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Steps to Take Before Renting Your Property | Property Management Companies in Charleston SC

Property Management Companies in Charleston SC

Many people want to get into rental property investing to earn extra income while they are retired, spend time on other businesses, or keep increasing their assets. However, sometimes people become landlords by accident through inheritance or needing to move without selling the property they already own. However, having an empty home doesn’t mean it is ready to be put on the market for rent. Property management companies in Charleston SC have been able to assist hundreds of owners in getting their properties rent-ready. 

How to Get Rent Ready

There are many different steps to getting a property ready to rent to tenants:

  • Building Code Inspection:

    A property owner should ensure the rental home is up to code and can pass any inspection that would be needed in order to pass for a sale. Properties should be safe before renters move in and safe, up-to-date properties will require less maintenance in the long run. 

  • Renovations and Updates:

    Addressing any code violations and making renovations that will make the home modern and more up-to-date will not only help you rent faster but also be more competitive at the top of the market rent price.

  • Landscaping:

    Muddy yards, dead trees, and broken sidewalks could turn potential renters away. Investing in professional landscaping and lawn care will make your properties stand out and increase curb appeal which will also allow you to be competitive on the rental price. 

  • Property Management Companies Team:

    Before tenants move in, you should be ready to address all facets of being a landlord including rent collection, lease enforcement, maintenance requests, and more. Property management companies in Charleston SC can be great partners in making sure all of your list is checked off before you take the next step. When you work with a property management team, you also have all the professionals you need under one roof including maintenance! 

Getting your rental property ready for tenants to move can be overwhelming, especially if it’s the first time you are renting to someone. Let a property management company like Scott Properties help you get on the right footing so your investments will have the maximum return. 

Contact Scott properties today at 843-790-4929

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Property Management Companies in Charleston SC | 2022 Property Management Trends

Property Management Companies in Charleston SC

The last few years have been nothing short of a roller coaster for property management companies in Charleston SC and everywhere else around the world. Many companies had to quickly transfer most of the operations to digital formats, including showing rental homes, meeting with investors and vendors, and leasing properties during the COVID-19 Pandemic. However, in 2022 property managers and property owners are now in a place where they know everywhere they need to invest to move forward successfully in their businesses. 

The top trends for property management companies in Charleston SC are the following in 2022:

  • Investing in Legal Services:

    The covid-19 pandemic has opened up investors’ and property managers’ eyes to the need to prioritize legal services. When eviction moratoriums are put into place, rental property owners and managers need to know what recourse they have to protect their investment. Having a legal advisor on staff is a trend every property management company should invest in.

  • Digital Property Management Tools:

    Most professional property management companies in Charleston SC have been using digital tools in their business for some time. The last few years have shown a need for more detailed reporting and communication which has made owner portals more popular than ever. Resident portals are also a super convenient way for tenants to make maintenance requests, pay rent online, make referrals, or send messages to management. Property management companies are also upgrading their websites to include virtual tours and online application processes.

  • Digital Marketing:

    Almost everyone has a smartphone and digital access to so much has created an expectation that that access will always be there. Most property management companies in Charleston SC have found success in keeping properties full by investing in digital marketing strategists. 

These property trends are important to keep informed on when working in property management. If you own rental properties, partnering with a property management company that understands the business trends that will make you successful is vital to getting the best return on your investments. 

If you are ready to partner with a property management company in Charleston, call Scott Properties at 843-790-4929.