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The Benefits of Hiring a Property Management Company for Your Rental Investment

How does the home owner benefit from a Property Manager when renting out their home? This question should cross every investor or homeowners mind when they consider renting out their home.  Why you ask? Because everyone needs options when making a life changing decision, and yes becoming a landlord is a life changing job. As a landlord you constantly deal with issues from the tenant, whether they are big or small, it’s possible your phone could be ringing often, especially when you’re renting more than one home.

 

What the Property Manager does is become the middle man, and the landlord. If you’re working, or on a vacation, it can be quite difficult to handle a tenant’s immediate needs, such as their a/c system not cooling on the hottest day of the year. You need to have a backup plan for your backup plan.

That’s where  Creekbend Property Management, a Charleston rental property management company can be there when you can’t to make sure your investment home is fixed promptly and properly.

 

How does Creekbend Property Management benefit you, the homeowner?

  • We call the plumber, the electrician, the water company, etc. to make sure the tenant’s needs are assessed and you can relax on your Hawaiian vacation.
  • We conduct routine home inspections twice a year to make sure it is as safe and livable as possible, once again, so you don’t have to. We will always shop around for the best quotes for our clients.
  • We run background and a credit check on every tenant, a cost that is covered by us. This gives everyone a good idea on what kind of tenant will be renting the home.
  • We use state of the art property management software that allows tenants to pay rent online, request maintenance service, keeps track of rental collections, work orders, and inspections.
  • We advertise vacancies on over 100+ listing sites through our website, reaching more potential tenants, getting your rental filled faster
  • We schedule showings with all tenants to show them the home and get to know them on a personal level, because sometimes a simple paper just doesn’t cut it. A personable Property Manager is one who wants and retains a permanent and trustworthy tenant.

This all sounds like a lot of work doesn’t it? That’s because it’s a full time job that employs people all over the world. If you’re renting out your old home you want to have time to relax on a boat and fish on the bay, do you really want to drop everything to fix an issue or interview perspective tenants? No, you want your investment to work for you! If you want more information on how Creekbend Property Management can help you get paid while sun tanning, golfing, or traveling, please contact us by email or phone.

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!

What Does Creekbend Property Management do?

What does Creekbend Property Management do? To start, we manage… to make you money. You may ask, exactly what does that mean? Simply put, our job is to make you money and minimize your stress! We want you, as an investor, to make the most out of your rental property. Creekbend Property Management got over 10% more rent than a landlord in more than 80% of the properties that we took over last year.

 

Creekbend Property Management is a well established Charleston property management company, providing rental management services as a one-stop-shop for all of your concerns as a homeowner or potential property investor!

  • We properly market your property on 200 sites including: Trulia, Zillow, Craigslist, our blog, Facebook, Twitter, and our official Creekbend Property Management website. We create ads that are appealing to renters and show off the properties. We feel each property is special and we try to highlight that in every post. After we gather multiple interested parties, we thoroughly check each applicant to ensure they are responsible financially and otherwise.

Success! We have found a wonderful new tenant for your property! Next, to keep the property investor stress free, we prepare all lease agreements, lease renewals, and/or termination.

 

  • Before handing the keys over to the new tenants, we go over the lease with the new tenants to ensure all the i’s are dotted and t’s are crossed. We then photograph the property: inside and out for documentation. We, as a rentalproperty management company, want you to be aware of the exact condition your property is in. We want to assure you that your investment property is still spic and span.

We save the homeowner money by having our very own maintenance staff to handle general repairs. If the issue is more than a general repair, we work closely with many companies in the Charleston area which often give us, and in turn you, lower prices.

 

  • Once your tenant has moved in, we collect a security deposits as well as the monthly rental payments in order to keep the investor hassle-free by using cutting-edge property software technology. If there is ever an issue with a tenant, we address it immediately. We handle delinquent payments and returned checks. If the problem grows out of hand, we also handle tenant evictions and legal matters. We have an experienced attorney that we can reach out to at any time.

