Property Mgmt. Info
- PROPERTY MANAGEMENT Commitment-
Advertising/Marketing - I provide all property owners with complete marketing and advertising of their home via this main company website, which further syndicates all listings to the most popular real estate websites such as zillow.com, hotpads.com, trulia.com, etc. I am a member of the Beaufort, SC Multiple Listing Service which syndicates all listings to the most popular real estate websites as well, in addition the MLS ensures all agents access to your home when helping their clients, allowing for maximum exposure of your property. Extensive advertising and marketing strategies will keep your occupancy and tenant retention rates high, allowing you the security of your home not being vacant, while receiving monthly rental revenue.
**You will notice via our website few, if any rentals available at this time; this is due to my immediate response to all inquiries, resulting in secured leases and homes taken off the market in a matter of days!
*Please note, I am committed to managing “up to 50 properties” as I never want to exchange quantity for quality. While I have personally managed over 100 homes in the past, I found that the more properties I managed the less personal care I was able to give each homeowner, therefore have decided to commit to no more than 50 properties. Also, I am very strict on requirements for tenancy, I do not accept tenants that have previous evictions or unworthy landlord references/employment.
*My goal is to look out for the best interest of you and your home at all times.
Rate Analysis/Comps - I will analyze the market and find the rental monthly rate that will make you the most money by comparing your property to other rentals on the market. The monthly rental price will be discussed with you before any advertising is done as we will work together as a team. I will abide by any wishes you have for your home as long as they are in accordance to the SC Landlord/Tenant Act.
Leases/Addendum - Upon screening all applicants via rental application, landlord and employment verification along with credit report and public index; I will perform my due diligence in selecting a credible tenant for your property. I will also ask all rental owners to confirm with me their wishes beyond the standard SC Lease of any wishes they have for tenant to be responsible for, as my goal is to make sure all property owners wishes are noted in the contract before applicants sign to become committed tenants. I will review with you 45 to 60 days before approved tenants lease expiration to see if you approve the tenant renewing lease agreement; in case you wish not to renew tenants lease or you desire to change anything on lease at renewal or keep all terms the same.
Revenue Administration -
(LONG TERM RENTALS: 1 Year or More) Tideland Realty will collect rent each month from the tenant of your home and have accounting dept. then direct deposit to your account or mail you a check directly for your monthly rental revenue minus management fee and any repairs that were needed. All owners will also receive an itemized statement each month. * Our goal is to always have owners' rental revenue & statement disbursed by the 15th of each month. *Inquire about our property management fees.
Inspections –
1. I will thoroughly inspect your home before signing on with a management agreement; I will also discuss with you any suggestions of home improvements needed to get the maximum rent for your home.
2. Upon securing a tenant, I will do a thorough "Move in Inspection" of your home, where I will take notes and images of the home and yard to verify condition of the property before tenant takes possession, I will have these notes and images on file and documented, along with sending to you via email as well for your records.
3. With all new tenants I schedule a quarterly inspection of the home. This inspection is done in order to make sure the home and yard are being cared for per lease/addendum agreement terms. At inspection I will take images and notes, file, document and email you a copy for your records as well. After this inspection, I will then do semi-annual inspections of the home and with long term tenants I will do annual inspections and again, document, file and email you a copy of all for your records.
4. At tenants move out time: I will do a thorough "Move out Inspection" to note the condition of the home and yard via notes and images before tenants' security deposit is released back to tenant. I will document, file and email you a copy of Move out Inspection for your records. If tenants do not leave the home clean and in same condition as move in (other than normal wear and tear), I will use tenants' security deposit to get the home back to move in condition.
Emergency Inspections - Emergency Inspections became necessary after Hurricane Matthew hit the Lowcountry in October 2016. Property Management spent days inspecting homes managed as soon as bridges are open, and traffic was clear to be able to report back to each owner and tenant the condition of the home & property.
**In the event of a natural disaster such as tornado/hurricane/flood/etc., Property Management will inspect your home & property and report back to owner(s) and tenant(s) with notes and images. This inspection will only take place once bridges are open and SC Dept. of Transportation has given approval for roads to be traveled. An additional fee will be deducted from rental revenue/owners account to cover this Property Management “Emergency Inspection” fee.
Repairs/Debris Clean Up: due to Catastrophe: - In the event of damage to your home and/or property due to a Natural Disaster, Property Mgmt. will obtain proposals for debris clean up, tree removal, roof repairs, etc and report proposals to each owner; I will schedule approved proposals services to be rendered and inspect behind all cleanup/repairs with notes and images to report back to all property owners. (Please note, there is a Project Management fee for this service.)
Repairs: - I will handle all repair calls and schedule repairs in a timely manner with appropriate reputable vendors. If the owner has a home warranty company, I will contact that home warranty company immediately to schedule repair. I will follow up on all repairs to make sure they were completed, obtain invoice from vendors and send you a copy of all repair invoices for your records. *If there are repair companies you prefer to use, I will make note of that information and only use those vendors for your home. There is no additional Property Mgmt. fee for scheduling of these repairs or inspecting behind to verify repairs complete.
Renovations/Home Improvements: - I will also handle obtaining home improvement/renovation proposals/quotes per owners' request and present all to owner for approval. Upon owner's approval of proposal, I will schedule services and follow up and take images of major renovations to send to owner. Example: repaint, replacement of cabinets, flooring, building a deck/screened in porch, installing fencing, etc. (Please note there is a Project Management fee in relation to this additional service.)
Eviction - In the event the tenant does not follow through with his/her responsibilities, I will handle the eviction process via our local magistrate court and keep you updated on all aspects of your rental property and the status of the eviction. If a Summons and Complaint is needed to be filed, I also handle that process from start to finish with magistrate court to represent you on your behalf for any unpaid rent or damages caused by the tenant that exceeds the security deposit.
Yearly 1099/Statement - Each property owner will receive a yearly 1099 and yearly statement, no later than February 1st of each year, for filing tax purposes, this will be mailed to homeowner and can be emailed as well. I as the Property Manager will be there for you to answer any questions, explain any deductions (mgmt. fees, repair fees, etc.) at all times!