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5 Thanksgiving Safety Tips:

It’s that time of year for holiday planning and preparations! Creekbend Property Management knows that tenants who generally follow the rules for the rest of the year may accidentally or unintentionally allow things get out of hand during the holidays. There are potential holiday disasters you may not think of until it’s too late! 

 

 

 

To help you plan for a safer and happier Thanksgiving, Creekbend Property Management has provided these 5 Thanksgiving  safety tips:

 

  1. Tenants are responsible for their guests

Thanksgiving often means out-of-town guests arriving for dinner or even staying overnight for a few days. Tenants need to know that they are responsible for the actions and behavior of their guests. Whether it’s violating the noise regulations as outlined in the rental lease agreement to swimming in the pool after hours to illegal activity, if the guests of the tenant are not following the lease agreement, the tenant can be penalized for it.

  1. Open flames inside

Thanksgiving and other holiday decorations often include candles, scented wax warmers and other open-flame decorations. It doesn’t take much to jostle a table, tip over a candle and cause a fire.

Open flames and children or pets is generally a recipe for disaster and can quickly cause your Thanksgiving preparations to go up in flames. Remember where the fire extinguishers are and how to use them.

  1. Deep frying turkeys

A fast-growing trend in preparing turkey for Thanksgiving is to deep fry it in the backyard in a large vat of hot oil. The potential for injury and property damage is huge with deep frying turkeys. Again, make sure children and pets are being monitored and have a fire extinguisher handy.

  1. Overloading electronics

Thanksgiving dinner preparation in a small space like an apartment can mean lots of extra appliances, like electric frying pans, slow cookers, griddles and more. Add in anything that overnight guests bring in, such as hair dryers, curling irons, and other electronic devices and the outlets may get overloaded. Besides, a lot of people put up holiday lights inside and outside during Thanksgiving to get a jump on decorating for Christmas. Tenants should limit the number of appliances and electronic devices in use simultaneously Use power strips to reduce the risk of electrical-related problems and even an electrical fire.

  1. Parking

If you’re hosting a Thanksgiving gathering, there will likely be a need for extra parking. Make sure your guest knows where the available guest parking spots are and to park their cars properly. When cars are squeezed into spaces that are set aside for other residents, double parked or even parked in places that aren’t even meant for parking could be recipe for potential fender-benders.

By following these tips your Creekbend Property Management hopes you have a more enjoyable and safe Thanksgiving! 

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

 

Thinking of Investing in Rental Property? Consult a Property Manager First!

Thinking of investing in rental property? Whether you’re a seasoned house hunter or a first-time buyer, the process of purchasing property can have plenty of pitfalls. Before diving in and signing on the “dotted” line, Creekbend Property Management recommends consulting a property management company to provide you an impartial opinion regarding the prospective investment.

 

Here are a few points to consider why a property management company should be consulted:

 

  • You want to avoid hidden problems down the road; especially if you’re thinking of buying investment property sight unseen and relying solely on the seller’s “pitch.”

 

  • A property may look good on paper because the numbers are real and they add up. But a visit to the physical site may paint a different picture. Property management firms are in the business of making critical decisions on the behalf of their clients by overseeing, improving and preparing properties to maximize rental revenue.

 

  • The property manager‘s job is to be the “eyes and ears” for their client. They will look for issues such as water damage, leaky pipes, signs of a weak foundation, outdated electrical wiring, antiquated heating system, spongy flooring etc…

 

  • A property manager will also research the whether the neighborhood is up and coming or in decline and to advise what the potential rental income would be based on the location by conducting market analysis, comparisons and rent projections

 

If you’re considering a “flip” or a long term investment opportunity, invest wisely by consulting a reputable property manager to do the leg work for you.   Creekbend Property Management represents out of area investors and homeowners, offering stress relief rental management. We provide peace of mind by managing so you don’t have to! 

 

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palm, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

 

Decorating Ideas for Renters

Nothing’s more frustrating than not being able to put your own mark on the place you live in, which can be tough when living in a rental with strict rules. It can be doubly aggravating if the place you’re renting isn’t just bland, but has unsightly elements you’d rather not have to see every day.

