Charleston, SC: The Holy City
With an estimated 150,277 residents, Charleston is the most populous city in South Carolina. It also serves as the seat of Charleston County. Charleston has a rich history that is reflected in today’s diverse mix of cultures. The city is home to numerous historical sites and attractions such as the Calhoun Mansion, the Nathaniel Russell House, and the Gov. William Aiken House.
Additionally, Charleston has a thriving arts and culture scene. There are several museums in the area, including the Charleston Museum and the Gibbes Museum of Art. Performing arts also takes the spotlight in Charleston. Notable points of interest include the Dock Street Theatre and the Sottile Theater. Charleston also hosts annual events such as Charleston Fashion Week, Spoleto Festival USA, and the Cooper River Bridge Run.
Other attractions include the Fort Sumter National Monument, the Historic Charleston City Market, the Magnolia Plantation & Gardens, South Carolina Aquarium, Rainbow Row, and the Boone Hall Plantation & Gardens. Beyond that, Charleston is known for its local cuisine, particularly when it comes to seafood. Staple dishes in this city include fried oysters, gumbo, Lowcountry boil, and deviled crab cakes.
The State of Charleston’s Rental Market
Charleston has an above-average real estate market. The median listing price for a home in this city is $320,700, which is 41% higher than the national median. Even with relatively more expensive homes, property investors should consider Charleston because of its renter population. In fact, out of the city’s residents, 44.4% are renters.
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In addition to this, the median rent in Charleston was $1,212 in 2019. This is comparatively higher than the national median rent of $1,097 in the same year. It is also higher than South Carolina’s median rent, which is $922.
Image via deptofnumbers.com
Another reason Charleston is attractive to property investors is its landlord-friendly laws. In South Carolina, landlords have a wider authority when it comes to setting rent and evicting tenants.
Why Go With a Charleston Property Management Company?
Investing in rental property is a good way to earn money, whether it is your main source of income or otherwise. Managing a rental property, though, is the hard part. As a landlord, you need to juggle a load of duties. This includes collecting rent, maintaining the property, fielding tenant concerns, and ensuring your property is up to code.
Due to the amount of work involved, a majority of landlords opt to hire a Charleston rental management company. With professional help, you don’t have to worry about your landlord responsibilities anymore. An experienced manager can handle everything for you, giving you more time to focus on your professional and personal life.
What can a property management company do for you?
- Advertise your listing
- Screen and process tenants
- Oversee property showings
- Set and collect rent
- Create a lease agreement
- Perform move-in, move-out, and routine inspections
- Enforce your lease terms
- Manage maintenance and repairs
- Respond to tenant complaints
- Manage your budget
- Help with tax calculations
- File evictions
Hire the Best Property Management in Charleston
Charleston is a big city with several rental management companies. With numerous options, the search process can be overwhelming. Rental Choice aims to make it easier for landlords everywhere with our comprehensive online directory. Browse our database for the best property management companies by area. Get started on the right track today!
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