Most people think that property management companies in Charleston SC just handle rent and evictions. While that can be a large part of their daily routine, they can do so much more for you. For example, their responsibilities include managing and maintaining the building. That means much more than just collecting rent. It can include mowing the lawns, general repairs, landscaping, and more. In most cases, the company you select delegates these tasks to others in their network.
Differences Between Residential/Commercial Managers
Some companies advertise themselves as either residential or commercial PMs. Residential PMs must handle both properties and business responsibilities. They may manage the tenant screening process, managing budgets, collect rent, deal with emergency problems, inspect your properties and handle large-scale projects as necessary. They usually work on-call hours, which means they can be called at any time during an emergency.
Most residential managers live on-site, meaning you provide them a free apartment or one for a small fee. They live on the premises, so they can watch for vandalism and handle emergencies efficiently. However, your manager does not have to live on-site.
Commercial managers usually have their own employees and budget to manage. They often focus on renovations, preventative maintenance, and scheduled maintenance needs. However, commercial property management in Charleston SC will deal with commercial buildings, such as offices and restaurants, not apartment or condo buildings.
Why They’re Necessary
While it is entirely possible to handle the job yourself, most people don’t have the time, energy or sanity. You probably do this on your own or with the help of a spouse or a few family members. It takes a tremendous toll on you, and it’s just unnecessary. Property management companies are available in Charleston SC to help you with all the hassles so you can do other tasks and have more time to yourself.