 

 

Creekbend Property Management has provided some decorating ideas for renters who need temporary solutions to making their home look better.

Plants

Getting an assortment of plants throughout your space can make it feel like yours. The plants increase oxygen in your home, creating fresh air throughout. Hanging plants are a great way to add lots of green while not taking up a lot of space.  Add a windowsill of herbs for cooking! Don’t forget plants come in all different shapes and colors; if green isn’t your thing, then get some fragrant, white jasmines to freshen up your space.
Area Rugs

Area Rugs are a great way to protect your floors, add life, and create a cozy atmosphere. There are so many ways hardwood floors can get scratched; putting rugs in the areas with the most traffic can keep your hardwoods looking like new. Even if your space has carpet, getting an area rug can protect that carpet from everyday messes. Another benefit of an area rug is the individuality it can bring to your space. There are millions of different rugs out there.

Furniture

Whether your furniture budget is $50 or $5000, there are millions of pieces perfect for you. Goodwill furniture can be bought and re-done to look like something completely different; this could always be a great DIY project to get you settled into your new space. If you would rather have new furniture, there are so many websites that cater to each and every style, whether it is a Victorian bedroom set or a sleek, modern couch.

Curtains

Though curtains may seem trivial, they add height and style to every room. By placing the curtain rod closer to the ceiling of a room, this creates an illusion of a taller window and higher ceilings. Curtains are a perfect blend of function and style. If you like to sleep when it is light outside, blackout curtains are a great way to make it seem like night time all the time; many stores and websites have also made blackout curtains in so many great patterns and colors. Curtains are also a great way to tie in any color scheme.

Throw Pillows

Decorating with throw pillows may seem like a small part of the design process, but that couldn’t be further from the truth: They’re the best way elevate a house to a home. Even though they are soft and comfortable, they’re not all fluff. When it comes to living room seating, hallway benches, and pretty much anything in the bedroom adding a throw pillow will pack a ton of punch and bring out the subtle design features of the space.

Wall Decals

People have created temporary solutions to boring walls. Stencils add color, shapes, and design to whichever wall you would like. The best part, it comes right off when you decide to move out or get tired of them. There are even chalkboard decals so you can have a chalkboard and remove it a week later if you decide chalk is too messy. If you’re looking for something bigger than a decal, there is now removable wallpaper. The great part is that it is actually removable and super stylish. There isn’t any wear and tear to the wall underneath it.

Creekbend Property Management trusts that any space can and should feel like home. With a little imagination, whether on a budget or not, the blandest space can look like a million bucks!

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palm, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Get Ready for Trick or Treaters This Halloween

Get Ready for Trick or Treaters This Halloween!

 

 

 

 

Prepping for Halloween? If so, you’re probably hitting the pumpkin patch, buying candy, and maybe even planning costumes. But don’t forget to spruce up outside if you want trick-or-treaters to stop by on Halloween night and make it safe! Creekbend Property Management has some suggestions you can do to make your home more welcoming:

  • Sweep the walk/stoop/porch. The path front door can become littered with leaves, acorns, and dirt without notice. Check out the front entryway and give it a quick sweep in advance of the big night!
  • Fine tune the lighting. Replace any bulbs that might be burnt out at the front door, porch, or paths leading to your house. Clean lighting of the bugs and cobwebs that always seem to accumulate in outdoor fixtures. Otherwise, your home might look like a real-life haunted house and scare trick-or-treaters away!
  • Decorate.  A jack-o-lantern or collection of pumpkins and squash is enough to say that you’ve got spirit. Go seasonal instead of “Halloween-y” if you want that decor to last through until after Thanksgiving!
  • Have a presence. Simply giving the impression that the front of your home or apartment is used and enjoyed makes it more welcoming. Have seating out front, maybe a small table decorated for the season. This street presence can be established from indoors, too, with a chair pulled up and a reading lamp turned on inside a front window.
  • Ready the door itself. Is the front door clean? Give it a good scrubbing and wash the glass on the storm door if needed.
  • Leave the lights on. If kids see your lights are off, they will think you’re out of candy or you’re not passing any out. If you want to keep your house dark to make it seem spooky, that’s okay, but make sure to have some form of light, whether it’s a string of pumpkin lights, a porch light, a light on inside the house, or simply a Jack O’ Lantern.
  • Have good candy. We all want kids to be healthy, but on Halloween, please refrain from giving out apples or dried fruit. If you give out dried fruit, kids won’t come to your house. Chocolate, candy, and chips are good options to choose from when buying Halloween candy.

