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The Significance of Triple Tied Out

Here is a great video on how APM Help & Bookkeeping keeps Quartermaster Properties on track and up-to-date with our accounting. Check out the video at the 14:00 minute mark for comments from MaryAnn Morelli, our Property-Manager-In-Charge.

Posted by APM Help & Bookkeeping on Tuesday, September 3, 2019

“Just A Rental”

No, It’s Not Just A Rental

The phrase that plagues the property management community and industry is all too often heard and said. It’s a phrase that should be eliminated from tenants, owners and yes, even property management companies vocabulary. After all, have you ever heard of an agent say, “Oh it’s just a sale” or “Oh let’s just fix this house up good enough because we are just selling it”? Of course not, because you are restoring that home to the best possible shape to be able to list it for as much money as the appraisal will bring! This is not any different for rental homes or investment homes, because that is just what they are. These are investments, and if you don’t put effort into maintaining them your investment will eventually fail you. The homes that are put on the rental market should be painted nicely, have newer working appliances, the lawn maintained and lastly clean as if you were going to move into the home yourself. This will keep your investment working hard for you, your tenants happy and your home leased longer.

Quartermaster Properties obviously does not believe in this phrase and our rental homes show it!  These are homes leased to great people who need a quality place to raise their families and enjoy the place where life has landed them. We don’t provide “Just a rental”, we provide great homes that take care of both our tenants and owners. Join us in improving this industry and looking at rentals in a different light. Rental homes are just as important to maintain (possibly more important) as a home you own and maybe getting ready to list for sale.



Current Market Conditions


It’s been an extraordinary spring and summer with the real estate sales and rental market booming. Cost of homes continue to rise while rental rates are still creeping up slowly. For our investors it is becoming harder and harder to find homes that will cash flow and make great investments but there are still great deals nestled in the MLS’s. To find these deals it is important to have an agent that is quick to respond to new listings and ready to drop what they are doing and go see these homes. There are a few new home builders that will provide some great investment opportunities which include DR Horton. Vacancy rates are still staying very low depending on location and what the property has to offer. Some homes are renting in just hours but there are some cases where it is taking up to three weeks to find a qualified tenant.  

Owner Occupied

For the owner occupant who is looking for a home to settle into, it is still very much a sellers-market with more home buyers than homes to be sold. This creates lots of competition between buyers and could drive the cost of the home up, even above asking price! Be sure to know your budget limits and what your goals are before you think about getting into a situation like this. You could end up over paying for the home and then find yourself upside down in your home. A great agent will keep you on track and make sure you are getting the best deal you can get in this competitive environment. Either way you can’t go wrong with the agents at Quartermaster Properties! We have a comprehensive view of the real estate market and can provide you with all the tools you need to make the best decision possible. We are exactly what you need! 

Jason Shamis

Realtor/Property Manager-In-Charge


Always Have Your Home Prepared


You never know when life is going to throw you a curve ball and when all of a sudden you find yourself having to relocate. I found myself in this situation many times in my life when I was serving in the Air Force. I also found myself relocating when relationship circumstances changed. The point I am trying to make is always have your home ready to sell because once you find out you need to relocate it is much easier to market your home.

It is much easier to sell your home when it has been properly maintained because that is what buyers are looking for. What sellers are looking for is to sell their home for more in the least amount of time possible given whatever their circumstances are. I run into this everyday and when I meet with homeowners and give them my suggestions it sometimes can be a bit overwhelming. Once the decision has been made and you have your honey due list, it is all hands on deck to get it done. Staying ahead of the maintenance on your home maintains your homes rising value and keeps you ready for when life takes that unexpected twist or turn.

Spring is just around the corner and here are a few things to take into consideration. The first thing that you need to check is the HVAC system. It has been several months since you have kicked on the cooling side of your HVAC system so it will need a check up to make sure everything is working as it should. Another vital part to your home is the roof. With the amount of rain and inclement weather we have had in South Carolina over the winter it is important to make sure no leaks have developed causing bigger issues. The next common overlooked item that is very important is your gutter system. With fall a distant memory, the leaves are as well which more than likely are residing in your gutter system. This allows water to back up into the eves of your home causing wood rot and attracting those termites we are all aware of in South Carolina. Last but definitely not the least is the vents around your homes crawl space if your home is on a crawl space. Most people close those vents off during the winter months so be sure to open those back up to allow adequate air flow throughout your crawl space. Closed crawl space vents can increase the amount of moisture in your crawl space creating a perfect habitat for termites and other insects

These are just a high level of some common issues we see during our Real Estate adventures. We are always ready to help our clients and future clients with whatever needs they may have. We look forward to an amazing Spring and can’t wait to share in the success’s of our clients!