If damage due to unforeseen events i.e. severe weather were to happen to your property, we also handle and process insurance claims. We deal with the insurance companies for you to get you the most money. Creekbend Property Management also has a fulltime Spanish speaker ready to help with any communication.

 

  • Finally, at the end of each month we give you a detailed report of your investment property to keep you informed about your property. Now, go take that vacation and let us do the work for you!

Creekbend Property Management is the answer to all your investment property needs. We are a professional property management company; 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 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!

Questions to ask Prospective Property Management Companies

Home For RentOwning real estate rentals can be financially rewarding and requires serious commitment of your time and effort. If you decide to hire a property management company to manage your rentals, Creekbend Property Management, a well established Charleston, South Carolina property management company, knows how important your investment is and the level of service you expect.

 

Here are some of the questions provided by Creekbend Property Management that you should be asking prospective property management companies:

How many properties or units are they managing and how many employees assist in managing the properties?

A good property manager with the right tools can manage between 30-40 units without    employees.

Does the property manager own rental properties themselves or sell real estate?

You want to make sure there is no “conflict of interest.”

How often will they conduct a formal inspection of properties?

A good property manager will include formal inspections as part of their commitment to the investors/owner. Be aware of property management companies who charge a fee for routine property inspections.

Is the prospective property manager a good listener?

The best managers are those who know who their clients are, who listen to their needs, and are constantly looking for ways to make sure clients are happy.

What type of property management software system are they using? 

A good property manager will use software to improve management efficiency. During the interview with the prospective property manager ask if they use software and can provide samples of reports.

What is the charge for managing your properties?

Most property managers charge between 7% and 10% of the rents for managing your properties. Be sure you know what that percentage is based on.

How will the property manager address maintenance issues?

Most property managers will make maintenance decisions up to $250 without obtaining authorization from the client to ensure issues being resolved quickly for the tenant. Keeping tenants happy and retaining tenants should be a priority.

Will the property manager commit to providing reports and your portion of the rents no later than the 10th-15th day of each month?  

You want to make sure you are on the same page as the property manager as well as on the same schedule! A good property manager will have this in the management agreement.

 Most importantly, the prospective property managers should be ready, willing and able to act to the benefit of the property owner to resolve any issues quickly and efficiently.

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!

Get Your Home Ready for Winter in the Fall

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, if you live in a colder climate you especially don’t want to be caught unprepared. Creekbend Property Management recommends these  fall maintenance projects and checklists to help you get ready for winter in the fall.

 

 

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 your house.
  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!

Emergency Planning and Preparedness for Severe Weather

Emergency planning and preparedness again?Yes, it is that time of the year ! The threat of tropical storms, hurricanes and flooding loom ahead for the next couple of months and Creekbend Property Management wants you to be ready before it’s too late! Planning is easy, if you think about it before there is an emergency! Use this list as a guide to help you be prepared. You don’t have to be in the military to have a “bug out” kit when it’s time to skedaddle.

 

Buy a storage tub and fill it with the following items:

  1. Flashlight
  2. Extra batteries
  3. Battery-powered radio
  4. First-aid kit
  5. Tools; hammer, pliers and wrench
  6. Can opener
  7. Non-perishable food (at least a three day supply) Don’t forget your pets!
  8. Matches or lighters
  9. Garbage bags
  10. Water jugs (enough for each person to drink one gallon every day for at least three days
  11. Solar charger for cell phones
  12. Moist towelettes/wipes
  13. Local maps (in case your GPS fails you)
  14. Paper towels, plates, plastic cutlery and cups (in case of evacuation)

Batten Down the Hatches!

  1. Bring in all lawn furniture, rugs, mats, lawn ornaments or tie down to prevent any projectile objects.
  2. Check if any tree branches need to be trimmed or cut back.
  3. Reinforce doors, especially double doors.
  4. Secure windows, close blinds and shutters.
  5. Turn off utilities if instructed to do so, otherwise, turn refrigerator thermostat to the coldest setting, keep the doors closed. If you are evacuating take out the foods that could potentially spoil if power goes out.
  6. If evacuating fill bathtub with water. After Hurricane Katrina hit New Orleans, many people could not access water in their homes for basic everyday hygiene and flushing toilets. Make sure tub has been scrubbed clean and rinsed well before filling.

