Property Management Companies East Atlanta Atlanta Georgia

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Are you a real estate property owner in or near East Atlanta Atlanta Georgia? Ask yourself, is your existing property management company charging you too much?

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Welcome to RentVest Property Management’s website if you are looking for a flat rate rental property management agency in East Atlanta Atlanta Georgia you have found the right site. The number of property management companies in East Atlanta Atlanta Georgia is quite substantial. Nevertheless, whether you’ve had a good or negative experience RentVest PM would like to show you how we make owning a rental real estate property easy.

Precisely what do property managers in East Atlanta Atlanta Georgia do? Have you any knowledge of what Property Managers do? The truth is they fulfill many duties, with one of the main things being collecting rent. Collecting rent is a demanding task for many property investors. The greater number of property they may have to manage, the greater the task it is to remain up to date with collecting rent, but property managers manage the entire rent collecting process.

They also handle maintenance issues. As an example, they are able to send a handy man to perform standard repairs or give upkeep services when they are needed. All you have to do is agree to payments or pre-approve payments ahead of time, doing this the manager of the property will not need to call you when ever maintenance has to be done.

Finding prospective tenants which will pay their rent punctually is yet another thing property managers do. They may do credit report checks, conduct interviews and carry out a indept background check. They understand things to look for with regards to choosing renters.

Bookkeeping is generally included with the help supplied by property managers. They could maintain accurate records, which is useful when it is tax time. Accounting is not really an enjoyable assignment, but it has to be done and it needs to be done right, which is one of the reasons landlords propably hire property managers.

Working With a Property Management Company in East Atlanta Atlanta Georgia!

Working with a property management firm will cost you money, but it can help you save a lot of time. In case you have apartments that you own and rent to clients, whether they are businesses or residents, then there are many things to care for. If it’s only a few units, maybe you might remain abreast of everything, however when you have more than that, things could get problematic rather quickly, and having a property manager would become a permanent job, which can be something you were seeking to escape or currently have.

A rental property management company is the middle person between you and the renters, dealing with calls with renters, maintenance requests, yard work, and in many cases finding and kicking out tenants as need be. In exchange, the home management firm receives a percentage of the rent for their time, before depositing the remainder to your account.

As a property owner, your profit margin goes down, however, your schedule is free. Additionally, worthy property management services are well worth the money considering how they can remove horrid tenants that set you back money, maintain your properties in good condition, and look for reliable tenants that reduce your vacancy rates and provide you with reliable and steady rental income.

RentVestPM.Com growth as taking many other property management companies in East Atlanta Atlanta Georgia by surprise. The truth is that East Atlanta Atlanta Georgia investment property owners had been asking for a flat rate property management company in East Atlanta Atlanta Georgia for a while but it looks like that they were not listening. RentVest Property Management is the company of chores for many investment property owners throughout East Atlanta Atlanta Georgia and we would like the opportunity to show you how we can improve the ROI of your real estate investment property. Those looking for additional details about RentVest PM please stopped by our property management Oregon blog

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Real Estate Management Tips for Property Managers to Foster a Sense of Community in Multifamily Rental Properties

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Multifamily apartment property management teams can take steps to increase tenant renewal rates, reduce tenant conflicts, and improve the tenant-management relationship by establishing a welcoming environment that encourages a sense of community. Successful real estate management companies are those find innovative ways to provide residents with a sense of home and safety, something that’s important to retaining existing tenants and making new tenants who may have just relocated to the area feel welcome. When many diverse people live side by side, it takes a concerted effort to get to know each other while juggling busy schedules. This is where the property management team can help.

Here are some simple and effective ways you can encourage a sense of community among your tenants and property management team. Tenants will appreciate opportunities to get to know their neighbors and feel valued by the management team. To establish a strategy for fostering a sense of community in your apartment complex, start with baby steps or go all out, depending on your budget.

Schedule regular events

Developing relationships can be difficult for residents in a large apartment complex. By planning, scheduling, and hosting casual events you’ll encourage residents to mingle, introduce themselves to neighbors, and get to know each other.

Encourage high participation by providing plenty of advance notice.  Promote each event to residents using a variety of communication resources to make sure to raise everyone’s awareness, including email, social media, a community newsletter, banners at the entrance and lobby or office areas, and in parking areas.