Creekbend Property Management wishes you a happy and fun Halloween!

 Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Theft Prevention Tips For Tenants

 

 

It’s not necessary to turn your home into Fort Knox to reduce security risk. Losses resulting from theft can be prevented if tenants are more diligent in protecting their assets and avoiding costly insurance claims.

Creekbend Property Management has some smart theft prevention tips to help tenants show a potential thief that their home is better protected than the place down the street.

 

 

 

 Here are some theft prevention tips to keep you and your property safe:

  1.  Always keep windows, doors and sliding doors locked.
  2.  Remove spare keys from their usual “hiding place.” Instead, keep spare keys with a trusted neighbor or friend.
  3.  Add reinforcements to windows and doors with a fitted steel or wood rod.
  4.  Remove cash, jewelry and other valuables from the master bedroom – the first place thieves tend to look for valuables.
  5.  Place a home security sign in a window – even if you don’t have a security system.
  6.  Make an inventory list of your belongings, include photos or video. Store the list in a safe place.
  7.  Tell a trusted neighbor when you’re away –they can be on the look-out for suspicious activity. A good neighbor can be one of the best crime prevention tools.
  8.  Stop mail and newspaper deliveries when away.
  9.  Leave a light on – place timers on indoor lamps to light your home at night, set timers to turn on radios and television randomly during the day.
  10.  Don’t post on social media that you’re out of town or away on vacation.
  11.  Keep some shades and blinds up and curtains open.
  12.  Park vehicles in a secure, well-lit area.
  13.  Always lock vehicles and keep windows closed.
  14.  Don’t leave valuables in plain sight. A thief will risk a “smash and grab.”
  15.  Never leave your keys in the car or the vehicle running when you’re not in it.

Creekbend Property Management also recommends investing in renter’s insurance, because it helps provide a safety net for tenants whether homes or vehicles are burglarized or have water damage due to burst pipes or storm damage. Renter’s insurance can help replace stolen items or repair damaged property. An uninsured resident, however, will suffer the consequences of costly repairs and replacing personal possessions.

 Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Tips for Saving on Heating Bills

In door heating thermostat set at a room temperature

As cool weather rolls in, it’s time to turn up the heat! For most renters, energy bills are one of the biggest monthly expenses and heating your home can be one of the most expensive components of your monthly budget. Luckily, making some easy adjustments in your home can dramatically reduce how much you spend on energy.

Creekbend Property Management wants to help tenants cut energy consumption and maintain comfortable temperatures in your homes this winter with these tips:

 

  • First things first, tenants should make sure all windows are closed and locked.

In the summer, it’s common to bounce between opening the windows and keeping them closed to keep your home cool. It’s understandable if you forgot to lock your windows before the cold weather arrives, but take the time to ensure all windows are locked and sealed to keep warm air from escaping.

  • Check your furnace filter and change it monthly—without exception. 

Keeping your furnace and vents properly maintained will reduce energy consumption and help you save on your bills.The air filter keeps pollution and debris out of your HVAC system, allowing for proper and efficient operation. A dirty filter will slow down the air flow, making the furnace work harder to heat your home. This wastes energy and will result in higher energy bills.

  • While your home is empty, open curtains and blinds to allow heating sunlight into your house.

Opening the curtains on your south-facing windows during winter days allows free heat into your home. Close your window coverings when the sun goes down to keep the heat inside. Be sure to keep windows clean—a dust-free window allows more sunlight and warmth to enter your home.

  • Remember to adjust your thermostat at night. 

By turning your thermostat down 10 to 15 degrees for eight hours every day, you can save hundreds of dollars per year on your heating bills. Consider investing in flannel sheets or a warm comforter for your bed and keeping your home cooler when you sleep.

