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Key Takeaways:

• Renting your home can be a great way to supplement your income; however, it can be time-consuming and challenging to handle independently.
• Scott Properties Midlands is a professional property management company in Columbia that specializes in managing rental properties and providing owners with a hassle-free experience.
• Our experienced staff can handle all aspects of the rental process, from property evaluations and advertising to tenant screenings, lease agreement management, and rent collection.
• We also offer direct deposit payouts on the 28th of each month (or the previous workday if it falls on a holiday or weekend).
• With us, you can rest assured that potential tenants can view your Columbia rentals, occupy them, and help you increase your profits.

Whether you’re new to the rental market or you’ve been a landlord for years, finding suitable rental listings, advertising your property, and keeping up with paperwork can be overwhelming. Plus, without proper management, it’s easy for rentals to become neglected and unprofitable.

That’s why it pays to hire a professional property management company in Columbia, so you don’t have to worry about all these things. All you have to do is sit back, collect your rental income, and watch your property’s value appreciate over time.

At Scott Properties Midlands, we help relieve the stress of renting your home. We have a team of experienced property managers who know the Columbia rental market and can help you find qualified tenants for your property. Our team is well-versed in the legal and financial aspects of the landlord-tenant relationship, so you can rest assured that your property is being managed efficiently and per all applicable laws.

Whether you own one property or are an investor with multiple rental units, we can help you maximize your return on investment on your Columbia rentals and ensure your tenants are happy and satisfied.

How A Professional Property Management Company in Columbia Help Make Renting Your Home Stress-Free

1. Property Evaluations | Property Management Company In Columbia

Regular property evaluations are the key to successful management. Our team periodically evaluates each property we manage. We document the results of these evaluations and send them to both the property owners and tenants. The evaluations are also uploaded to your online portal, which you can log into anytime.

If any issues or action items are identified during the evaluation, our team will create a timeline for completing the necessary work. We ensure that even the smallest of repairs and upgrades are completed promptly. After the work, we will re-evaluate the property to ensure it meets our standards.

2. Advertising

Thousands of Columbia rentals are listed daily with ads featuring high-definition photographs and detailed descriptions to attract potential tenants. It makes it harder for your property to stand out and get noticed, especially when competing with other properties.

Our property management company in Columbia knows how the rental market works, and we use the best marketing tactics to ensure your property is seen by those searching for it. Our team begins advertising your Columbia rentals 60 days before the lease termination date using software that allows us to syndicate to multiple websites. Some of these include:

• Scott Properties of the Midlands Website
• Market/School-Specific Student Housing Websites
• MLS (Multiple Listings Service)
• AHRN.com (Military Housing Referral Network)
• Trulia
• Zillow
• Realtor.com
• Homes.com

We also create eye-catching property listings with detailed descriptions of amenities, pictures, and floor plans. We update our listings to ensure potential tenants can access the most accurate information. With us, you’ll get the maximum exposure for your Columbia rentals and turn them over quickly and profitably.

3. Tenant Screenings and Move Ins

While thousands of potential tenants exist, we ensure only the best move into your Columbia rentals. We verify employment, income, credit reports, debt-to-income ratio, criminal background checks, and previous rental history. It ensures that the tenants who move into your rental properties are reliable, responsible, and able to pay their rent on time.

Once a qualified tenant is found, we will communicate the results to you so that you can make an informed decision before any tenant moves in. We understand that the security of your property is non-negotiable, and you can trust us to protect it with our comprehensive tenant screening process.

4. Lease Agreement Strategy and Process

We offer three-year lease agreements with one-year terms. This means that each year, the tenant and property owner can end their contract with a 60-day written notice, providing flexibility to both parties.

Having your tenants sign a three-year lease agreement will benefit you as a property owner in several ways.

First, we include a 5% increase in rent when the lease auto-renews each year. It helps cover increases in taxes, insurance, and other associated expenses and increases the value of your investment property.

Second, we strategically have all our leases terminate during the busiest time of year to maximize the potential for successful re-leasing. This termination date varies depending on the property’s market segment.

Lastly, the longer than regular notice to vacate time frame (60 days) gives us more time to find a qualified tenant and reduces property turnover.

Our strategies and processes have shown to be successful and have helped us keep the vacancy rate of our rental properties between 2-3%.

5. Rent Collection & Eviction and Property Owner Payments | Property Management Company In Columbia

The 5th of each month is the designated rent collection date. We take a proactive approach when handling delinquent accounts, starting with reminder phone calls to tenants with past-due balances. If rent payments are not received by the 13th day of the month, our property management company in Columbia will begin the eviction filing process.

Our team will write, file and serve all eviction notices and writs of ejectment. We always charge the tenant for all actions concerning an eviction filing, so property owners are never billed for the cost of eviction filings or time spent in court.

Regarding property owner payments, our team ensures you are paid by the 28th day of each month. The management fee, and any repair expenses, will be deducted from the total rent amount collected for the month.

If the 28th falls on a weekend or holiday, you will be paid out on the previous workday. All payments will be made via direct deposit into the bank account of your choice, ensuring timely and secure payments.

Are you ready to experience the peace of mind from working with a professional property management company in Columbia? With Scott Properties Midlands, you can have confidence knowing that your investment is being cared for and that payments are processed accurately and on time.

Contact us today to get started!

