Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Charleston, SCCharleston is the largest city in South Carolina. The population of the Charleston-North Charleston-Summerville MSA has grown over 20% since 2010, and is now over 800,000 people. Charleston consistently ranks highly for its food scene, quality of life, and tourist attractions. Located on the South Carolina coast, there are numerous beaches and high-end golf courses within driving distance. The city has a strong economy that’s driven by tourism and the large seaport. In 2018, the port ranked 7th in the United States by containerized cargo volume. Carnival Cruise Lines operates a number of cruises that depart from Charleston on their way to the Bahamas and the Caribbean. Boeing has also developed a significant presence in the state over the last fifteen years. North Charleston is one of two final assembly points for the 787 Dreamliner.