  • If you have ceiling fans in your house, you can use them to your advantage.

Ceiling fans can be used strategically to achieve better airflow: counter-clockwise will push hot air up in the summer and clockwise will trap heat inside to keep your rooms warmer during cooler months. Turn your ceiling fan on a low setting to gently push hot air back down.

Creekbend Property Management is the answer to all your investment property needs. We are good at what we do. We want you to be successful. 

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Maintenance Tips and Guide for Tenants

Tenants are typically responsible for ensuring their property stays sanitary, clean and in good repair. A landlord is generally not responsible for making any repairs caused by the tenant’s own fault or if their guests damage anything. However, if a tenant notices an issue and fails to report it to the landlord, the tenant may be held liable for additional damage that would not have occurred had the tenant made a timely complaint.

There are some simple maintenance that tenants can perform that can help resolve minor issues without making an appointment for service.

Creekbend Property Management has provided the following maintenance tips and guide for tenants to troubleshoot problems:

  1.  No Power       
  • Check you fuse box for tripped breaker switch
  • Reset the breaker by moving it to the full “off” position and then back to “on.”
  • Check appliances. Unplug all of them in the unit. Reset breaker, plug in one appliance at a time to find the faulty appliance.
  • Contact your power company to inquire if there are power outages in your neighborhood.
  1. No Hot Water
  • Check to see if hot water tank is leaking
  • Check fuse box for tripped breaker switch
  • If it’s a gas water heater, check to see if pilot light is out, if you can’t turn it on, call your gas provider for instructions.
  1. Garbage Disposal Not Working
  • Reset the safety switch underneath the bottom of disposal unit in sink cabinet.
  • Check for blockage in the sink around the blades. Before putting your hands or utensil down the sink, make sure the unit is turned off.
  1. Clogged or Slow Sink (without using harsh chemical drain cleaners)
  • Pour a pot of boiling water down the drain, pour in ½ cup baking soda. Let it sit for a few minutes. Then pour a mixture of 1 cup white vinegar and 1 cup hot water and let it sit for 5-10 minutes. Flush one more time with pot of boiling water.
  • For clogged bathtub and shower drains-pour boiling water down the drain to unclog hair and soap build-up.
  1. Clogged Toilet
  • Use a plunger with short, quick motions. You may need rubber gloves; it can get messy!
  • Pour bucket of water to clear out

   6. Washing Machine Not Working Properly or Not at All

  • Check whether the washing machine taps are turned on at the wall.
  • Check if appliance at the wall is turned on.
  • Check if lid is closing properly.
  • Check if settings knob is pointed directly on the desired settings
  • If the machine has stopped halfway through cycle you may have overloaded the machine and caused it to be out of balance. Try redistributing the wash evenly in the drum.

  7. Dryer is Not Working

  • Dryer can automatically shut down due to overload of lint in the filter Check whether the filter needs to be cleaned out.

Creekbend Property Management wants you to remember the most important thing : your landlord is responsible for the maintenance and  repairs for your home, however  these tips will help address issues better and more efficiently for you and your landlord.

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Prepare Your Home for the Fall Season!

 

Cooler temperatures and falling leaves serve as a reminder that the fall season is fast approaching. As the seasons change, so do our activities and home needs. The weather can change quickly, especially if you live in a colder climate and you don’t want to be caught unprepared. Creekbend Property Management recommends these maintenance projects and checklists for home owners and landlords that will help conserve energy and reduce aggravation later.

 

 

Interior Maintenance

  1. Check for drafts.Feel for drafts around the edges of windows and doors. A good tip is to use a lighted candle and if the flame flickers, there’s most likely a draft. Consider buying heavier or insulated drapery for especially drafty windows.
  2. Have your furnace inspected.Hire an HVAC professional to test for leaks, check heating efficiency, and change the filter. They can also do a carbon monoxide check to ensure air safety. It’s also a good idea to stock up on extra air filters and change them every few months.
  3. Winterize air conditioning.If your home has central air conditioning, (and you live in a climate where you won’t need it any longer,) it may be necessary to cover your outdoor unit for winter. If you use window air conditioning units, remove them or cover to prevent air leaks.
  4. Programmable thermostat.Buy a programmable thermostat, if you don’t have one. If you already have one, check the temperature settings. Setting your thermostat to lower the temperature automatically at night and when you’re not home, can result in substantial cost savings.
  5. Test home safety devices.Replace the batteries in all smoke detectors and carbon monoxide devices and test to make sure they’re working properly.
  6. Clean humidifiers.Replace old filters and clean inside compartment. Vinegar is inexpensive and works well. 