The Quartermaster Property Difference


It has been a wonderful year in Real Estate with 2019 quickly approaching. The market has cooled off some but there is still plenty of opportunity to sell or buy a home. This time of year seems to bring more serious buyers or sellers who need to move into a home or sell the one they are currently in ASAP. It is always a tough situation to have your home for sale or to be searching for a home with Thanksgiving and Christmas fast approaching. I can help navigate and make showing or viewing a home much easier for everyone.

It is extremely important to have your paperwork ready and an agent who is willing to be there for you at every turn. I often see agents who take on too many clients and can’t give each of their clients their undivided attention when it is most important. I am always a phone call or text away to answer any questions or concerns you might encounter when going through the selling, buying or renting process.  An agent should be standing by for their clients and that is the difference between the agents at Quartermaster Properties and others. After all a home is one of the most expensive purchases a person will make and we want to make sure you make the best decision possible. If we can help or answer any questions, we stand ready to help!

Comprehensive Real Estate Advice

I have been in the Real Estate business most of my life which has taught me several things.  I have made some good deals, great deals and some deals I wish I could do over again.  I have also seen a lot of wonderful agents and some not so good agents that I wish I could have mentored.  As the Broker-In-Charge at Quartermaster Properties it is my job to have comprehensive knowledge on Real Estate sales and property management.  This isn’t only my job as the Broker-In-Charge it is also my passion which makes this less of a job.  As the saying goes, “If you love what you are doing you will never work a day in your life.”

With all of the knowledge I have collected through the years it affords me the opportunity to pass this along to the property managers and agents who work for Quartermaster Properties. When you are dealing in Real Estate it is important to know what your client or clients are looking for and the goals they are trying to reach.  It is easy to show a client a few homes or look for a few homes for an investor and see if they are willing to buy it.  Here at Quartermaster Properties we don’t “shotgun” properties to buyers just to get a sale and satisfy our goals.  When we are working for our clients we comb through properties to ensure it will meet or even exceed their goals.  I recently sold a home to an investor who typically buys homes at a lower price range because that was their comfort zone.  I educated them on buying homes that may cost a bit more but would be a better return on their investment.  They were willing to take my advice and it paid off for them in a big way.  Together we found a new home that cost just a little more than some of the previous homes they purchased and put an offer in on the home.  Once we closed the deal we immediately put it on the rental market. To their delight, we exceeded their expectations by getting it rented for more than expected!  In this instance I saw their vision, gave them a little direction and then saw the entire process through till we met the end goal of renting it for a better return on investment.

You won’t learn comprehensive Real Estate by reading a book, watching YouTube, Flip or Flop or Fixer Upper.  This craft is learned through years of hard work, mistakes along the way and having a great mentor to help guide you to be the best comprehensive Real Estate agent possible.  This is what the Broker-In-Charge does and this is what I teach our team to strive for everyday.  Our clients are the most important asset in our business and they are doing us a favor by choosing Quartermaster Properties.  We show our appreciation to our clients by giving them the service that exceeds the status quo.

Setting Rental Prices

One of the most discussed topics when meeting with owners about their property is the rental amount.  There are many different ways to determine the rental amount of your home.  The first and the most important is what you have probably heard at some point in your life which is location, location, location!  This is very important and it is where we begin to form an idea of what your property might rent for.  Some think that it may be as simple as an entire city but it really is more specific than that.  When we look at location we focus not just on the city but down to the neighborhood where the home is located.

Next, we focus on what that neighborhood has as it pertains to amenities (pool, sidewalks, playground, storage area, tennis courts, basketball courts) an assess the condition of them.  These are amenities that most tenants want to know about and the value it brings as it corresponds to the rental amount.  A pool has a lot of added value for tenants because it gives them a way for their family or themselves to have recreation at their finger tips.  Some tenants like to idea of having sidewalks so they can walk or run for exercise or to just enjoy the outdoors.

Lastly, we look at the age of the home, square footage and building materials used (granite, hardwood floors, crown molding, tile, fixtures) and how that may increase the value for our potential tenants.  The age of the home is very important to tenants because they are going to want a home that is energy efficient and aren’t going to want items like HVAC to be constantly serviced.  Having a home that is updated even though it may be older is very important for your rental amount and also to secure tenants that will take care of your home.  Next, everyone wants more room and obviously square footage has a big impact on rental amount along with the amount of bedrooms the home may have.  This part is pretty simple, the more room and rooms you have the more the rent can go up.  Some of the more important materials that need to be in a home to maximize your investment is granite vinyl plank or hardwood floors. The main point that we tell our clients is to get rid of the carpet and put down solid flooring.

This is not a comprehensive way to evaluate your rental price but these steps will put you on your way to getting a very close estimate for your home.  We are always willing to help in anyway we can so if you have any questions please let us know.


How Important Is Property Management Bookkeeping?

