Six Questions to Determine Whether You Need a Property Management Company

As a full-service property management company in Charleston, South Carolina, we’re on a mission to deliver services for both renters and homeowners. For renters, we connect prospective tenants with their ideal residence on the Charleston peninsula. For property owners, we provide a portfolio of services that include leasing, inspection and home and condo management.

Do you own property that you’re considering renting? Let’s take a look at six key questions you should ask yourself to determine whether you need to hire a property management company.

1. Do You Live Near Your Rental Property?

It can be easier for property owners to manage rental property if they live nearby. But if your primary residence is outside the Charleston area or is not in close proximity to your rental property, it may not be possible for you to effectively manage your rental.

For example, routine home inspections should be a part of your property management plan. If your primary residence isn’t in close proximity to your rental property, it can be more of a challenge keeping up with the inspections that protect your investment. Our absentee homeowner services give you peace of mind by taking this task off your to-do list. Find out about the monthly inspection services we offer to the absentee homeowner.

2. Are You Interested in Hands-on Management and Home Maintenance?

Property management requires ongoing attention and a hands-on approach. It takes time to find, screen, and qualify tenants so that your property isn’t left vacant. Once tenants move in, you’ll need to collect rent, take care of maintenance, and respond to tenant requests.

If you’re not interested in DIY property management, that’s a key indicator that you need a property management company that can cover the day-to-day management of your investment. That’s what we do at Handsome Homes. We take care of day-to-day property management on your behalf.

3. Do You Have the Time It Takes to Manage Your Property?

You may have the ability to manage your property, but you may not have the time. Property management can involve daily tasks and responsibilities. And you never know when something might break or if a hurricane weather might cause storm damage that needs immediate attention.

A property management company offers peace of mind because they carry out specific management tasks owners don’t have time to take on themselves. When you engage property management services through Handsome Homes, you don’t have to worry about not having enough time in your schedule to manage your property.

4. Are You Interested in Being an Employer?

If you hire a caretaker or other full-time or part-time workers (think landscapers and cleaners) to help you manage your property, that makes you an employer. You’ll be responsible for paychecks plus other financial and legal requirements.

A property management company is not your employee, however. If you prefer not to act as an employer, a property management company like Handsome Homes relieves you of that burden. Our services include monitoring service providers and scheduling annual maintenance tasks that keep your property in its best condition. That helps keep your rental property occupied and your tenants happy.

5. Do You Own More Than One Rental Property in the Charleston Area?

More properties require more effort and time to manage. You’ll multiply the benefits of using a property management if you own more than one rental property. Our services cover Charleston as well as the entire Charleston metro area.

Whether it’s a downtown condo off King Street or a beach house on Sullivan’s Island or a home in bustling Mount Pleasant or all three, our property management team can deliver on the multiple properties you own.

Contact our property management team to discuss how we can tailor our services to fit different needs you might have for your multiple properties.

6. How Well Do You Know Laws Governing Property Rentals?

South Carolina landlord and tenant laws include many regulations that apply to both owners and tenants. Having an industry professional oversee all legal documents, repairs, and payment issues ensures that owners and tenants are fully protected under the full extent of the law. Our agents at Handsome Homes are industry experts who know rental regulations inside and out.