Key Takeaways:

• Columbia is a great place to live, offering a unique blend of culture, recreation, affordability, and career opportunities.
• From single-family homes and condos to multi-family units, there are plenty of rental properties in Columbia for people who want to call this city home.
• However, before renting a property in Columbia, understand the common renting mistakes and take the necessary steps to protect your rights as a tenant.
• Not reading the rental agreement carefully, not getting renters insurance, paying rent late, misusing amenities, and prioritizing square feet over layout or design are common mistakes to avoid to ensure a smooth rental experience.
• Scott Properties Midlands is a premier house rental expert and property management company in Columbia that can help you find the right property and protect your rights as a tenant.
• Our experienced team will match you to an ideal rental property according to your budget and requirements and ensure that all the necessary paperwork and agreements are correctly handled.

Property management companies in Columbia will tell you that renting a new home here is an exciting experience. From lush green hills, rolling meadows, and peaceful surroundings to vibrant city life and exciting nightlife, this city provides a mix of rural and urban living that few other cities can match. It also boasts excellent schools, great local shopping and dining options, plenty of parks, cultural attractions, recreation areas, and a strong community of diverse people.

According to Forbes, Columbia is one of the fastest-growing cities in the US, ranking 102 out of 200 as one of the best cities for business and career opportunities. In addition, the cost of living in Columbia is relatively low compared to other major cities in the US, making it an attractive option for people looking to relocate.

That said, you can easily find an affordable and suitable rental property in Columbia. Whether you’re looking for a one-bedroom apartment, a family home, or something more luxurious, plenty of options are available. However, partnering with a reliable home rental expert and property management company in Columbia ensures you get the best deal and service.

Scott Properties Midlands specializes in helping people find the perfect rental property in Columbia. We offer various homes and apartments with varying styles, locations, and amenities. Our experienced real estate agents will work closely with you to find a rental property that fits your budget and lifestyle.

Besides, leasing a house through us means that it will be appropriately managed and maintained. Our property management company in Columbia will take care of all the maintenance, repairs, inspections, and other tasks and make sure your new home is safe and comfortable. With us, you’ll have a stress-free renting experience!

That said, you must know that as much as working with professional property management is essential, it is also necessary to be familiar with common renting mistakes. We have compiled a list of the top five renting mistakes to help you avoid any unpleasant experiences.

1. Not Reading the Rental Agreement Carefully | Property Management Company In Columbia

Many renters do not read the rental agreement carefully, which can lead to issues later. The most important parts of the rental agreement are the rent amount and payment dates, occupancy rules, and property condition at the time of move-in.

Make sure to go through the rental agreement line by line and read all of the details before you sign. Because once you sign the agreement, you are legally bound to all the terms and conditions, and going against them could lead to unpleasant legal situations.

2. Not Getting Renters Insurance

Renters insurance is a type of insurance that helps protect your personal property from theft and damage and liability for accidents or injuries inside the rental unit. It is important to get renters insurance to protect yourself in an accident. It will also help you save money in the long run if something does happen to your belongings.

When looking for a rental property in Columbia, consider the cost of a renters insurance policy as part of your budget. While getting this insurance is not required by law, it will provide much-needed peace of mind and financial protection.

3. Paying Rent Late

When you sign a lease for a rental property in Columbia, you agree to pay rent on time. The date could be on the first of every month or due on another predetermined date. Landlords expect their tenants to pay rent on time regardless of the due date.

If you cannot pay rent on the specified due date, you must inform your landlord and explain the situation. Most landlords understand and will work with you to develop a payment plan or an alternative solution. However, if you fail to pay rent or make arrangements with your landlord, you could face legal consequences such as late fees or eviction.

4. Misusing Amenities

Whether it’s a rental home, an apartment building, or other types of rental property in Columbia, tenants are typically responsible for taking good care of the amenities the landlord provides. It includes but is not limited to, things like furniture, appliances, and other items that come with the rental. Tenants are also expected to keep communal areas clean and avoid damaging property.

If you misuse amenities or damage the property, you could be held financially responsible for the repairs. Inspecting the property before renting is always a good idea to ensure you know its condition so you don’t have to worry about these issues.

5. Prioritizing Square Foot Over Layout or Design | Property Management Company In Columbia

At times, tenants may prioritize the square footage of a rental property in Columbia over the layout or design – which is a mistake. While square footage is important, it’s not the only factor to consider when selecting a rental property.

Imagine having a larger space that’s dark and cramped or one with an awkward layout. Not only will this be uncomfortable, but it could be more challenging to furnish and decorate to make the most of your space.

Therefore, it’s essential to consider the layout and design of the property carefully. Take note of any windows, natural light sources, and other elements that could make or break your experience. Inspect the kitchen, bathrooms, and other common areas to ensure they meet your needs.

Looking for A Rental Property? Let the Professional Property Management Company in Columbia Help!

Scott Properties Midlands is a premier house rental expert and property management company in Columbia. Our experts are familiar with all city areas and can help you find the perfect rental property to fit your needs. We offer various options, including houses, single-family homes, apartments, and townhouses. We also have properties in all price ranges to fit any budget.

Use our search tool to find the best rental property in Columbia that meets your needs. You can narrow your search by location, rent amount, beds, and baths. Once you find a place that fits your budget and requirements, our experienced agents will help you sign a lease and move into your new home. Contact us today to get started with your search for the perfect rental property in Columbia!