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What to Expect in the Rental Market This Year
Most investors would agree that 2020 was definitely a year of surprises. Given the conditions of a pandemic viral outbreak, no one expected the US real estate market to grow by about 10% over the previous ...
By Charleston Property Company
Charleston Property Managers Should Be Doing These 3 Things
National vacancy rates for the third quarter of 2020 were 6.4%. That’s down about half a percent from the previous year, but up about three-quarters of a percent from the previous quarter—not bad at all ...
By Charleston Property Company
All About 1031 Exchanges: Charleston Property Management Tips
The sale of an investment property in South Carolina incurs certain expenses. Taxes alone can cost the seller up to 9% on the sale and at least 4%, depending on qualification for the state-based exclusion rate ...
By Charleston Property Company
Skip That Home Warranty: Tips From Charleston Property Management
As a rental property owner, you may be considering purchasing a home warranty on your Charleston homes for rent. However, there are some crucial details you need to know before you do so. A home warranty is ...
By Charleston Property Company
What Rental Property Maintenance Is an Investor Responsible For?
Many investors use one of two rule-of-thumb methods to project annual emergency and routine maintenance costs. One way is to calculate anywhere from 1-4% of the value of the rental property, but this is a ...
By Charleston Property Company
Investing Insight From Charleston Property Management
Despite 30-40 million evictions being predicted for the beginning of 2021, rent payment statistics for November 2020 were only down about 1% from last year, even with the effects of the pandemic on the ...
By Charleston Property Company
Seasonal Property Maintenance Tips From Charleston Property Managers
Winter is here; while some states brace for snow storms, the National Oceanic and Atmospheric Administration (NOAA) predicts warmer than average temperatures for the Southeast. Meanwhile, the Farmer’s Almanac ...
By Charleston Property Company
Choosing Neighborhoods to Invest in as a Charleston Property Owner
While the old saying, 'You can’t choose your neighbors' may be true for residents, it doesn’t preclude real estate investors from picking who their renter may live next to. An area's appeal can be one of the ...
By Charleston Property Company
How to Navigate a Renter's Market as a Charleston Property Owner
When the economy—either locally or nationally—takes a hit, even North Charleston property owners may find themselves in the midst of a 'renter's market.' A renter's market is characterized as one where the ...
By Charleston Property Company
Why Hiring Charleston Property Managers Is a Smart Investment
Over 90% of real estate investors fail, and as many as 50% of property owners sell their investment within the first five years (according to recent statistics). Owning an investment property is not for the ...
By Charleston Property Company