     

    Exterior Maintenance

    1. Do a roof check.You should be able to do at least a visual inspection of the roof from the ground. Grab some binoculars to get a closer look or if you’re able and can do so safely, climb on up for a better view. Look for missing, damaged, or loose shingles. If your roof is flat, you may need to remove leaves and debris.
    2. Check the chimney and fireplace.If you have a wood fireplace and use it often, have your chimney cleaned and inspected by a professional.
    3. Stock up on firewood.Order enough firewood for the season. If you gather your own firewood, make sure it’s dry and ready. It’s best to cover firewood and store away from the house for safety reasons.
    4. Inspect siding.Check home exterior for cracks or holes. Repair them yourself or hire a professional.
    5. Clean the gutters.Hire a service to clear your gutters or do it yourself. Remove leaves, nests, and debris from gutters and check for leaks.
    6. Check water drainage.Rainwater downspouts need to be clear of obstructions and direct water away from foundations, walkways, and driveways. Add extensions to downspouts if necessary.
    7. Reinforce windows and doors.Remove screens and install storm windows and doors if you use them. Check caulk and seals around all doors and windows.
    8. Turn off faucets and store hoses.Drain garden hoses and disconnect from the outside spigots. Shut off exterior faucets, and if you have an older home, you may need to turn off the valve inside your home. Store hoses in a dry place so any residual water won’t freeze.
    9. Service sprinklers and irrigation system.Depending on your climate, your irrigation system may need to be drained and checked. Have a professional perform any necessary repairs and mark sprinkler heads near snow removal areas.
    10. Inspect trees.Check for damaged limbs that may break or that are too close to power lines or the roof.
    11. Trim landscaping.Cut back bushes, shrubs, and flowers as recommended for your climate zone.
    12. Bring in flowerpots.If you keep plants or flower in pots year-round, bring them inside. If you replace plants every year, empty, clean, dry pots and put away for next spring.
    13. Plant bulbs.If you plant bulbs for spring, now’s the time to get them in the ground.
    14. Leaf removal.Rake and remove leaves from the yard. Put into a compost pile if you have one. Alternatively, put into yard garbage bags and leave at the curb for community pick up. Check with your local city or town for requirements and pick up schedules.
    15. Fertilize lawn.Applying fall lawn fertilizer will help prevent winter damage and spring weeds. Ask a local garden center or check online to find out which type of fertilizer you need and when to apply it. If you have a lawn service, they should do this for you.
    16. Put away seasonal furniture.Clean and store seasonal outdoor furniture. Remove and clean cushions. Wash and dry furniture and store in a dry place over winter.
    17. Close the pool.If you have a pool and live in an area where temperatures dip, schedule a service to come and close it for the season or if you know how, buy the supplies and do it yourself.
    18. Organize the shed.As your shed is filling up with summer items in storage it’s a good time to organize and clean out the shed. Move summer items to the back and winter stuff up front for better access. Also, remove any liquids that will freeze.

    In the Garage/Shed

    1. Service summer power equipment.Empty fuel and clean lawnmower and trimmer. Have lawnmower blades sharpened and oil changed. Have any necessary repairs done now, so that you’re ready come spring.
    2. Store summer vehicles.If you have a motorcycle summer car, ATV or other type seasonal vehicle, now’s a good time to have that serviced as well.
    3. Get winter equipment ready.Service snow blower and make sure it is ready to go, especially if you live in an unpredictable climate.
    4. Test the generator.If you have an emergency generator for power outages, give it a test, and make sure it’s in good working order.
    5. Buy extra gasoline.Purchase extra gas to have on hand for use in your snow blower or generator, so you’re prepared for emergencies. Make sure you store gasoline in tanks away from fire sources and out of children’s reaches.
    6. Clean the garage.Since you’re in the garage prepping for fall, you might as well purge, organize and  clean it while you’re there!

