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Property Management Company Columbia | Why the Midlands is the Place to Invest

109 Alston

Diving into investment properties is an exciting time but knowing where the best place to invest is can be tricky. South Carolina has a growing population, but the number of available properties in the big cities such as Midlands is not keeping pace with the number of tenants coming to the state. Many first time investors are finding more success and less competition for properties in communities like the midlands and Columbia. 


Benefits of Investing in the Midlands

Housing costs in Midlands are 127% more expensive than Columbia. This HUGE disparity makes investing in properties in the Midlands very attractive for first time investors. 

More than half of the residents in Columbia rent their homes and are happy to do so as rents have remained relatively affordable compared to Midlands. 

Columbia is a buyer’s market according to and is one of the best places to find great property values with high returns on investment.

University of South Carolina along with business growth in Columbia keep a steady stream of people moving into the area. There will always be quality renters so your properties won’t remain vacant. 

A property management company in Columbia can help you manage properties no matter where you live or if you want to travel. 


Best Neighborhoods to Invest Around Columbia

Columbia offers a great urban-suburban environment, but there are many other neighborhoods perfect for single-families in the suburbs as well. 

Cayce is a small community where nearly 50% of the households are renters. The neighborhood is just a bit south of downtown Columbia and sits along the Congaree River. Homes in Cayce average 5 days on the market, so this community is hot for investors. 

West Columbia is another community where there are many renters. 45% of the households rent and homes are more affordable in West Columbia than other places in the metro area. 

Chapin has a lower population of renters but this tiny community with a population less than 2,000 is ranked as the second-best community to purchase a home in the Columbia area. Average rent is $1,200 and worth every penny, especially lakefront properties.

A property management company in Columbia can help investors decide which neighborhoods are the best for rental property profits. 



If you need property management services in Columbia, call Scott Properties of the Midlands at 803-951-0702.

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Property Management Services in Columbia SC | Help for Landlords During COVID-19

Property Management Services in Columbia SC

COVID19 has put a strain on property investors all over the country and property management services in Columbia SC are feeling the burden right along with them. When you’re a property manager or landlord, bringing in the rent is part of the job description and property owners are depending on you to make it happen; however, with job losses and rent moratoriums happening, some landlords aren’t seeing any rental income coming in. Luckily, there is help available.

Property management services in Columbia SC are working with their investors and property owners to make sure they realize all the programs currently available to keep afloat during these uncertain times. Here are some of the top programs available for landlords to find relief:

  • Mortgage forbearance under the CARES Act makes it possible to stop your mortgage payments; however, all these payments will come due at once when the pandemic or CARES act expires. One of the best things you can do if you apply for mortgage forbearance is to also apply for other financial aid options for relief.
  • Paycheck Protection Program offers loan forgiveness for business that keep their employees such as landlords who hire property management services in Columbia SC.
  • Economic Injury Disaster Loans provides relief to small businesses who are currently experiencing loss of income because of COVID such as landlords who are not receiving rental income.
  • SBA Express Bridge Loans are available to all property owners who already have relationships with the small business association and an SBA express lender to access up to $25,000.
  • SBA Debt Relief is another great choice for small business owners such as property investors. The SBA can pay up to 6 months of principal, interest, and fees on microloans and other types of loans.
  • Municipal relief is often available through local city or county government programs. Cities all over the United States are using emergency funds to offer grants and loans to small business owners.

COVID-19 has turned life upside down for tenants and landlords alike. The pandemic has made tensions run high, but property owners, managers, landlords, and tenants should try to take advantage of the programs available for assistance.

If you are interested in hiring property manager services in Columbia SC to help you navigate the changes with the pandemic, call Scott Properties at 803-951-0702.