Owner Education
What Today’s Tenants Look for in a Beaufort Rental Property?
COVID-19 and the global pandemic have changed the way people interact with and inhabit physical space. With an increasingly work-from-home culture and greater awareness regarding fitness and better work-life balance, there is a need to lay some groundwork to deal with the permanent changes in the real estate industry. Attracting high-quality tenants and retaining them…
Read MoreInexpensive Ways to Boost Your Beaufort Rental’s Appeal
If you own a rental property in Beaufort and plan to rent it out, you will be required to get a few things in order, such as maintenance, repairs, and upgrades. Often, there is a common misconception that it takes significant expenses to improve the convenience factor and hence, the overall appeal of a place…
Read MoreInvesting in Your Next Beaufort Rental: What to Consider
Owning a rental property in Beaufort is a promising way to earn passive income. The state is attracting many real estate investors due to its popularity, economic growth, rich environment, and maximum return on investments. Therefore, it can be wise to invest in rental properties in Beaufort, especially in single-family units. Although there are several…
Read MoreGuide to Financial Reporting for Beaufort Property Managers
Financial reporting is a fundamental aspect of any business, and property management is no exception. Neat and well-presented reports provide an accurate insight into the performance of your assets. As property owners in Beaufort, it is essential to have a fully functional and reliable accounting system in place. This will aid in organizing your work,…
Read MoreThe Importance of Technology in Beaufort Property Management
The property management field has undergone a significant shift over the years, especially in terms of technology. With the advent of technology, property management companies have adopted several innovative methods for extending their services. Web portals, analytics software, and different applications are a part of emerging technology used in managing real estate needs. The city…
Read MoreThe Fair Credit Reporting Act
The Fair Credit Reporting Act In 1970, the Federal Government passes the Fair Credit Reporting Act. The purpose was to promote the accuracy, fairness, privacy, and integrity of consumer reporting information. Today a standardized format known as metro-2 is used to facilitate reporting of accurate and complete consumer’s credit history information to major credit…
Read MoreLandlord-Tenant Law
Being a landlord isn’t just collecting rent checks. Tenants and landlords have important rights and obligations. A critical element for you to be a successful landlord is compliance with state and federal regulations governing the landlord-tenant relationship. Many landlords do not fully understand their rights or legal obligations, and this can be very dangerous. According…
Read MoreCredit Report
Choosing the right tenant is the most important task you will have as a landlord. It is essential that you protect yourself and your property by screening tenants with a credit check. This is where most of the newbie landlords make their biggest mistakes. In some cases, prospective tenants will try to distract you from running…
Read MoreEviction
Unfortunately, eviction is an inevitable part of being a landlord. You might be a great landlord and perform rigorous tenant screening, but eventually, you will find yourself with a tenant that doesn’t pay rent and you will have to evict them. Evictions may seem harsh, but you have to understand that it is a business…
Read MoreLease Renewal
When the tenant’s lease is coming to an end, you have a decision to make. If your current tenant wants to stay longer you can choose between renewing their lease or finding another tenant. Renewing a lease means that, at the end of the lease term, you and your tenant decide to renew the contract.…
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