Paint Colors that Reduce Stress

Paint Colors that Reduce Stress In this hectic world, coming home to a relaxing home along the Grand Strand is increasingly essential to Tenants. Choosing soothing paint colors helps your Tenant to renew their energy in a calm, peaceful environment. The right wall paint color is an affordable strategy to help your annual rental property to stay rented. The design colors you choose to do as much as anything to create the home atmosphere help reduce stress. Using our recommendations also helps you mirror what new developer model homes in the Myrtle Beach area feature. Recommended Colors: As an annual rental property manager, I recommend painting your property in white or light shades of grey. In my experience, Tenants prefer these more neutral shades to work with their existing décor of furniture and accent furnishings. Lighter colors help to make living spaces feel more spacious, especially when dealing with smaller rooms, especially areas that have minimal square footage. Some people think that because we live in Myrtle Beach, the Caribbean color pallet would be preferable. Not for a rental property! Most people move here from somewhere else in the country. They may want these colors eventually as part of their home, but it’s a bit too much for their first Horry County residence. A home serves as the center of our personal lives. With our busy schedules, coming home should be relaxing and regenerating. We recommend painting an annual rental every 5 to 7 years. A professional painter is a great advisor because they can recommend the most popular neutral interior colors. Staying current with tenant preferences is essential when you want your property to stand out and looking it’s best when it’s time to replace an annual rental tenant. We hope this helps in the decision process of updating your annual rental to get the most value for your property. Please call us to help you initiate a soothing interior lifestyle for all of your rental properties. We are experts in helping you as a landlord accomplish your financial goals of higher income, lower maintenance, and stable annual tenants. CONTACT US We would love to hear from you! So let’s set up a meeting today. Please fill out the form and you will receive an email from us. If you do not get the email in the next 5 minutes, check your spam/junk folder. We will make sure that someone gets in touch with you as soon as possible. Leave us a message Jen Assip Property Manager Have any questions? Call us: 843-232-0000
Myrtle Beach Lease Expirations and Renewals

Myrtle Beach Lease Expirations and Renewals Overview Maintaining awareness of when your property lease expires is a key to repeated renewals by a tenant. Some landlords are afraid to contact or discuss the lease renewal in hopes the tenant will forget. But this is a poor concept. The tenant is going to do what is in their best interests, so addressing their future plans gives you a chance to have some input into their thinking. By establishing contact at least 90 days prior to expiration, you determine how they like living in the property. You also can address any unresolved maintenance issues and what you are doing to satisfy them in a timely manner. Additionally, they want to know if the rent will increase and by the amount the landlord will require. It’s possible the next year can be determined by a mutual agreement that satisfies both parties concerns. Moving is a hassle, expensive and there is no guarantee that the next residence will be a better lifestyle for them. Don’t be afraid to increase the rent – Educate your residents to expect small but incremental lease renewals. As a rental property owner, your bills go up annually. Build in a yearly rent increase just to stay even on your income. However, never be excessive in the amount of monthly increase. You never want to lose a good tenant over rent increases. The market adjusts periodically to a landlord’s advantage. Remember that over time, a good tenant can save you a lot of money in turnover costs and vacancy expenses. Our Services Whether you self-manage or use a property manager for your Myrtle Beach rental property portfolio, your goal is always the same — keeping great tenants for as long as possible is the name of this game. The Berkshire Hathaway HomeServices – Coastal Real Estate team is here to serve as a property management resource to you along the Grand Strand of Myrtle Beach. If you are working through a lease renewal or have questions on any other property management topics, give our team a call. 843-232-0000. CONTACT US We would love to hear from you! So let’s set up a meeting today. Please fill out the form and you will receive an email from us. If you do not get the email in the next 5 minutes, check your spam/junk folder. We will make sure that someone gets in touch with you as soon as possible. Leave us a message Jen Assip Property Manager Have any questions? Call us: 843-232-0000