local, state and federal laws.

Financial Records and Security Deposit Escrows - Professional Property Managers will manage your security deposit escrow funds and make sure you are in compliance with local and state regulations.

“My toilet is overflowing!” - Professional Property Managers will handle the dreaded late night emergency maintenance calls and tenant headaches.  Imagine never again having to get the 1am phone call!

Bottom Line – When you own a Charleston rental property, consider your options and decide what is best for you.  Some home owners make great landlords, while others simply do not have the time, the experience, or the desire to do the job.   Speak with a full-service Real Estate agency or Property Management company for more information. 




Torri Jacobsen, Military Homes of CharlestonBuying or selling a home doesn’t have to be hard, but choosing the right Realtor DOES make a difference. I specialize in making first-time home buying a great experience for military families moving to the Charleston, SC area. Call (843-475-9313) or email today, and let’s make this your best move yet! You’ll feel right at home with me.   Email Torri or Visit Me On Facebook!

Jodie Hurt, Military Homes of Charleston
I specialize in helping military families enjoy a smooth PCS in and out of Charleston. I have a passion for helping people, and I love what I do. Call me and let me make this the easiest PCS yet!  Email Jodie 



About Military Homes of CharlestonMilitary Homes of Charleston is part of the Exit Realty Charleston Group and is a full-service real estate team based in Charleston, SC.  We understand the appeal of living in Charleston and the challenges that come with moving to a new neighborhood or state. So whether you’re looking to buy a dream property or sell one, we can help.