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A Fall Maintenance Checklist For Homeowners By Our Property Management Company

Property Management Company

Autumn is here, and it’s time to ready your property for the colder months ahead. There’s a lot of work involved in this transition, and it’s a good idea to start preparing during the fall season. This means lining up necessary vendors, ordering supplies, and scheduling inspections in advance.

For single-family properties, there’s a comprehensive list of tasks that need attention, both inside and outside the home. By taking the initiative to address fall maintenance now, you’ll not only save time and hassle for yourself and your tenants but also avoid costly emergency repairs.

To assist you in covering all aspects of fall maintenance, the experts at Scott Properties of the Midlands – your trusted property management company – have compiled a checklist that covers tasks for both the interior and exterior of your property. Think of it as your go-to guide for ensuring single-family properties are well-prepared for the fall season.

Exterior Cleanup and Maintenance – Property Management Company

Getting your property ready for winter involves several outdoor tasks that you should complete before the temperatures drop. Here’s a checklist of what needs to be done:

Yard Cleanup

Clear the yard of fallen leaves and remove branches and other natural debris. Allowing this organic material to accumulate and rot, especially when covered by snow, can hinder grass growth in the spring.

Avoid pruning your bushes for now. While many people prune in preparation for spring, trimming bushes that are slowing down for winter can hinder their future growth when warmer weather arrives.

Gutter Cleaning | Property Management Company

Ensure that your gutters are free from leaves, branches, and other debris. Clogged gutters can’t manage the runoff from melting snow, leading to puddles and roof freezing, which may result in ice dams and leaks.

Even if you don’t experience snowy winters, rainwater unable to flow through the gutters can find alternative routes off the roof, often through gaps that can lead to wall damage.

Roof Inspections

While working on the gutters, take a good look at the roof. Check for loose shingles or areas of decay. Examine the areas around vents to ensure they are sealed correctly. Gaps can become entry points for water and melted snow, potentially leaking into the home.

Winterizing Sprinkler Systems | Property Management Company

After your lawns have been watered for the season, ensure that the sprinkler systems are drained properly. Leaving water in these systems can lead to freezing and pipe damage.

Winterizing Pools and Decks

For properties with pools, prepare them for winter by cleaning, balancing, adding winterizing chemicals, lowering water levels, and covering them.

As for decks, store any outdoor furniture, inspect the structure for loose boards, railings, or screws, and address any weak spots. Later, thoroughly clean the deck and apply a water seal if necessary.

Interior Maintenance Guidelines by Your Property Management Company

Now that your exterior tasks are complete, it’s time to shift your attention to the indoors. Schedule an inspection of your property and ensure that these essential tasks are carried out:

Insulation Check

Examine the insulation in the attic to ensure there is enough of it. If you’re dealing with an older home, it might be a good idea to have its heat efficiency assessed and consider adding insulation within the walls, if needed.

Don’t forget to insulate pipes that run along external walls to prevent freezing and bursting during extremely cold weather.

Pest Control | Property Management Company

As the weather cools down, animals may find your warm and cozy home inviting. To deter pests, seal gaps, cracks, and other entry points. Addressing this now is far more economical than dealing with a raccoon family or a mouse infestation in the middle of winter.

Furnace and HVAC Systems Inspection

Arrange for a furnace cleaning to have filters replaced and any buildup removed, especially if you have oil-burning furnaces. Regularly check your HVAC systems and continue to replace filters as needed.

Windows and Doors Inspection

Examine the seals on your windows and doors to ensure they are airtight. Use caulk or add rubber seals to areas where cold air or water could seep in.

By completing these interior maintenance tasks, you can ensure your property is well-prepared for the fall and upcoming winter seasons.

Get Maintenance by the Premier Property Management Company in Town

Scott Properties of the Midlands provides owners of single-family homes the chance to get ultimate maintenance service without any hiccups. Simply submit a non-emergency maintenance request on our portal and enjoy five-star maintenance that gets your property ready for potential tenants and buyers through the winter.

Contact us today for complete property management services.

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How Much Rent Should You Charge? | Property Management

Property Management

A property management company can be pivotal in establishing an optimal rent figure. They conduct thorough market analysis, considering local trends, property features, and demand. This expertise ensures landlords set a competitive and realistic rent, fostering tenant interest, minimizing vacancies, and maximizing rental income for long-term success.

Requesting a reasonable rent is vital to ensure cost coverage and attractive returns for property owners. Balancing affordability prevents vacancies, attracting tenants while maximizing profitability without deterring potential renters due to excessive pricing.

Related: Rent Your Home With Ease | Property Management Company In Columbia

This blog post shares tips and strategies for setting the correct rent rate for your rental property.

1. Local Housing Market

Check out similar rental properties near you to understand what other landlords charge. Consider the number of bedrooms, amenities, and location when making comparisons. You must also consider any recent changes in the housing market, as this may affect rental prices.

Seasonality also affects the market. In some areas, rental prices increase during peak times of the year (like summertime) and decrease during off-peak times (like winter).

2. Property Conditions and Amenities | Property Management

Consider the condition of your property and any features or amenities it might offer, such as a pool or a patio. If your property provides something extra, you can charge more for rent than comparable properties without those features.

Also, factor in your rental property’s ongoing maintenance and upkeep costs. You can justify a higher rent by offering well-maintained and updated living spaces. Highlighting the value tenants receive from the well-maintained property can support your pricing strategy and attract quality renters.

Related: 7 Top Home Improvement Projects For 2023

3. Amenities Offered with The Property | Property Management

Diverse amenities enhance a property’s appeal and justify a higher rental rate. Features like modern appliances and secure parking attract tenants seeking convenience and comfort. Such offerings elevate the living experience, enabling landlords to command a premium rent, reflecting added value, and increasing the property’s competitiveness in the market.

4. Research the Average Cost of Living

Thorough local market research is crucial for setting an appropriate rental rate. Analyzing comparable properties and understanding demand dynamics ensures a competitive yet realistic pricing strategy. This approach maximizes occupancy rates, prevents underpricing or overpricing, and positions the property favorably within its market segment for sustained financial success.

5. Consider Hiring a Property Management Company

Finally, if you’re feeling overwhelmed or uncertain about how much to charge for rent or other aspects of renting your property, consider hiring an experienced property management company.

Rely on Scott Properties of the Midlands to unlock your rental properties’ full potential. With our expertise, we provide strategic insights on pricing, marketing, tenant selection, and property maintenance. This comprehensive approach ensures landlords achieve peak returns while enjoying a hassle-free management experience, fostering long-term success in the rental market.

We understand that setting a rental price can be a challenge for landlords. We strive to make it easy for our clients with helpful resources and personalized advice tailored to their needs.

Contact us to take advantage of our property management services today.

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Rent Your Home With Ease | Property Management Company In Columbia

Property Management Company In Columbia 1

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!

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5 Renting Mistakes To Avoid | Property Management Company In Columbia

property management company in Columbia

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!

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