Charlie, the Real Estate Watch Dog

Charlie, the Real Estate Watch Dog

We have added a new member to our team of real estate professionals at Quartermaster Properties.  This is Charlie, the real estate watchdog.  He is a two year old Golden Doodle with a keen sense to sniff out real estate and market trends.  He also has good advice on how to make sure you pick the best real estate company for your needs.  Charlie is partial to Quartermaster Properties but does his best to be as objective as possible.  In addition, we are supported by APM Help, a bookkeeping firm specializing in the property management sector who Charlie also recommends.

Property Management Bookkeeping

For obvious reasons, property management bookkeeping is extremely important.  Accurate bookkeeping is important for the company.  Likewise, it is also very important for clients  to know their funds are managed correctly.  But I’m sure you must ask yourself:  How do clients know the condition of a company’s books?

Audit Tool:  Triple Tied Out

For months now we have been working with a company called APM Help.  APM Help is a bookkeeping firm which offers many client services including audit tools which report on the quality of a client’s books.  Quartermaster Properties has added a badge/link provided by APM Help called Triple Tied Out.  Triple Tied Out generates a link displayed at the bottom of our website.  This link provides 24×7 reporting on the condition of our books.  Consequently, the service helps us insure we keep our bookkeeping up to date and as transparent as possible to our current and future clients.

When searching for a property management company who is transparent, ask them if they use an audit tool as part of their bookkeeping process.  Quartermaster Properties is the “Gold Standard” in more ways than just bookkeeping.  We prove this saying by being transparent for all to see on the internet with our triple tied out badge/link and also by how we treat our clients and their properties.  We realize the importance of integrating useful technology with real estate and strive to stay on the cutting edge.  Take a minute and look for this symbol at the bottom of our landing page to get a current overview of our books.  Don’t forget to subscribe for triple tied out updates at the bottom of our web site.

Bookkeeping: Triple Tied Out Daily Audit Tool

Investment Home Trends

Owning a rental home is a great way to diversify your investment portfolio.  This couldn’t be more true as we make our way into the summer of 2018.  South Carolina as a whole is booming and people from all over the world are moving here for various reasons.  South Carolina boasts beautiful beaches and magnificent mountains with wonderful lakes all in between.  The other major reason people are moving to South Carolina are jobs jobs jobs and more jobs.  Charleston continues to add major companies like Volvo, Boeing, and the ever growing medical jobs that the area is known for.  The Greenville/Spartanburg area continues to offer jobs with BMW, Michelin, GE Power and Water and Honeywell.  With all of these industries coupled with what people are able to do and see in South Carolina it makes it the perfect location for investment homes.  We continue to get more and more people calling us wanting to rent our homes so they can get a “lay of the land” before they purchase a home.  Some of our clients in this situation stay in the rental for a couple of years before they decide to purchase.  We also have clients that wish to stay a tenant so they can be more mobile due to their job situation.  These are all positives for the investors who want to continue to grow their investment home portfolio!  To make it as simple as I can the 2018 rental market is as hot as we have seen it and it continues to impress us.  Quartermaster Properties has the tools and knowledge on how to make these strategic purchases and manage them in the Greenville/Spartanburg or Charleston area.  If we can help you continue to grow or start your investment home portfolio we are ready to help. We Are Exactly What You Need!

The History of Quartermaster Properties


Quartermaster Symbol

The Company Name

Quartermaster Properties . . . our clients often ask us where we came up with the name.   The history of the term quartermaster is a naval term related to navigation. The quartermaster is the enlisted member in charge of the watch-to-watch navigation and the maintenance, correction and preparation of nautical charts and navigation publications.  Joseph Morelli, our Broker in Charge, served his country enlisted and commissioned in the United States Navy for a total of 31 years.  Thus, he is the reason that the name of the company is what it is today.  Consequently, the term Quartermaster Properties could not be more relevant to the real estate business and the close watch we have on our clients’ real estate investments

The Beginning

The name of a company is great, but where the rubber meets the road is how good is the service it provides to its clients?  We all have been in a situation where we really needed something done right and done right the first time.  The struggle is very real when it comes to finding someone to do just that!  In the early years of Quartermaster Properties (2008) we had a friend who needed “boots on the ground” to manage their vacation rental.  It was a very nice $2 million home on Folly Beach and it gave us our first look into what it takes to be a great property manager.  From there we expanded into long term rentals, securing several of our own, and made a few minor mistakes as we learned the business.

The Company Today

Since 2008, we have grown and adjusted our processes to make Quartermaster Properties one of the most highly respected property management companies in South Carolina.  Our vision for the company was to eventually add a sales division, which we recently completed.  Now Quartermaster Properties is a full service real estate company providing the best property management and sales in South Carolina.  The term that we have coined could not be more true today than it was in 2008 . . . We Are Exactly What You Need.

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