All Forum Posts by: Cole Oraham
Cole Oraham has started 3 posts and replied 54 times.
Post: New Investor - living in NYC (originally from South Carolina)

- Real Estate Agent
- Clemson, SC
- Posts 56
- Votes 35
Hey Aaron! I'm a real estate agent with Tiger Properties. If you message me your exact criteria then I would be happy to set you up with a buyer portal that will email you anytime a new listing hits the market.
Post: Rental properties in college towns (Clemson, SC)

- Real Estate Agent
- Clemson, SC
- Posts 56
- Votes 35
Hi Adrian! I am a real estate agent for Tiger Properties here in Clemson. I have managed a student community of almost 250 students since January of 2012 and been in sales since May of 2015. Students tend to ware on properties a lot more than you would see from other renters. There is a high turnover because they constantly moving to live near friends they met the previous semester or are graduating. Evictions tend to be very low though because you normally have to require a guarantor for the lease, and parental guarantors do not want to deal with evictions from something their kid is doing. The thing that eats into most profits in the Clemson market is the high HOA dues. If for some reason your condo does not get leased for a semester then you have to pay your PITI on top of monthly dues. I would advise to account for that while considering your numbers. If a property is vacant, it normally is not a 30 day vacancy but a semester vacancy. I hope that this helps! If you are not already working with an agent then I would love to help you find the perfect property! **Disclaimer** If you are already in an agency agreement with a real estate agent then this is not a solicitation of business, everything I have said should be disregarded, and I would advise you to consult your real estate agent.
Post: Seeking Investor Friendly Agent in Greenville

- Real Estate Agent
- Clemson, SC
- Posts 56
- Votes 35
Hey Rob,
I'm an agent with Berkshire Hathaway HomeServices and a member of both local MLS associations in the area (Western Upstate and Greater Greenville). If you are still looking for an agent to show you around then I would love to help!
Post: SC trust account

- Real Estate Agent
- Clemson, SC
- Posts 56
- Votes 35
I work for a medium sized community (240 tenants). We are owned and managed within the company (no property management company manages us). We had a retired broker holding our trust account since the complex opened. Recently he and the company parted ways, so we no longer have access to his trust account and need to get the funds transferred. My question is this: can we operate our own trust account for the security deposits without a broker since we are owned and managed independently, or do we need to hire a broker or other escrow holder to operate a trust account for us? We have our own full time bookkeeper also. I don't want to forfeit my sales license to become a PMIC. I called the SC real estate commission. They were no help at all and referred me to the landlord/tenant act. I have read it up and down and am clueless. Thank you all in advance for any help!!!