    As you’re enjoying the last bits of summer, make sure that your home is prepared for the coming fall season. Creekbend Property Management knows from experience that implementing preventative maintenance now will save money on expensive emergency repairs and wasted energy costs. Properly maintaining your home also enhances its value and appeal and is less effort than managing a crisis later.

    Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Safe Clean-up After the Storm

In the aftermath of weather threats such as hurricane, tornado, flood or severe thunderstorm, we just want to get back to our normal lives. Cleaning up is the first step and it can be a big undertaking, and it can also be dangerous. Before you begin the cleaning process, Creekbend Property Management wants you to remember to think about approaching the job with safety in mind and the right tools to help keep you safe.

 

Wear Proper Safety Clothing-

If you are clearing large amounts of broken, splintered, or sharp objects use work gloves, safety glasses, long sleeve shirts, long pants, and toe covering shoes. Use ear protection and helmet if you will be operating a chain saw.

Keep your feet protected with rubber boots if cleaning up after a flood or heavy rain. The boots will keep your feet dry and protect you from snake bites, leeches, and sickness from contaminants and pathogens from potential ruptured sewer lines.

Keep Away From Power Lines

If you see a downed power line stay away ever if you think there is no electricity. Stay far away from any water that could conduct electricity from the power line, travel through the water and cause electric shock.  Let the professionals repair the power lines before you attempt to clear fallen trees and branches from roads and lawns. If you see a power line sparking or on fire, call the local power company or local fire department.

Be Prepared for Fires

As you are cleaning up after a storm, always have a fire extinguisher close at hand. When storms or flooding has damaged gas and electrical lines, the risk of fires is greatly increase.

Use Flashlights, Not Candles

If you need to check your home for damage use flashlights. Never, ever, use matches, candles, lighters, or kerosene lanterns. Exposing a flame near damaged gas lines can cause an explosion.

Keep Gas Powered Equipment Outside

Gas engines emit carbon monoxide, an odorless, colorless, and poisonous gas you should never breathe. Keep generators, pressure washers, water pumps, and other gas powered engines outside.

Remember, the storm may have passed, and you and your loved ones are safe, but the threat of potential harm has not.

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palms, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

Think You’re Ready to Invest in Rental Property?

Rising home prices and tighter lending restrictions given rise to millions of American to opt to rent over owning homes. As a result rental rates are on higher and many homeowners are dabbling in investment property.  Depending on the rental property, the financial gains can be significant, however not without some snags along the way. Owning rental property requires hard work, patience, and time to be successful.

Creekbend Property Management has provided some of the main factors to consider before making your investment decisions:

  • How profitable is the investment?   The main reason you’re considering rental property investment is to make money. Take a look at the rental markets in your area to determine demand and what other properties are bringing in. Look for rental property in areas where vacancy is low and the demand is high.
  • Can you afford to maintain rental property?  In addition to the monthly mortgage payments consider all the expenses that are required to maintain your investment; property taxed, homeowner’s insurance, routine maintenance and repairs.  If you have a vacant unit sitting empty for a while, you may have to pay out of pocket to cover your costs.
  • Do you have the time? Handling multiple rental properties is a full time commitment, even if you have one tenant, it can take a significant chunk out of your time. As a landlord you’re responsible for taking care of issues that will come up like leaking water heaters. Collecting and keeping track of rental payments, paying bills and expenses associated with the property. You may consider hiring a property manager to take care of the work for you.
  • Do you have long term goals? Really take the time to consider what you hope to achieve before rushing in a deal regardless how good it looks on paper. Are you using the rental income to build your nest egg? Or generating enough financially to cover your expenses? What if the rental home was more work than anticipated? How would it affect you financially? Make sure you consider the answers to these questions to determine if being a landlord is right for you.

 

Make sure you consider the answers to these questions to determine if being a landlord is right for you!

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palm, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

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