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About Prosper Management Group

Property management for rental investors in Charleston and the Upstate

Who we are

Prosper Management Group is a residential property management company serving rental owners and investors throughout the Charleston area and the Upstate of South Carolina.

We manage long-term rental homes and small multifamily properties for owners who want steady cash flow without running the day-to-day themselves. Each market has its own local team and office, backed by one shared accounting and operations group.

What we do

Leasing and tenant placement

We price the home, market it, show it and screen every applicant against written criteria before a lease is signed. Charleston | Upstate

Rent collection and accounting

We collect rent, follow up on late payments and send you a clear monthly statement through the online owner portal. Charleston | Upstate

Maintenance oversight

We take repair requests, send qualified vendors, follow up until the job is done and keep you informed on cost. Charleston | Upstate

Lease enforcement

We enforce the lease, handle renewals and move-outs, and manage the eviction process when it is needed. Charleston | Upstate

Small multifamily

Duplexes, quads and small buildings, with one monthly statement per building. Charleston | Upstate

What makes us different

1

Local teams in both markets

We have an office on King Street in Charleston and an office on Lydia Street in Greenville. The people managing your home live and work in your market.

2

Property management is all we do

We are not a sales brokerage with a rental division on the side. Leasing, maintenance and accounting for rental owners is our whole business, so that is where all of our time and systems go. When you are ready to sell, we send you back to your agent.

3

180+ homes under management

We are large enough to have tested systems and vendor relationships, and small enough that owners talk to people who know their property.

4

Maintenance is where we spend our time

Most of our team's day goes to maintenance: diagnosing the problem, choosing the right vendor, checking the work and closing the loop. Well-managed repairs protect your rent and your property's value.

5

Straight answers, backed by numbers

We explain the reasoning behind every recommendation, from setting the rent to approving a repair, so you can make decisions like an investor instead of guessing.

Who we work with

  • Investors with two or more rentals who want consistent reporting and hands-off ownership.
  • Owners who moved but kept their home, often to hold onto a low mortgage rate, and want it rented and managed well.
  • Out-of-town owners who need a local team they can rely on.
  • Real estate agents whose clients want to rent instead of sell. See our referral program for Charleston and the Upstate.

The people behind Prosper

Davis Toney, Co-CEO of Prosper Management Group
Davis Toney

Co-CEO, Charleston

Davis spent nine years in software, nearly five of them building technology for the real estate industry, before founding Prosper in 2023. He brings that systems-driven approach to property management and leads the Charleston team, working directly with owners and investors deciding how to rent and manage their properties. LinkedIn

Clark Merritt, Co-CEO and Broker-in-Charge of Prosper Management Group
Clark Merritt

Co-CEO and Broker-in-Charge, Greenville and the Upstate

Clark has worked in real estate since 2016, first as a land broker and solar developer, which gives him a sharp eye for property value and the numbers behind an investment. He leads Prosper's Upstate team and works closely with investors building and managing rental portfolios. LinkedIn

What happens after you hire us

1

Rental analysis and intro call

We look at your property, the local rent comps and your goals, and tell you what we expect it to rent for.

2

Onboarding

We sign the management agreement, set up your owner portal and collect keys, HOA details and property information.

3

Rent-ready check

We walk the home against our Rent Ready Standards and line up any work needed before it lists.

4

Marketing, showings and screening

We list the home, handle showings and screen applicants against our applicant requirements.

5

Lease and move-in

We sign the lease, collect funds and document the home's condition with a move-in inspection.

6

Ongoing management

We collect rent, oversee maintenance, handle renewals and send monthly statements you can view any time in the owner portal.

Key facts

Company name
Prosper Management Group
Founded
November 2023
Founder
Davis Toney
Charleston office
677 King Street, 3rd Floor, Charleston, SC 29403
(843) 790-2772 | Charleston@prosperpm.com
Greenville office
105 Lydia Street, Greenville, SC 29605
(864) 400-2493 | Greenville@prosperpm.com
Service areas
Greater Charleston, including Mount Pleasant, Summerville, James Island, West Ashley and North Charleston. Greenville and the Upstate.
Services
Long-term residential property management: leasing, tenant screening, rent collection, maintenance oversight, owner accounting and lease enforcement
Property types
Single-family homes, townhomes, condos and small multifamily
Homes managed
180+
Licensing
South Carolina Real Estate Office license #27287. Broker-in-Charge: Clark Merritt
Office hours
Monday to Thursday, 9 AM to 4:30 PM. Friday, 9 AM to 4 PM. 24/7 emergency maintenance line.
Website and social

Questions about Prosper

How long has Prosper been in business?

Prosper Management Group was founded in November 2023.

Are you licensed?

Yes. Prosper Management Group holds South Carolina Real Estate Office license #27287, and our Broker-in-Charge is Clark Merritt.

What areas do you serve?

Greater Charleston and Greenville and the Upstate of South Carolina.

Do you manage single homes, or only larger portfolios?

Both. Many owners start with one home. Our systems are built for investors who own several rentals and want consistent reporting across all of them.

Will you try to sell my house?

No. We do not sell homes. If you decide to sell, we refer you back to your real estate agent.

How do I see what is happening with my property?

Every owner gets an online owner portal with monthly statements, documents and maintenance updates.

Do you handle maintenance emergencies after hours?

Yes. Our offices are open Monday to Thursday from 9 AM to 4:30 PM and Friday from 9 AM to 4 PM, and tenants can reach our 24/7 emergency maintenance line any time.

What does it cost?

See our pricing for Charleston and the Upstate.

Who owns Prosper?

Prosper is locally owned and operated by Davis Toney, who leads the Charleston team, and Clark Merritt, who leads the Upstate team.

Talk to the team in your market

Start with a free rental analysis, or call Charleston at (843) 790-2772 or Greenville at (864) 400-2493.

Get a free rental analysis