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5 Tenant Screening Tips That Will Help You Place the Best Tenant in Your Columbia Home

Web Admin - Thursday, February 23, 2017

Finding the best Columbia tenants you possibly can is important to all landlords and rental property owners. The number one concern of most Columbia owners is the fear that they will rent out a home and their tenants will cause all sorts of damage, not pay on time, and just leave a huge mess to deal with. When you rent out a property, there is always a possibility that the worst-case scenario might land at your doorstep. But generally, that’s not the case. With some good tenant screening, you can reduce a lot of your risk.  

Criminal Background Check

 
One thing you can do is a criminal background check that lets you know if a potential tenant has a violent history. Be sure you follow HUD’s guidelines for criminal background checks and reference checks so you don’t deny an application inappropriately. 

Rental Reference Check

 
This is one of the most important things Columbia landlords can look at. References will tell you what a potential tenant has done in the past. Talk to current and former landlords about the tenant’s payment history and behavior. Make sure you verify that you are talking to the actual landlord or homeowner. Don’t take the resident’s word for it when you get a phone number. Make sure it’s the person who owns or manages the home. You can check tax records or look up the phone number. 

Eviction History

 
Checking a tenant’s eviction history is also critical. Most counties have free websites where you can put a tenant’s name into a database and see if the tenant has been evicted or had an eviction filed. This is a big red flag. If you have someone who has been filed on, that’s a huge problem. Stay away from that resident because they have been delinquent enough previously to cause that filing. 

Income Verification

 
Get income information and ask for pay stubs to verify the information provided by the tenant. Contact employers as well. Verify that the 
tenant works there, as how long they have been employed, and what their position is. Make sure they have enough income to cover the rent. Credit Report Look at the debt a tenant has so you can make sure that the income minus the debt still leaves enough to cover rent. 

These tips will help you choose a great tenant for your rental property. If you need any help avoiding a tenant default, or you’d like more information on Columbia property management, please contact us at Turner Properties.

3 Tips for Reducing Vacancy in Your Columbia Rental Home and Keep the Cash Flow Coming In

Web Admin - Wednesday, February 15, 2017


When you own rental property, you need to focus on avoiding vacancy so you can protect your rental income. Knowing how you can keep your rental home occupied and keep your Columbia tenants happy will help you achieve that goal. You don’t want to lose good residents or the cash flow that comes with them. We have a couple of tips for Columbia landlords.  


Develop Relationships

 
Establish and maintain good relationships with your tenants. To do that, you need to communicate well. If your tenants are communicating concerns with you, try to be fast and responsive. Answer their questions and keep them in the loop.

Take Care of Maintenance 


Be speedy and thorough when it comes to maintenance. One of the number one complaints we hear from tenants is that maintenance isn’t completed on time. Repairs are a fact of life and if you have a rental home, things will go wrong. Most tenants understand that it’s not the owner’s fault, just part of owning real estate. If you can resolve issues in a timely manner, especially large issues, you’ll keep your tenants happy and they’ll be more likely to stay in the property. Even if you cannot fix things right away, communicate with your tenant. Let them know you’re working towards resolving the situation. 

Offer Incentives


Think about incentives to keep your Columbia renters in the property, especially if they are good tenants you don’t want to lose. You can offer free rent potentially, or a discount on rent when they renew their lease. It might also be a good idea to make upgrades to the home. There are things tenants 
might enjoy that will also add value to your property. Add a storm door to the front door; tenants will appreciate keeping the door open to allow the light and fresh air in. Then, it stays with the property. Ceiling fans in the bedroom will help in hot summers and it’s a benefit to you as the owner as well. 

Listen to your tenants and communicate with them. That will go a long way in avoiding vacancy and keeping great tenants. If there is any other help we can provide with Columbia property management, please contact us at Turner Properties.

How to Get the Max Rent for My Home – Columbia Property Manager Explains

Web Admin - Wednesday, February 08, 2017


One of my most commonly asked questions is – how do I get the maximum rent for my property? There are several things we can do for Columbia landlords to increase the amount of rent and get you the most money we can per month on that property. 


Curb Appeal

 
This might sound like common sense, but curb appeal is so important. That means pressure washing the house if it needs it, trimming the hedges, putting some mulch out front, keeping the yard looking good and creating a warm and inviting first impression. Spend some time on curb appeal so good tenants will be willing to pay what you’re asking. 

Making Renovations

 
Doing some renovations on the inside of the property will make a difference. Even inexpensive updates will help you earn more money on rent. Consider painting before you put your property on the rental market. Replacing light fixtures and taking down old brass door handles and replacing them with brushed nickel will give the home a cleaner, more modern look. Take down the old white ceiling fans and do something with a dark wood to create an updated look. Appliances are important too, so change out older appliances because kitchens are huge when it comes to rental price and finding good tenants.  

Correct Pricing 


Be careful not to overprice or underprice your property. When we are helping Columbia owners price their properties, we look at comparable rentals in the 
area, as well as the features and amenities of your home, its age, and its condition. This helps us to come up with a price point that works in the market. We don’t want to leave money on the table, but we also don’t want to let the property sit vacant. 

These are the things that will help increase rent and demand for property. If you’d like more information about our Columbia property management services, please contact us at Turner Properties.

Why You Should Invest in Residential Real Estate in Columbia

Web Admin - Wednesday, February 01, 2017
If you’re wondering why you should buy rental real estate in the Columbia market, we have a couple of reasons that we’re sharing with potential Columbia owners today. 