In The Event of An Evacuation:

  1. Ask an out-of-area friend or relative to be someone that household members can call during an emergency. Be sure every member of your family has the phone number of the emergency contact person. It’s also a good idea to keep a prepaid phone card on hand in case you are unable to use your own phone.
  2. Create backup files of your records in digital form so you can access them from anywhere.
  3. Have at least an half a tank of gas in your car at all times
  4. Have enough prescription meds for you and your pets to last at the least 10 days
  5. If your pets do not travel well, talk to your vet about giving your pet a sedative, and if you have more than one cat, have a pet carrier handy for each animal. Don’t forget the leash and bowls!
  6. Have emergency cash on hand, ATM’s may not work if there is a power outage
  7. Have a cooler handy ready to fill with ice (keep a bag of ice in freezer at all times if you have the space)
  8. Blanket for each person or sleeping bag (a tent if you have one)

Creekbend Property Management urges our tenants to be ready for any emergency, by planning for now, not in the middle of one. Creekbend Property Management is located in Charleston, SC specializing in rental properties in James Island, Mt. Pleasant, Summerville, Goose Creek, North Charleston, and West Ashley.  We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; peace of mind!

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!

Why Landlords Require Tenant Background Checks

Choosing the right tenant is a business decision. Landlords want tenants who will take care of their investment property, pay rent on time, and keep neighbors and community safe from risk of harm. How landlords choose the right tenant is important and they need to be able to justify their decision for accepting or rejecting any tenant through a background screening process. Creekbend Property Management believes the future is best predicted by observing the past with background screening.

 

Here are the most important reasons why landlords require background checks:

Keeping Neighbors and Community Safe.

When landlords consider who to rent to, they think of it as who then are allowing in their building and the community. Good landlords make it their responsibility to their community to choose tenants who don’t put anyone at risk of harm. Also, landlords are constantly interacting with tenants, sometimes about difficult things that could end up into arguments. Landlords need to be sure that their tenant is responsible and not violent.

Protection From Liability.

If a landlord skips a tenant background check, they may be liable if something goes wrong. If a crime occurs in their building because their tenant lives there, the landlord could be sued for negligence. Landlords are allowed to deny an applicant based on criminal history, but they have to prove that their decision is meant to preserve the safety of the property and the community.

Discourages Tenants Who Have Something to Hide.

Running a background check on perspective tenants sends a message to the applicants. It weeds out the people who want to hide something. Tenants who are trying to hide something are tenants who will likely cause landlords problems down the road. Landlords don’t need to know about speeding tickets, but they are interested in arrests, felonies, and convictions.

Reduces Tenant Turnover

Landlords are conveying to prospective tenants that they have a rigorous tenant screening process. This will attract high quality tenants who are more likely to stay long-term or renew their lease. This saves a careful landlord time and money and saves them from possible legal trouble and headaches.

Creekbend Property Management recommends background checks because it can be the best predictor of troublesome tenant behavior. A solid screening process is a critical part of being a successful landlord to assist in protecting their investment, neighbors, and community.

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!

Living in Harmony With Your Neighbors

Living in harmony with neighbors can easily be achieved by following the “golden rule”; by establishing and maintaining a courteous relationship. Whether you are a first time renter or been around the block more than a couple of times it’s a smart policy to be on good terms with the neighbors.

Good neighbors can help you when you’re in a bind whether it’s  keeping an eye on your place if you’re out of town, or collect mail or hold on to deliveries or to get a cup of sugar for a recipe; or if there is an unfortunate case of an emergency.

Creekbend Property Management offers a few helpful tips on establishing and maintaining courteous relationships with your fellow neighbors:

Be friendly

Make a good first impression by introducing yourself.  A simple hello or greeting goes a long way making it easier to interact in the future.

Ask some basic questions

Friendly chit chat… i.e. “How long have you lived here?” Learn a little about them and share a little about yourself.

