Charlotte, NC: The Queen City
With an estimated 874,579 residents, Charlotte is the most populous city in North Carolina. It also acts as the county seat of Mecklenburg County. Charlotte is known for many things, including its thriving economy. In fact, several companies are headquartered in the city — Bank of America, Wells Fargo, Honeywell, and Truist Financial, to name a few.
Additionally, Charlotte has a very vibrant arts and culture scene. There are countless museums, performing arts venues, and cultural attractions in the city. These include the Bechtler Museum of Modern Art, Mint Museum, the NASCAR Hall of Fame, Discovery Place, the Blumenthal Performing Arts Center, and the North Carolina Music Factory.
Sports also play an important role in the culture of Charlotte and its residents. The city is home to major sports teams such as the Carolina Panthers (NFL), the Charlotte Hornets (NBA), and Charlotte FC (MLS). On top of that, Charlotte also hosts many events throughout the year such as the Carolina Renaissance Festival, Taste of Charlotte, and the Breakaway Music Festival.
Other points of interest in Charlotte include the Daniel Stowe Botanical Garden, the University of North Carolina at Charlotte, Central Piedmont Community College, the U.S. National Whitewater Center, Carowinds, and the Children’s Theatre of Charlotte.
What Is Charlotte’s Rental Market Like?
Charlotte attracts new residents and property investors alike thanks to its relatively affordable real estate. The median listing price for a home in this city is $223,900, which is 2% below the national median. And while a majority of residents here own their homes, there is also a sizable renter population. In fact, 47.1% of Charlotte’s citizens rent their homes.
Image via towncharts.com
Property investors will also relish the fact that Charlotte has a median rent close to the national median. In 2019, the median rent in the city was at $1,077, while the national median was at $1,097. Additionally, Charlotte’s median rent is comparatively higher than that of the state’s median, which was $931 in the same year.
Image via deptofnumbers.com
If these aren’t enough to convince you, Charlotte is also great for landlords. North Carolina’s laws generally favor landlords over tenants. Here, landlords have a wider authority to increase rent, enter properties without permission, and evict tenants.
Why Go with a Charlotte Property Management Company?
Landlords must balance a mountain of work to ensure their rental property operates smoothly. Typically, though, landlords have inadequate time or training to manage their rentals successfully. Others simply aren’t interested in rental management or live too far away.
Enter a Charlotte rental management company. With professional assistance, landlords in Charlotte can breathe a sigh of relief knowing all their management needs will be met. While no two companies offer the exact same services, you can generally expect a rental management company to do the following 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
Find Excellent Property Management in Charlotte
In Charlotte, the demand for property managers is high. If you’re a landlord looking for a good management company, you have found the right place to start. Rental Choice manages an online database of reliable property management companies. With the help of our directory, you can search for management companies by city or state and contact them using the details we provide.