Qualities Of a Great Spartanburg Property Management Company
Erica's Estates is the Best property management company in Spartanburg in terms of tenant and owner satisfaction. Whether you're a citizen of Spartanburg looking for a home for rent, or a property owner looking for an investment property manager, there are several qualities that you should look for when choosing a Spartanburg Property Management Company. A great property manager will have a balance between ensuring that the properties are taken care for the tenant, while maintaining a profitable investment property for the owner. A great property management company will take care of issues that may arise with the physical aspects of the property in a prompt manner so that the tenants are taken care of, but will have systems in place so as to minimize the cost of repairs and maintenance as much as possible for the property owner. A great property manager will also be consistent and fair with all parties involved with the property, and will have systems in place to collect rents and payout repair costs to any outside vendors, as well as profits to property owners. Great communication from the management company is a must for all parties involved as well. Having a plan in place in case of an emergency is crucial for the safety of tenants and for the loss control for the assets of the property owner.
For those new to real estate investment, they can quickly become overwhelmed with the amount of maintenance, upkeep, and other regularly reoccurring service needs. Many inexperienced real estate investors either concentrate on low income properties to maximize their returns based on lower purchase prices, or they attempt to save money by handling all the maintenance services themselves. In both cases, it can lead to a lot of headaches and potentially large losses. Property Management Spartanburg Spartanburg is an ideal place to invest in real estate. As a result, however, many people buy in without any experience whatsoever, leading to many avoidable mistakes. And although real estate provides an avenue for a significant return on investment, it can also result in potentially large losses without doing your homework. While a property management company generally can’t help with the initial purchase options, they can help you save in the long-term by offering affordable repairs and collecting rent, as well as other scheduled maintenance options. When the right company treats your investment property like their own, you receive the highest returns possible. Investment Property Management While there are many choices for property managers in Spartanburg, Erica's Estates will handle everything from beginning to end. In fact, they decide on who your tenants will be, and have an extensive screening process before renting to a prospective tennant. When choosing the right property management company one must look for a company that will cover all of needs without charging extra for each basic services. At a minimum, your property management company should handle:
And anything else you will need to keep the property generating revenue.
Investing in real estate is a potentially high-risk source of earning income. Even minor mistakes can set you back with substantial costs and fees. But when you select the right investment property management company, they’ll take on the brunt of the work for you. When you leave the hard work to an experienced company, you’ll be surprised how hands-off you can be while still collecting your return on investment. Other companies may try and look out for their best interests, advising you to charge more for rent so that they can get a bigger cut or charge less to keep the property rented. Even if the tenants don’t pay their rent, the company still gets their share. One of the things to look for is not just their experience, but their rental property turnover rate. If the properties they service remain empty or they’ve had a high number of evictions, they probably aren’t the best option. On the other hand; it’s also important to know that you’re getting what you pay for and this includes a comprehensive list. This company should be upfront and honest about what contractors they use for repairs, cleaning services, and landscaping. This way you can review each company separately.
Why Erica's Estates?
At Erica's Estates, we understand the vital role we play in the relationship between our tenants and our property owners. At Erica's Estates, we strive to meet the qualities mentioned above and go above and beyond to make the experience for all parties a pleasant one. We have staff available to take care of maintenance issues and we have outside vendors available when needed. Our screening process ensures that the properties we manage get the best tenants possible so as to minimize the potential for property damage. Our screening process also ensures that we have tenants that take care of their home as if it were theirs and pay their rent on time. The policies in place ensure that the penalties for non-payment are clear, and we uphold those policies consistently. It is because of these systems and policies that we enjoy a very low turnover pate of less than 1%. So if you're looking for a rental property in Spartanburg, or looking for a property manager in Spartanburg, Erica's Estates is the place for you!
"We rented from Erica for more than 2 years, in two different properties. One winter our heat stopped working, and she had a repairman there in less than an hour! She is very professional, and cares about her tenants. I am very happy that we found her!" -Dana Carroll
"Been here for almost a year and love Erica. She responds quickly and has been one of the best landlords we have had. Thank you!" - Magean Black
"I rate Ericas Estates as the most professional, courteous and honest property manager that I have ever met. She will listen to tenants complaints, report them to the owners and will try her best to accommodate the tenants for all repairs. She is on call 24 hrs a day and is honest with her her assessments of different situations that arise. I have witnessed people that have stormed her door demanding things and Erica's response is always professional, respectful to that person. If someone is upset with what Erica's Estates is doing, it's because they hearing things that they don't want to hear. Erica abides all the laws of South Carolina, where she is licensed, abides by the owners wishes, and talk honestly with owners and tenants. How much better can you get with that?" -Linda Estes
"I rented a condo from Erica for almost two years...and all I can say is professional professional, professional...Her and her husband are the best team of property management I have had the pleasure of meeting and doing business with. The only reason I moved was because I left the state otherwise I will still be there. They kept my lawn cut..and all repair were done in a timely fashion...they come highly recommended and will refer any and everyone I know. She was not only my property manager she was also and still is a great friend." -Kesha Champion
"5 Stars" - Gail Smith
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