No Comments

Rental Policies Essential to be in Your Lease | Property Management Companies in Columbia SC

A lease is the most important and essential component to renting your single-family home. The lease is a legally binding document that outlines the rental amount, due dates, and obligations of the landlord and tenant. Having a lawyer or experienced property management companies in Columbia SC involved in creating your lease is always a good idea. Property managers are experts in leasing and can let you know the policies that are most essential to protect owners and the property. 

Most Important Lease Policies for Property Management Companies in Columbia SC

  • Fees- There are more charges that tenants are responsible for above and beyond rent; however, these fees must be outlined in the lease to be enforceable. Fees could include municipal garbage, bulk waste, or recycling fees, late fees, lease violation penalty fees, charges made to the deposit such as cleaning fees post move-out, pet fees, and more. 
  • Overnight Visitor Policies- Long term overnight visitors can quickly end up becoming roommates which can put your tenants over the occupancy limits in the lease. Too many people living in a house and not being on the lease is a problem property management companies in Columbia SC are familiar with and we always recommend having clear occupancy policies for visitors and tenants. 
  • Exterior Upkeep- Lawns, sidewalks, porches, patios, decks, gardens, garages, and other exterior areas of the property require upkeep from mowing and weed pulling to keeping these areas free from trash and debris. Outlining responsibilities of the landlord and the tenant in the lease for these areas is important to maintaining the curb appeal of the property. 
  • Renewal and Termination Policies- The last thing you want is for a tenant to move out unexpectedly and be stuck with unplanned costs to clean, market, and lease the property. Adding policies that outline how to properly terminate or renew a lease will protect your investment financially. Make sure to consider how far in advance tenants must renew or give notice of moving out, any early termination fees or late renewal fees, and what the move out procedures should be. 

These four policies are essential to have in each property lease; however, there are many other factors that are very important. Partnering with property management companies in Columbia SC is a great way to ensure your leases are legally binding, protect your property and investment, and increase your return on investment. 

If you’re ready to talk about your property management options, give Scott Properties a call at 803-951-0702.

1 Comment

Property Management in Columbia SC | Why Social Media Matters for Landlords

Property Management in Columbia SC

Once upon a time, a landlord could rent a house quickly by posting an add to craigslist and a sign in the front yard. Today, all the best companies doing property management in Columbia SC understand that social media matters—a lot. Not every property owner wants to focus on social media, it can be tedious and time consuming, but there are incredibly good reasons why you should be connected:

  • Most single-family home renters are between 25 and 38 years old. These young people rely on Facebook and Instagram to connect them with the world with nearly the entire Unites States population in this age range having access to the internet and a smart phone.
  • Images are everything and platforms like Instagram are perfect for showcasing your beautiful coastal homes if you work in property management in Columbia SC. The historic homes against beautiful Southern landscapes can skyrocket the algorithms and ensure your posts are seen.
  • Social Media is a wonderful way for property owners to post reminders or links to fun events happening in the neighborhood. They might also post information on bulk waste pickup, landscape waste collection, or other vital services. Social media is also most renter’s preferred way to find out about new homes for rent.
  • Marketplace on Facebook allows property owners to post rentals. Tenants have access to many different filters to narrow down the number of bedrooms and bathrooms they need, rent they can afford, and other necessities for the perfect rental. Utilizing the social media marketplaces to highlight your rental homes is one of the best ways that property management in Columbia SC for booking appointments and getting new interest.
  • Tenants and prospective tenants can leave reviews on your social media page that will attract new renters in the future. Many renters go to a company’s social media business page to check the public opinion on a landlord before signing a lease or paying an application fee.

One of the best ways to stay on top of your social media game is to hire a property manager that has excellent marketing skills. There is no time like the present to dive into your social media goals and see your investment explode with new opportunities.

If you are ready to make your investment the best it can be, call Scott Properties of Columbia at 803-951-0702.