Acknowledge neighbors who smile or greet you

You don’t have to be their best friend or a social butterfly, which can come across as being a busybody, or stop and chat, but a smile and a wave doesn’t cost anything.

Be mindful of your neighbor’s privacy

If your neighbor looks like they are in a hurry or told you they are in a rush; end the conversation!

Let your neighbor know you are there should they ever need help

If you have elderly neighbors and you see them struggling with groceries, ask them if they need assistance taking the bags in or hold doors open. Same applies if your neighbor has young children and is trying to juggle baby, groceries, and a three year.

Repay a neighbor who does you a favor

If you asked a neighbor to collect your mail or water your plants while you’re out of town, remember to pick up a gift or restaurant gift certificate to let them know you appreciate their help.

Don’t annoy the neighbors if you throw a party

Tell your neighbors in advance by writing a polite note informing them you’ll do your best to keep the noise down and provide your phone number if they have any questions; they are more than welcome to come over. If you’re celebrating something like a new job or engagement, tell them why you’re having a party.

Inform your guests where they can park

Make sure your guests do not park in your neighbor’s parking space or park on the sidewalk or on landscaping.

Clean up after your party

Provide several trash receptacles around the yard to encourage guests to dispose cups, bottles, and the like responsibly.

Be a responsible pet owner

Clean up after your pet when going for “walks.” Keep pets on their leashes; avoid allowing pets to run around unattended.

Putting in a little friendly effort and consideration for neighbors will have big payoffs down the road. It will be worth having peace of mind knowing your neighbors are looking out 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!

Practical Advice for Splitting Rent with Roommates!

One of the biggest advantages of having a roommate is the ability to split the cost of rent and utilities; which usually mean you’ll be able to afford a larger apartment or house with better amenities than you could if you were living alone. However, when you live with roommates, you have to share major expenses, and money can be a sensitive subject. Whether the bedrooms are different sizes or one person has more amenities than another, sometimes splitting the rent evenly isn’t totally fair.

 

Creekbend Property Management has some practical advice to help avoid giving yourself a headache trying to come up with a fair way to divvy up rent.

 

Here are some easy ways to divide rent practically among roommates!

  • Splitting the cost by size: If there is a big disparity in the size of the bedrooms, you may want to base what each roommate pays by square footage. You can do this by dividing the total cost of rent by the total square footage of the apartment. For example, if your rental rate is $1,000 per month for a 1,000-square-foot apartment, the cost per square foot is $1. Next, determine the square footage of each bedroom, and multiply that number by the cost per square footage. If one bedroom is 250 square feet and the other is 350 square feet, the rental cost per bedroom would be $250 and $350.  
  • Factoring in amenities:In addition to square footage, you should also consider other amenities and comforts like private bathrooms, etc. For example, if one roommate gets a master bedroom with a walk-in closet and his or her own private bathroom, he or she should pay more than the roommate with the smaller closet and shared bathroom. You can use RoomieCalc to help you fairly calculate the amount of rent each person should pay based on the size of rooms and their amenities.
  • Don’t forget other shared expenses: While you’re discussing how to split the rent, you should also talk about utilities. Does one person never watch cable while the other can’t live withoutGame of Thrones? Talk through who will use what, and decide what you think is fair.
  • Online tools:You can always go the traditional route of using a spreadsheet, but technology has made it easier than ever to split rent and bills. Simply use a bill-splitting website such as Splitwise or Spliddit and have the math done for you. These sites can also keep track of who owes what, so there’s no question of whether or not everyone has paid their share.
  • Get your rent down in writing:To guard against future money disputes, get it down in writing and make sure each person has a copy. A roommate agreement is the perfect way to get your details on file so you’re not left wondering the terms in the future. It may seem a bit overkill, especially if you’re living with friends, but a roommate agreement could help you save on expenses and avoid arguments down the line.

    This article is brought to you by Creekbend Property Management an experienced property management company that prides itself on quality service for both homeowners and tenants. Don’t forget to check our weekly blog for property listings, helpful tips, community news, and more!

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!

