JICO Properties, LLC

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JICO Properties, LLC is a privately held property management company in South Carolina. We focus on the management of commercial and residential properties exclusively owned by JICO Ventures, LLC.

Since we are a small firm, we can afford to take the time to know each of our clients and their needs. Our success is based off the quality of service our tenants receive, instead of the quantity of clients we have. We believe in strengthening our communities through real estate and economic development. Since our inception in 2013, we have grown to 36 units and over $7.5 million under management between Myrtle Beach and the surrounding markets. 

A Symbiotic Synergy: JICO Ventures, LLC and JICO Properties, LLC

In a seamless collaboration that mirrors the synergy between two siblings, JICO Properties and JICO Ventures exemplify the strength of a unified vision under the umbrella of their common parent company. This dynamic partnership fosters a comprehensive and streamlined approach to property management and investment, creating a robust ecosystem that maximizes efficiency and profitability.

 

Qualification Standards

 

Qualifying Criteria: Gross Monthly Income must be 3 times the total monthly rent amount for approval. Gross Monthly Income must be 4 times the total monthly rent to be added as co-signer to the lease. We use a third party applicant screening service to run credit qualification and criminal background. A copy of a valid driver’s license or other government issued identification will be required. 

Minimum Age Requirement: 18 years old

Employment: Prospect must be gainfully employed, verifiable by your employer along with copies of most recent 2 paystubs, or have proof of adequate income from other sources. The most current tax records may be required for all self-employed prospects.

Roommates: Each roommate must submit an Application. Gross Monthly Income (combined) must be 4 times the total monthly rent.

Fees and Deposits: There is a $50 per person administrative set up fee upon approval of application. If you are not approved, a fee will not be assessed. Security Deposit will be equal to first month’s rent. If applicant has credit issues a security deposit equal to 1.5 times the amount of rent will be requested. Upon approval; first month’s rent and security deposit will be due upon signing lease as well as pet fee if applicable.

Pet Policy: All Pets must be approved by management. We reserve the right to decline any pet or breed. A maximum of 2 pets allowed per household. There is a $350 pet fee for initial pet, $250 pet fee for an additional pet (non-refundable).

Lease Terms/Clauses: A minimum of 12month lease is required. Month to month leases are not available. A full 60 day written notice to management is required before moving out. If a tenant wishes to terminate the lease early a full 60 day notice will be required as well as rent payment for the remaining term left. Management may allow sub-leasing as long as proposed new tenant is approved. If allowed a $300 re-leasing fee will be assessed.

Rent: Rent is due on the 1st of each month. If rent is paid after the 5th, there is a 10% late charge assessed. If rent and late fee are not paid by the 10th the eviction process may start.

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