What Andrae Investments Does and How It Operates in South Carolina

Andrae Investments is a property management company serving South Carolina landlords and investors

Andrae Investments manages residential and commercial properties across South Carolina, handling tenant relations, maintenance, rent collection, and lease enforcement on behalf of property owners. The company operates as a third-party manager, meaning owners hire them to run day-to-day operations while retaining ownership of the property itself.

If you own rental property in South Carolina and want someone else to handle the operational side, Andrae Investments is one option among several property management firms in the state. Understanding what a property manager does, what Andrae Investments specifically offers, and how to evaluate whether their services fit your needs will help you make an informed decision about your property.

Key Takeaways

• Andrae Investments handles tenant screening, rent collection, maintenance coordination, and lease enforcement for property owners in South Carolina.
• Property managers like Andrae Investments typically charge a percentage of monthly rent (often 8 to 12 percent) plus fees for specific services like evictions or repairs.
• You remain the legal owner of your property; the manager acts on your behalf under a written management agreement.
• Before signing with any property manager, compare their fee structure, service offerings, and references from other South Carolina landlords.

What services Andrae Investments typically provides

Property managers handle the tasks that come with being a landlord but require daily attention or specialized knowledge. Andrae Investments, like most property management firms, usually offers tenant screening (background and credit checks before lease signing), rent collection and accounting, maintenance coordination with contractors, lease enforcement, and eviction processing if a tenant stops paying or violates the lease.

Some property managers also handle property inspections, utility setup, advertising vacant units, and showing properties to prospective tenants. The exact scope depends on the management agreement you sign. Before you commit, ask Andrae Investments for a written list of what is included in their standard package and what costs extra.

How property management fees work

Property managers in South Carolina typically charge in two ways: a monthly management fee (usually a percentage of the rent collected, ranging from 8 to 12 percent, though this varies) and separate fees for specific services. Eviction processing, for example, often carries its own cost. Maintenance coordination may include a markup on contractor labor. Lease violations, tenant turnover, and property inspections may each have separate line items.

Ask Andrae Investments for a complete fee schedule before you sign. Request clarity on what happens if a unit sits vacant—some managers charge a reduced fee or no fee during vacancy, while others charge the full percentage. Understanding the full cost picture prevents surprises later.

How to contact Andrae Investments and what to ask

To reach Andrae Investments, search for their contact information through the South Carolina Secretary of State business database or through local real estate and property management directories. When you contact them, ask for their management agreement template so you can review the terms before any conversation.

Key questions to ask any property manager, including Andrae Investments: How long have you been managing properties in South Carolina? What is your full fee schedule, including monthly management fees and all service charges? Can you provide references from at least three current South Carolina clients? How do you handle maintenance emergencies? What is your process for evictions, and who pays the court costs? How often do you provide owners with financial reports? What happens if I want to terminate the agreement?

Comparing property managers in South Carolina

South Carolina has many property management companies, from large firms managing hundreds of units to small operations handling a handful of properties. Larger firms may offer more infrastructure and faster response times; smaller firms may offer more personalized attention. Neither is inherently better—it depends on your property type, location, and management style.

When comparing Andrae Investments to other options, create a simple comparison table: list each company's monthly fee percentage, service charges for evictions and maintenance, response time for maintenance requests, and whether they offer online rent payment and owner reporting. Call at least three companies and ask the same questions so you can see the differences clearly. Check the Better Business Bureau and online reviews, but remember that unhappy tenants sometimes leave reviews meant for the owner, not the manager.

What happens if you sign a management agreement

Once you sign a management agreement with Andrae Investments or another manager, they become your agent for most landlord duties. Tenants pay rent to the manager, who deposits it into an account and sends you your portion after deducting fees. The manager screens new tenants, handles lease violations, coordinates repairs, and initiates evictions if necessary.

You remain the legal owner and are still liable for certain obligations—property taxes, insurance, and compliance with fair housing law. The manager acts under your authority but cannot override your decisions on major issues like selling the property, refinancing, or changing the lease terms. Review your management agreement carefully to understand what decisions you retain and which ones the manager can make independently.

When property management makes financial sense

Property management costs money, so it only makes sense if the time and stress it saves you is worth the fee. If you own one or two properties nearby and enjoy handling tenant issues, you may not need a manager. If you own multiple properties, live out of state, or prefer not to deal with tenant complaints and eviction paperwork, a manager pays for itself in time and peace of mind.

Calculate the math: if your property rents for $1,500 per month and a manager charges 10 percent, that is $150 per month or $1,800 per year. If you would spend more than that in time and stress, or if a vacancy or eviction would cost you more than that to handle yourself, the manager's fee is worth it. If you have only one property and enjoy the work, it probably is not.

Frequently Asked Questions

Can I fire a property manager and manage the property myself?

Yes. Your management agreement will specify how much notice you must give—typically 30 to 60 days. You will need to notify tenants of the change, collect any remaining rent owed to the manager, and take over lease enforcement and maintenance coordination yourself. Review your agreement for any penalties or fees associated with early termination.

What if I disagree with how the manager is handling a tenant issue?

You have the right to override the manager's decisions on most matters. If you want a different approach to a lease violation or maintenance request, tell the manager in writing. However, if you frequently override their judgment, you may want to find a manager whose approach aligns better with yours, or manage the property yourself.

Does the property manager handle my taxes or insurance?

No. Property managers collect rent and handle operational expenses, but you remain responsible for property taxes, insurance, and filing your own tax returns. Some managers provide detailed accounting reports that make tax filing easier, but the tax obligation stays with you as the owner.

What if a tenant stops paying rent?

The manager will typically send a notice to pay or quit, then file for eviction if the tenant does not pay within the notice period (usually three to five days in South Carolina). Eviction takes several weeks and involves court costs. The manager handles the paperwork, but you pay the court fees and any attorney costs. Ask your manager upfront what their eviction process costs.

How do I know if Andrae Investments is licensed or legitimate?

Check the South Carolina Secretary of State website to confirm the company is registered to do business in the state. Ask for proof of any required licenses or certifications. Property managers in South Carolina do not require a state license, but many belong to professional organizations like the National Association of Residential Property Managers (NARPM), which is a good sign of professionalism.