Make a budget for monthly or quarterly events themed for the season. For example:
•  Summer Barbecues
• Halloween parties
• Holiday season parties
• Valentine’s Day mixers
• Easter egg hunts for the kids
• Mother’s Day and Father’s Day fetes

Offer incentives to encourage residents to participate, like a raffle or competition to win a prize, and make sure to include information about incentives in your promotional efforts.  Events can be simple or elaborate, just remember the goal is to get your tenants out of their units and interacting to build and strengthen the complex’s sense of community.

Designate indoor and outdoor community spaces

Encourage residents to interact by making recreational areas available throughout the property. Picnic spaces with outdoor barbecue grills require a relatively inexpensive investment and offer a wonderful, laid-back venue for residents to gather. If you don’t already have a recreation room, create one in an underutilized space. Make it a place for residents to relax, hang out, connect, and chat. Provide fun diversions like board games, ping-pong, and foosball (budget allowing) to encourage interaction among residents.

Host competitions

If your budget allows, consider engaging tenants with contests. Ask your property management team to brainstorm contest ideas for resident participation. Ideas can range from best Halloween costume contests to challenging residents to glean the most “likes” on a pet photo on social media, to community-minded efforts like a food drive competition. Healthy competition is an effective way to mobilize people, and your residents will enjoy the interactive spirit of community-wide contests that don’t require them to commit a significant chunk of time to participate.

Invite community and volunteer groups to speak 

Local community and volunteer groups often provide speakers and presentations for residents in multifamily communities like yours. Animal rescue organizations, fire safety professionals, police department representative with crime-prevention tips, area Arts organizations, and others offer information on subjects that interest your residents. Best of all, most organizations provide guest speaker engagements at no cost, and these events offer additional opportunities for residents to gather and participate.

Consider hosting a charity event at your multifamily property to benefit a cause that is important to most audiences, such as those benefiting children and families, animals, medical research, and the Arts and Humanities. Encourage interested residents to participate in the events and to volunteer for future charity events in your city.

Establish a tenant action group and provide members of your property management staff with incentives (or paid time) to participate along with tenants to fully support community service efforts, and to make sure you have enough volunteers for each project. Appoint an interested and reliable resident or a staffer to head each project, organize meetings, and make sure your residents are informed of all events and projects and encouraged to participate in those that inspire them.

Enlist a tenant real estate management ambassador

Invite tenants who are known for their naturally outgoing and friendly personalities to represent your apartment community as ambassadors to welcome new tenants and make them feel at home. Offer tenant ambassadors a small rent discount in exchange for serving as a welcoming party for new tenants and provide them with a budget to create welcome baskets for new residents. Ask them to fill the baskets with flowers, cookies or other goodies, a copy of the latest community newsletter, information on community events, a list of important contacts, and other relevant information. Tenant real estate management ambassadors can be a great asset to your community-building efforts by welcoming new residents and communicating important messages to all residents on your behalf.

Social media and your social network page

Most property management teams have social network profile pages on sites like Facebook and Instagram, designed to reach audiences online. They’re especially important for attracting potential tenants who want to view 3D unit models, floor plans and pictures. In addition to your property’s main profile, make sure to take full advantage of social media sites to stimulate and encourage relationship-building in your apartment community. In addition to your apartment complex’s main profile, if you haven’t already make sure to create a unique community page where only residents are allowed to interact.

Social media should be seen as one more important venue for community building, especially since it’s accessible 24/7 and doesn’t require knocking on a neighbor’s door to say hello or introduce one’s self.  Community-building activities should include as many different activities and venues as possible to encourage maximum tenant participation.

Encourage community feedback

As you’re creating programs, events, and projects to develop your multifamily community-building strategy, make sure to encourage feedback from those residents who participate. A holiday party or contest may seem like a great idea but it’s important to make sure your tenants find them enjoyable. That’s why you need to make it easy for residents to provide feedback.

Follow up events, both in-person such as summer barbecues or guest speaker engagements, and online such as contests, by making an anonymous online feedback request available to tenants. Event feedback requests can include a link to a brief survey regarding the event that tenants can fill out and return in just minutes. Make sure your surveys are brief and anonymous. You can also include a note reminding tenants that they are always welcome to visit the real estate management office during regular business hours to speak on an in-depth level about an issue or concern as well.

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