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Property Management in Charleston, SC | The Best Upgrades to Make to a Rental Property

Many investors who are getting into property management in Charleston, SC, are looking for homes they can get a great deal on so they can make the best return on their investment. Sometimes to get the best deal on a property, investors pick homes that can be remodeled or renovated easily to increase the value of the home and charge more rent. The hard part is deciding exactly which upgrades will be the most fruitful.

Top Upgrades for Rental Homes

There are many different upgrades that investors can make to single-family rental homes that will increase the value, but some upgrades can end up costing more than you expected. However, our property management company in Charleston, SC knows the best ones for you to invest in.

  • Kitchen Upgrades- Everyone loves a modern kitchen with upgraded, newer appliances. If the rental home is in a high demand area, you do not have to worry about doing a full-scale renovation to get the home rented quick. New appliances, a fresh coat of paint on the cabinets, and new flooring when necessary can make a big impression on new tenants.
  • New Carpets or Flooring- When previous tenants have children or pets often the carpets can become beyond cleaning and need to be replaced. New flooring and carpets can greatly improve the look of a rental property and help it stand out to tenants. New flooring or replacing carpeting can usually be done in just one day also!
  • New Landscaping- Tenants looking for rental homes in South Carolina love having a nice yard where they can entertain guests and enjoy time outside. Property management in Charleston, SC always sees that potential tenants love homes with nice yards and show more interest in homes with professional landscaping.
  • Technical Upgrades- One of the easiest upgrades to make to rental homes is technical upgrades such as smart thermostats and lights, Ring doorbells, LED shower heads, energy efficient appliances, keyless entry, and security systems can make tenants feel safer. Younger renters are also tech-savvy and appreciate homes that meet their expectations for modern design and aesthetics.

No matter which upgrades you make, always keep property management in Charleston, SC at the top of your mind. Professionally managed properties always have increased resident retention and you will never have to worry about the day-to-day headaches of being a landlord.

If you are ready to start talking about property managers, call. Scott Properties today at 843-790-4929.

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Property Management in Charleston, SC | Should You Let Tenants Plant Gardens?

Property Management in Charleston, SC

Tenants looking for single-family home rentals are in search of a place that will feel like their own. Most tenants look forward to making the inside of the rental feel like home, but some tenants might also want to make changes to the exterior of the home such as planting flowers, landscaping, yard decorations, painting the shutters or siding, adding yard games or vegetable gardens, or even planting their own trees. Making sure that the lease is specific regarding what tenants can do should be a high priority for leasing agents working in property management in Charleston, SC.

Property Management in Charleston, SC | Pros and Cons of Tenant Gardens

South Carolina weather is perfect for enjoying flowers, having gardens, and growing vegetables all year round, and many tenants renting through property management in Charleston, SC want to live on beautiful properties. There are many things to consider before letting tenants make substantial changes to the property such as flower beds and vegetable gardens.

  • The opinion of the property owner
  • Are there existing flower beds around the home from previous landscaping that tenants can fill-in?
  • Does the lease already include lawn maintenance?
  • Are there considerations that can be made for the size of flower beds or gardens?

The largest risk to allowing tenants to start their own gardens is the cost and time involved with returning the gardens to lawns when tenants move out. Some companies in property management in Charleston, SC choose to provide professional landscaping for their rental homes. Some property managers will also allow tenants to have greenhouses or raised beds rather than digging into the lawn when they want to start a garden.

Another risk a property manager takes in allowing tenant gardens is the gardens becoming overgrown and unsightly in the tenants do not keep up with taking care of the beds. Depending on neighborhood and city ordinances, the property management company may be forced to make the necessary changes to the property.

If you are looking for professional property management in Charleston, SC, call Scott Properties at 843-790-4929.

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Property Manager | Should You Let Tenants Do Their Own Landscaping?

Charleston Property Management

One of the best parts of living in a house is being able to plant flowers, trees, beautiful landscaping, and enjoying your backyard. While homeowners can do what they want freely with their yard space (with exceptions of city ordinances or HOA regulations), families renting their homes might not get to enjoy this perk of single-family home living. If your tenants ask you about planting a garden, adding or changing the landscaping, or upgrading the backyard, there are a few considerations you can make as a property manager before deciding.

  1. The Owner-At the end of the day, the property owner will decide what kind of landscaping or improvements/upgrades can be made to the property. As the property manager, you might just have to explain to tenants that the decision is out of your hands if owners don’t agree with what the tenant would like to do.
  2. Lease-The lease is a legally binding agreement, and the rules about gardening and landscaping or changes to the existing property may already be outlined in the lease. Making exceptions for tenants and bending the rules is frowned upon and can get you into a tricky situation when other tenants ask for exceptions to be made for them as well.
  3. Cost-One thing a property manager must keep in mind is the cost of the improvements or landscaping. While the tenant may offer to pay for and maintain the landscaping themselves, what happens when the tenant decides to move out in the future? Will they want to dig up all the plants and take them when they move, leaving a mess of dirt and holes in the yard? Is the property owner willing to have the landscaping maintained after the tenants move out?
  4. Curb Appeal-Landscaping can significantly improve curb appeal and add value to the home or attract new renters quickly. However, complicated and intricate landscaping and garden beds could be challenging to maintain or unappealing to other renters.

If you do decide to allow tenants to change or add landscaping, make sure that you are working together to come up with the best plan and design. There’s nothing wrong with limiting the tenant’s options as long as all parties are following the terms of the lease. Coming up with a plan together is a great way for a property manager to increase resident satisfaction and retention as well.

Contact a Charleston Property Manager

If you’re looking for a property manager you can trust, call Scott Properties at 843-790-4929.

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Property Manager | Why A Property Manager Should Accept Online Rent Payments (SCOTT PROPERTIES)

Property Manager | Why A Property Manager Should Accept Online Rent Payments

Property Manager | Tenants have hundreds of excuses for why they can’t pay rent or can only make a partial payment. When you only accept cash, check, or money order for rent payments tenants find it easy to try to haggle their way into an extension on rent. When you accept online rent payments from tenants, they start to run out of excuses for why they can’t pay rent on time. There are certain excuses that online portals help to squash.

1. Money Related Excuses- Tenants will tell you dozens of different stories about why they didn’t have the money for rent. From other bills being too high to a child or family member falling ill, or the government being late on payments, a tenant that doesn’t have the money will want you to empathize. Online portals help tenants to manage their money better because they can make small payments throughout the month to try to get ahead after their rent is paid and they can track their rent through their online account.

2. Transportation-Related Excuses- The check got lost in the mail. The money order got wet in the mailbox. My car broke down, and I couldn’t make it into the office. It’s snowing outside, and the roads are bad. Tenants who rely on someone physically taking their rent payment to another location can always use transportation as an excuse. Online rent payments make it easy for tenants to pay from the comfort of their home or even from their phone while on the go.

3. Confusion on Due Dates- Some tenants will tell a property manager that the reason they are late on rent is that they were confused on the due dates, rent amount, or any other fees that they owe. This is a common excuse for new tenants especially. Online rental portals can send reminders to tenants about when rent is due and how much the tenant owes. Paying rent online and having a tenant account eliminates confusion on the details of rent.

If you are ready to take your rental property business to a new level with a property manager that can manage rentals contact Scott Properties.