Communication is Key for a Successful Tenant- Landlord Relationship

Landlords and property managers are faced with day to day challenges in the rental world. Creekbend Property Management knows that one of the main issues is communication for a successful tenant – landlord relationship. The first place to start for good communication is at the move in appointment. Most tenants are mechanically signing where instructed in order to get the keys without taking the time to read a legal document.

 

To ensure everyone “is on the same page” Creekbend Property Management will go over each paragraph with the tenant ensuring that they understand what is expected of them before they sign on the dotted line:

 

  • When rent is due, when the late fee is assessed, and the amount of the late fee. Any delays caused by mailing are not the landlord’s responsibility.
  • Remind tenant of the end date of the lease and the amount of notice required if they don’t want to renew. If the tenant does not want to renew, they are required to send the notice by certified mail.
  • Emphasize that no pets are allowed or no additional pets are allowed to be added without the landlord’s permission, and an additional deposit will be required for the added pet.
  • If the tenant has a pet, renter’s insurance is mandatory.
  • If the lease prohibits smoking inside the premises, make sure the tenant understands they have to smoke outside.
  • Remind the tenant that utilities will be disconnected once they sign the lease. Once the rental application is approved, the tenant can go ahead to order service.
  • The only people allowed to live in premises are listed on the lease.
  • Review who is responsible for the lawn maintenance (if it’s a single family house) and what is expected besides cutting the lawn.
  • How is pest control handled? Again if it’s a single family house, the tenant is usually responsible. Go over what the “pests” are; rodents, ants, roaches, spiders, etc.
  • If your lease provides any additional penalties; landlord filing for or halting an eviction process, unauthorized pets found at the property, etc.
  • Review with the tenant what you expect for them to do in maintaining the property; changing HVAC filters, clear toilet clogs, etc. This is the time to remind the tenant that any damage due to abuse or neglect on their part will be charged back to the tenant.

To reduce the chance of a misunderstanding and fewer problems down the road, Creekbend Property Management recommends covering all of these points in advance during the lease signing. A thorough briefing at the lease signing will mean reduced expenses and problems and a better cash flow for the landlord!

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!

Why You Need Renters Insurance

 

Why do you need renters insurance? Would you be able to afford to replace all of your items if they were stolen, or damaged in a fire? Tenants, in most instances, do not consider obtaining renters insurance because the assumption is the landlord’s property is already insured. However the landlord’s insurance coverage is for the building structure and does not extend to protecting to the tenant’s personal belongings or provides coverage if your vehicle is broken into. Now ask yourself, is it worth the risk not to have coverage?

At Creekbend Property Management, we take our tenants needs seriously, which includes requiring tenants to carry insurance coverage for personal property and informing tenants what the benefits of renters insurance can do for them.

Here are the benefits of Renters Insurance:

 

  • Help Replace Personal Property

Renters insurance will provide protection for your personal property; electronics (i.e., iPods, computers), furniture, clothing, jewelry, musical and sporting equipment. The coverage may also include storage units on the property.

  • Pay for Damages

Renter’s policy will state exactly what you’re insured against, the policy will generally include: fire or lightning, windstorm damage, smoke, vandalism, theft, water damage, and other common loss types. Some renter’s insurance covers not only replacement of damaged or destroyed personal items, but also pay for the removal and disposal of those items (carpets damaged due to overflowing tubs or toilets), making it easier for the landlord to clean and repair the house.

  • Cost Effective

Renter’s insurance can also be combined with car insurance for theft and vandalism protection, sometimes lowering your monthly payments.

  •  Pet Insurance for Protection from Personal Injury Lawsuits

If you own a pet, look for a policy that covers a specific amount above and beyond pet deposits, especially if your pet frequently soils carpets or chews door trims.  Also, pet insurance liability policies cover personal injury lawsuits resulting from dog bites.

Whether you are a landlord or tenant, protecting your property and possessions can help prevent huge financial set-backs that in many instances take a long time to recover from. At Creekbend Property Management, we know nobody has time for that! Protect your investments, property, and have peace of mind.

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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