North Charleston Property Management
Let us manage your rental home in North Charleston, SC!
We offer a full range of property management services tailored to you as an investor, homeowner, or landlord. We have an extensive portfolio of single-family homes, townhouses and condos in the North Charleston area.
North Charleston is a great place to work and live. We are proud of the growth and change in our city making it a desirable location for real estate investors to purchase rental properties. North Charleston’s real estate prices and economic growth are leading to increased ROI on rental properties in the area.
Our Company Headquarters is centrally located in Old North Charleston’s Park Circle neighborhood. Park Circle has been rated the #1 Old House neighborhood in the US! Park Circle rental homes are in high demand.
We are huge fans of supporting local business in Park Circle. If you are in the area please stop by and see us! Also be sure to visit some of our favorite local shops and restaurants. Any of our Property Managers would be happy to make a recommendation.
What sets us apart from other property management companies in North Charleston?
- Personalized attentive service, with thorough communication.
- Licensed Experienced Local Property Managers.
- Assigned Property Manager so you will always have a point of contact.
- Expert knowledge of the industry and Daniel Island real estate market.
- Experience dealing with all kinds of property and tenancy issues.
- Established relationships with local services providers of all types.
- We ONLY do property management! No brokerage, sales, or other business operations that take up our time.
- No maintenance surcharges!
- No hidden fees!
Inquire About Our Services
Plus, you don’t have to pay anything until your property is rented! That means no upfront cost for you, because you’re not paying until your tenants are. You can now enjoy the benefits of increased revenue, growing investments and greater free time. That’s what our professional management services are for.
Why Choose Oak Trust Properties?
Our property management services can help you:
- Reduce Vacancies & Turnover
- Find better tenants
- Reduce maintenance costs through our extensive contractor network
- Maximize your ROI
- And many other factors
The Benefits of using Oak Trust Properties
1. Quality Tenant Placement GUARANTEED
Here at Oak Trust Properties, we are extremely confident that we can place quality and reliable tenants through our comprehensive screening and background checks. Because of this we offer that if ANY tenant placed and managed by Oak Trust is evicted for any reason, or skips within 12 months after placement, we will find a replacement tenant for FREE! When it comes to tenant screening and placement, we do our homework so you can have peace-of-mind knowing that your property is in responsible hands. This is the absolute BEST tenant guarantee in the industry!!
2. Reduce Vacancies and Turnover
Our tenants appreciate our prompt attention to their issues. Our comprehensive screening and background check process, is the reason why we have such a low vacancy rate. Our average turnover is only 6 days! We accomplish this by showing properties BEFORE they are vacant. Our goal is to have a new tenant in line before the old one moves out! When we get notice of a tenant moving out, we list our properties on over 150 websites for maximum exposure. We also return EVERY phone call and email promptly from all interested tenants assuring that your property rents as quickly as possible.
3. Excellent Customer Service
We pride ourselves on excellent communication with our owners and tenants. If you need us, we are here!! Same day communication is an absolute guarantee! Our online owner statements are provided monthly so you can see each and every action taken on your property.
4. Minimize Maintenance Costs
We find that the best way to keep maintenance costs down is by frequently checking on our owners’ property. Our team conducts maintenance inspections twice a year to catch small issues before they turn into BIG problems. Our licensed and bonded handymen are trained to provide you with the best service at the lowest overall cost. No maintenance surcharges!!
BOTTOM LINE: We reduce your costs and increase your profits!
Here is how
- Vacancy periods are significantly reduced with our extensive pool of prospective renters.
- We have relationships with maintenance contractors and receive discounts on work done, thereby passing the savings on to you.
- REGULAR interior and exterior inspections to ensure your property is properly maintained.
- We perform extreme due diligence on our renters backgrounds to minimize your overall vacancy rate and potential non-payments of rent. (criminal, credit, work/landlord history, and check personal/professional references)
- We save you all of the time that it takes dealing with maintenance and tenant hassles, not to mention accurate monthly activity statements, saving bookkeeping time costs.
- Handle all evictions and court appearances
What else do property managers do?
Evaluate the property and determine an accurate rental rate.
- Perform detailed documentation of the interior and exterior including photos
- Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing good ROI.
- Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include looking at the recently rented comparables according to size and type.
- Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.
- Install a lock box
Market the property for rent
- Prepare home for rent
- Clean home and optimize interior appeal
- Manicure landscaping to increase curb appeal
- Create ads tailored to the property and advertising medium. Some of the mediums commonly used are:
- Paid and free rental listing websites
- Print publications
- Work with other realtors and leasing agents to find a tenant
- Field calls from prospects for questions and viewings
- Meet prospective tenants for showings throughout the week and weekend.
- Provide prospective tenants with rental applications that are legally compliant with fair housing laws
- Collect applications with application fee
Tenant Screening and Selection
- Perform a background check to verify identity, income, credit history, rental history, etc.
- Grade tenant according to pre-defined tenant criteria
- Inform tenants who were turned down
Tenant Move In
- Draw up leasing agreement
- Confirm move in date with tenant
- Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance
- Ensure all agreements have been properly executed
- Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
- Collect first month’s rent and security deposit
- Receiving rent
- Hunting down late payments
- Sending out pay or quit notices
- Enforcing late fees
- Filing relevant paperwork to initiate and complete an unlawful detainer action
- Representing owner in court
- Coordinating with law enforcement to remove tenant and tenants possessions from unit
- Advise in the event of a legal dispute or litigation
- Refer owner to a qualified attorney when necessary
- Understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.
- Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations
- Send owner periodic reports on the condition of the property
- Provide accounting property management services
- Make payments on behalf of owner (Mortgage, insurance, HOA dues, etc.)
- Detailed documentation of expenses via invoices and receipts
- Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
- Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
- Advise owner on relevant tax deductions related to their rental property
- Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses
Maintenance, Repairs, and Remodeling
- Provide and oversee an in-house maintenance crew
- Establish a preventative maintenance policy to identify and deal with repair needs
- Provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.
- Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.
- Maintain outdoor areas
- Removing trash and debris
- Maintain and monitor a 24 hour emergency repair hot-line
- Larger renovation or rehab projects
- Provide recommendations on how the project can maximize rental income.
- Prepare preliminary cost estimates
- Get multiple independent bids for the work
- Act as general contractor overseeing the work
Tenant Move Out
- Inspect unit and fill out a report on the property’s condition when the client moves out
- Provide tenant with a copy as well as estimated damages
- Return the balance of the security deposit to the tenant
- Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
- Clean unit and perform and needed repairs or upgrades
- Re-key the locks
- Put the property back on the market for rent
- And much, much more!
North Charleston Area Information
North Charleston is the third-largest city in the U.S. state of South Carolina, with incorporated areas in Berkeley, Charleston, and Dorchester counties. On June 12, 1972, the city of North Charleston incorporated and was the ninth-largest city in South Carolina. As of the 2010 Census, North Charleston had a population of 97,471, growing to an estimated population of 108,304 in 2015, and with a current area of more than 76.6 square miles (198.5 km2). As defined by the U.S. Office of Management and Budget, for use by the U.S. Census Bureau and other U.S. Government agencies for statistical purposes only, North Charleston is included within the Charleston–North Charleston–Summerville metropolitan area and the Charleston-North Charleston urban area. North Charleston is one of the state's major industrial centers and is the state's top city in gross retail sales. Source From Wikipedia
Areas We Serve