Property Management Companies Decatur Georgia

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Are you a real estate investment property owner in or near Decatur Georgia? Ask yourself, do you know what your existing property management company is going to charge you next month?

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If you are in search of a affordable investment property management agency in Decatur Georgia RentVest Property Management welcome you! If you’ve had a negative experience with any of the many property management companies in Decatur Georgia we would like the opportunity to show you how RentVest can put those concerns aside.

What exactly do property managers in Decatur Georgia do? Do you have any idea what Property Managers do? The reality is they perform several functions, with the main one being rent collection. Collecting rent might be a strenuous task for most landlords. The better property they may have to manage, the greater the task it is to keep on top of collecting rent, however property managers take care of the entire rent collecting process.

Additionally they manage repairs issues. For instance, they are able to send a maintenance guy to perform ordinary repairs or arrange for repairs services when they are asked for. All you need to do is agree to payments or pre-approve payments ahead of time, that way the property manager doesn’t need to reach out to you each time repairs is needed.

Locating prospective tenants who can pay their rent promptly is yet another thing property managers do. They may do credit report checks, conduct interviews and conduct a indept background check. They know what to look for when it comes to choosing renters.

Accounting is generally included in the support supplied by property managers. They can maintain accurate records, which can be useful when it is tax time. Bookkeeping is not an enjoyable assignment, but it should be done and it should to be done properly, which is one of the reasons property investors should use property managers.

Working With a Property Management Company in Decatur Georgia.

Employing a property management company will cost you money, but it really could help you save time and effort. If you have real estate which you own and rent to renters, be they commercial or residential, then you have many things to manage. If it’s only a few units, maybe you could keep on top of it all, however when you get more, things will get problematic quickly, and property management would be a permanent job, which happens to be something that you were trying to evade or already have.

A rental property manager is the middle person between both you and your renters, dealing with queries with tenants, maintenance requests, yard work, as well as accepting and evicting tenants when required. In exchange, the rental property management firm gets paid a percentage of the rent for their time, before depositing the rest to the owner account.

So, your profit margin falls, but your schedule is totally free. Additionally, the best property management firms are definitely worth the money considering how they may get rid of bad tenants that cost money, maintain your properties in excellent condition, and locate reliable renters that decrease your vacancy rates and give you reliable and steady rental income.

RentVest Property Management domination more than 12 markets as taking many other property management companies in Decatur Georgia off guard. The truth is that Decatur Georgia property owners had been looking for a flat rate property management company in Decatur Georgia for some time now but he appears that no one was listening. RentVest PM is the company of chores for many real estate property owners throughout Decatur Georgia and we would like the opportunity to show you how we make owning rental real estate easy. If you would like more information about RentVest Property Management please take a look our property management group blog!

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What are the Costs and Benefits of a Professional Property Management Company?

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If you are reading this, there is a good chance you are considering hiring a professional property management company, but are not sure if you should or not.  We’ll break down three benefits and talk about the associated costs.

Increased Occupancy Rates

If the property stays vacant for long, you will not earn any rental income, but your expenses continue for somewhat of a double whammy. Since getting the right tenants is not easy, let professional property management companies do the work for you. They can find you tenants easily, thereby avoiding dry months when there is no rental income coming to you. They get you a fair market price which is the number one criteria for getting a property rented quickly.

Professional property management companies have seen and leased hundreds of features, study market trends, and have access to data that helps them prepare an in-depth market analysis, tools, and experience that help them find the optimal price to attract tenants and provide steady rental income.

Top companies know that nice professional photos make your property stand out to busy online searchers. Hire an experienced professional property management company that has worked with many renters. They know what amenities tenants are looking for and how to highlight the strengths of your home. They definitely know how to make your property shine. If your property requires some minor upgrades to increase the home’s marketability and rental income significantly, the company will know what to recommend so you can get your rental ready for tenants.

Avoid Legal Issues

Strong knowledge of all local, state, and national fair housing and landlord-tenant laws are required for you to manage your rentals properly. If you make rookie mistakes, like asking the wrong questions and taking too long to make certain repairs, you’ll be lead to hefty fines, lawsuits, and other legal problems. For instance, landlords usually find themselves in legal cases over security deposits which they charge tenants for property damage. This is because what the landlord sees as damage, the law and tenant may see as normal wear and tear.

On that hand, property management companies have years of experience handling such cases following the law. Moreover, they can save you, the owner, significant losses and hassles that come with a lawsuit. They can track changes in the rules, and many companies like RentVest will regularly consult with real estate lawyers to ensure that their practices remain compliant in all areas, such as lease administration, holding, and returning security deposits, rent collection and enforcement, issuing late notices and fees, doing inspections, and allowing entry to the rental property, and processing eviction procedures.

High-Quality Tenants

A thorough screening process can help avoid many problems that come with problem tenants. This will help you not get unruly, irresponsible people without a track record. You can get higher paying tenants who request less for repairs, thus saving you a lot on maintenance fees, damage to property, and headache. Professional property managers will ensure that you get a proper screening of possible residents to avoid these problems later.

A rental manager will have the tools in place to check criminal records, credit, work history, bankruptcies, and evictions. They also make out time to call prior landlords and other references provided by the tenant. They can ask the right questions, can identify any red flags, and may even listen for reports and make phone calls. They do all this to ensure that the problem of the problematic tenant does not arise.

What are Fees Charged by a Professional Property Management Company?

The fees vary from each professional property management company.  One company that charges $75 flat per month may be more expensive than one that costs $99 a month because of additional fees.  RentVest is not talking hidden or junk fees. These are fees that other property management companies openly charge you up front once you are ready to sign a contract.

RentVest charges a couple of fees depending on the area you are located. In Arizona, we are revolutionizing the industry by charging only one price for a complete property management package. We charge only $99 a month, which saves owners an average of $892 even after considering the flat rate that other companies that charge less per month!

In other areas, we charge a flat rate of $80 a month plus 50% of first month’s rent once a tenant is placed.  Additional fees include $250 lease renewal, inspection fees, and rent-ready charges to get your property in tip-top shape.

Vendors are vetted and qualified and bill you directly.  You have access to our discounts for lawyers and accounting and other benefits.

RentVest is a leading professional property management company and is among the fastest growing in the nation. Through affordable pricing, personal service, and transparent communication, we make investing in rentals a pleasure.  Contact us for more information.

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