Stable Market

 

Low Costs

 
The cost of housing is relatively low. When you look at how much you would have to spend to buy a piece of real estate and what you could rent it for, the cap rate and the numbers you can receive on that investment are generally better than the rest of the nation, especially when you look at housing costs. In this market, the average home price is a lot lower than the national average. 

Growing Population

 
Our population is growing. In the middle of South Carolina, we are on pace to grow by almost six percent in the next five years. That will drive the demand and the need that Columbia tenants have for rental housing. 

Increasing Rents 


Rents are increasing. With the influx of Columbia renters in the market and our inventory not as deep as we would like on the rental side, we can increase rent. Apartment complexes and property management companies are seeing a three to five percent increase annually on rent prices. That turns into a better return for you. 

Hopefully, you can see why Columbia is a great market to invest in. If you have any questions, please contact us at Turner Properties. We’d be happy to tell you everything we can about our Columbia property management services.

4 Benefits of Renting Out Your Columbia Rental Property

Web Admin - Wednesday, January 25, 2017


The Columbia landlord advice we’re sharing today concerns why you would want to have a rental property. Actually, it’s hard to imagine why anyone wouldn’t want to have a rental property. There are so many benefits to Columbia owners. 


Building Equity with Rent 


When you own a rental property, you’re getting a piece of real estate that someone else is paying for. If you have a mortgage and we rent the property out for you, your tenants are paying the mortgage for you. You get to keep all the equity that’s building in the asset without paying for it on a monthly basis. 

Tax Advantages 


Rental properties provide some outstanding tax advantages for you. You can work with your tax planner or CPA and itemize the expenses associated with that rental property. This includes your management fees, which will go a long way in sheltering some of your income from taxes. 

Avoid Selling at a Loss 


When you own a home, you want to avoid selling at a loss, and the option of renting your property out can spare you that. When you have a piece of real estate that is below market value or you’re underwater on your mortgage, selling can be extremely difficult. You’ll have to face losing money on the sale, or you’ll need to come to closing and have to write a check. The better option is to rent the property out. It enables you to continue growing equity in the property. You’re paying the mortgage down while you collect rent from your tenants. 

Market Improvements 


When your home value isn’t where you want it to be and you need to wait for the market to slowly get better, renting out your home is an ideal way to endure the market improvement. It allows your mortgage value to go down and the value of your property to go up. After a few years, you can break even or earn money on the sale or perhaps even decide it’s a great investment, and you’ll continue renting it out for many more years. If you need any help with Columbia property management, please contact us at Turner Properties. We’d be happy to answer your questions.

Why Choose Turner Properties to Manage My Columbia Rental Property?

Web Admin - Thursday, January 19, 2017


Turner Properties is a full-service company providing property management in Columbia, South Carolina. Today, we’re talking to Columbia landlords about why you should choose Turner Properties to manage your rental home. 


Property Management Focus


The first thing you need to know is that our main business is property management – not sales. It’s a very different business and industry, and if you do need a property management company, we strongly recommend that Columbia owners work with a company that does property management daily. We are familiar with the laws, the changes in laws, and the things that affect property management. This protects you from liability, and we can help you avoid other potential pitfalls when it comes to renting a home. We can explain insurance requirements, property taxes, and anything that might affect your ability to lease your home profitably. 

Marketing 


For most property owners, the number one expense is vacancy. We do several things to help you avoid vacancy, and it starts with marketing. We have a phenomenal website where we post professional photos of your home, as well as a YouTube video tour so we can virtually walk people through your home without them even setting foot in the property. This is especially great for people who aren’t local. We propagate those listings to dozens of websites to get your property in front of as many people as possible. Our staff answers calls and responds to emails promptly to ensure your home is rented quickly. 

Tenant Screening  


We have an in-house screening service that conducts background checks on potential Columbia tenants. This allows us to check an applicant’s credit, criminal background, employment, income, and landlord history. By having that service in-house, we do a better job of making sure the information we get from the applicant is true and correct. We also want to reduce the risk of default by the tenant.  

Communication 


We keep our owners up to date on things happening at their property. Most owners like to know when there’s a maintenance issue or a tenant problem, so we 
have email alerts that inform you of work orders, when a new lease is signed, and when a renewal is executed. You have an owner’s portal you can log into and see your account balance, your statements, and send messages to management staff.  

With these things, we provide better service than anyone else in the Columbia property management market. If you have any questions or need additional Columbia landlord advice, please don’t hesitate to contact us at Turner Properties.

Welcome to our new responsive website!

Web Admin - Tuesday, June 23, 2015

Welcome to the new Turner Properties, Property Management Website! 

Our new website is fully responsive and uses the latest technology, allowing you to have a better browsing experience on any device no matter if it is a desktop, tablet or cellphone!

Why is this a big deal? Well, it allows you to have access to our site anywhere, at any time. Tenants - you will be able to easily find and apply for your next rental home, as well as submit maintenance requests online! For our owners, you will have access to your statements 24/7.

We hope you find the site useful and easy to use!

New tenant handbook!

Web Admin - Tuesday, March 04, 2014

We are happy to have our new tenant handbook ready for distribution. It has lots of helpful information for new residents including how to setup your payment account, how to request maintenance, what is covered in maintenance and more! It can be viewed at the below link: Tenant Handbook

Turner Properties updated website!

Web Admin - Tuesday, July 02, 2013
We want to welcome everyone to our totally redesigned website. We’ve included more photos, videos and great content to help you find your new home faster. We also have helpful links to determine which school a home is zoned for, phone numbers for most utility companies and more!



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Turner Properties
3790 Fernandina Rd Suite 105
Columbia, SC 29210

Phone: 803-407-8522
Fax: 803-753-9129

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