Buy and Hold

Should You Hire a Property Manager? (Probably Yes)

Should You Hire a Property Manager? (Probably Yes)

Today's blog post regards outsourcing managing your rental properties to a professional property manager. Many landlords avoid hiring out the management of their properties for a variety of reasons. Primarily, the are concerned with the price and the loss of control that they will have over their properties. This post discusses a handful of pros and a couple of cons to hiring a property manager. I, myself, and guilty of hesitating to hire a property manager because I want to save the costs in order to pay off these properties quicker. However, I am quickly realizing it to me much more prudent to hire that job out!

8 Rookie Landlord Mistakes

8 Rookie Landlord Mistakes

This post is aimed at new and aspiring real estate investors that want to purchase rental properties. Like most things, newbies will undoubtedly make a lot of mistakes. But, even small mistakes when you own a rental property can be quite costly. This blog post discusses 8 easy to make mistakes and how to avoid them. 

Real Estate / Life Update

Real Estate / Life Update

This post is an update on my current real estate projects. I had to turn over a rental property last month, which was very frustrating because the tenant left the property in very bad shape. Fortunately, I was able to find a very good new tenant. We just listed a completed rehab last week that I anticipate to sell very quickly after the Holiday weekend. I've also listed a condo for a client in Mt Pleasant last week, which I also think will sell very quickly. Finally, we've recently bought a new project downtown that will be an amazing house. It needs an absolute ton of work, but I think it will be stunning when completed. I also anticipate it to be very successful from a business perspective, as well. Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC!

7 Laws for Landlords

7 Laws for Landlords

Being a landlord isn't as easy as it may seem. I know when I was a renter, I felt like my landlords would just sit back and wait for a fat check every 30 days. Now that I am a landlord myself, I know that not to be true. Being a landlord is just like any other business and it requires a lot of calculations and foresight. Of course, there are a lot of repairs and maintenance to be had, as well. But, the most nerve-wracking stuff to need to consider are all of the laws and legalities associated with leasing real estate. There is a pantheon of rules and regulations regarding leasing out properties. This post does not touch on everything that's out there, but we do expound 7 major laws that are very important for landlords to be familiar with. Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC.

How to Structure Your Real Estate Business (If At All)

How to Structure Your Real Estate Business (If At All)

Many people that are new to real estate investing get very hung up on how to structure their real estate business. For most small businesses, a good old LLC would be just fine. And for real estate, it is. However, real estate investors face a lot more liability than many other industries. If a tenant, contractor or vendor were to sue you, they could potentially make a claim on all of the properties you hold in that entity. Asset protection is very big point of discussion in the real estate world. For this blog post, we discuss some of the various business structures for your real estate business and try to figure out which one is the best for you. Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC!