Property Management Companies East Atlanta Atlanta Georgia

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It is no accident that RentVestPM.Com has become the top choice for real estate property owners searching for a flat fee investment property management company in East Atlanta Atlanta Georgia. When selecting a firm for managing rental real-estate there are several things to consider. While investing in property is often very important, investments such as this can be tough to deal with. That’s why it is best to work alongside a firm which specializes in managing investment real-estate. The best firm are able to carry out numerous essential functions for the property owner.

The proper management firm should be able to manage a range of issues, including property management, portfolio management, and asset management. Many firms also provide additional support services, including accounting services, plus an IT department.

These firms also bring significant amounts of knowledge and experience to the table. Many firms focus on specific varieties of property management, like multifamily homes or luxury housing. Every firm ought to have a good comprehension of the industry and the requirements to get a sound property investment.

Working with the right management firm will even give you many opportunities. You can find companies that allow investors to group their financial resources, that may provide you with use of investments that might have otherwise not been available to you personally. If you wish more investment options, using a firm is the right choice.

Take time to get a firm that suits all your requirements and is allowed to give the aid you might be searching for. You will benefit immensely as soon as you start working with an investment firm. Even though not an IT when compared to other property management companies in East Atlanta Atlanta Georgia, RentVestPM.Com is light years ahead. Our investment in technology has permitted us to expand into more than 12 markets relatively quick compare to others.

Benefits of Hiring a Property Management Firm in East Atlanta Atlanta Georgia.

Take time to get a firm that meets all your requirements and is capable to giving assistance you’re seeking. You will benefit immensely after you start working with the investment company. Even though not a technology company per se when compared to other property management companies in East Atlanta Atlanta Georgia, RentVest PM is profoundly more sophisticated. Our commitment to technology has allowed us to grow into more than twelve cities in just a few years.

Reasons Behind Employing a Property Management Firm in East Atlanta Atlanta Georgia
Renting my property was hard to do by myself. Hiring a property management firm helped considerably. Not only did it clear up my time, but it also provided significantly better returns on my rental. The management firm which I decided to use could handle everything linked to my house rental and they had the ability to find the right person and it should not cost me a fortune to deal with. Due to the fact that they were already using a clear screening process, they had the ability to get tenants that were effective at paying promptly each month. It took a lot of stress from the whole rental process and converted our house into a practical income stream which we can count on each month.

Being forced to manage any rental property all on your own can be a significant hassle that you might want to prevent. Making the choice to put money into utilizing a property management company generally is one of the most effective decisions you will make if you are searching to rent out your own home or apartment without having it turn into a full-time project for yourself. A house management company totally took over the management of our home and enhanced the efficiency in the whole process, from beginning to end and we would do it again with no worry. With all of that said it’s imperative that we mentioned that although RentVest is known for Property Management Companies in Oak Grove, OR we also offer those looking to rent a pristine inventory of rental properties in East Atlanta Atlanta Georgia. So, if you are a real estate property owner in or near East Atlanta Atlanta Georgia looking for to improve the return on your investment we would like the opportunity to show you how to make this a reality. If you would like additional information on the services we offer at RentVest PM please take a look our blog

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Considering Property Management Rentals as an Investment?

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Here are Some Tips for First-Time Landlords

Planning to invest in your first real estate rental property? Are property management rentals the best solution for you? Well, it’s a great investment for securing an income stream, but if you’re new to wearing the landlord hat it can be overwhelming. Here are some things you should know before diving in.

Multifamily and single-family rental property is a hot market in 2019! Investors’ new multi-family construction is booming, and the opportunities for adding a property management rental income stream to your nest egg are abundant!

If you haven’t started viewing potential properties yet, or if you’ve just begun your search, make sure to investigate communities that are thoroughly promising. This is where you should begin your homework and seek professional guidance about lucrative investment communities. Once you start your search for a property, compare rent pricing and tenant vacancy rates for comparable rental properties in the area you select, which will be helpful when it comes time to determine how much you’ll be asking for your rentals.

It’s important for first-time landlords to spend a good amount of time familiarizing themselves with all that’s involved in managing tenants, and protecting the value of the property, which is a major undertaking even for experienced landlords.

Property Management Rentals Tips

Finding good tenants is perhaps the biggest challenge landlords deal with. Tenant screening can be an extremely time-consuming task, especially for newbies. There will be times that you will take all the recommended measures and do all the right things during the screening process and nonetheless end up dealing with a bad tenant. But there are some important steps you can take to find the best possible tenants overall:

  1. Meet tenant applicants in person

This may seem obvious, but in today’s digital world it is possible (and often tempting) to complete the entire tenant selection process online. It is in your best interest to meet face to face with each prospective tenant and walk them through the rental unit. Spending just 20-30 minutes with someone can give you a good sense of the kind of tenant they could be. Here’s your chance to observe their general demeanor, behavior, disposition, and whether they will be respectful toward other tenants in the building. Experienced landlords and property managers understand the advantages of meeting a prospective tenant and observing their appearance (are they clean and conventional, or not so much?). It’s an important opportunity to get a sense of whether they are forthcoming and receptive or if they seem evasive when asked relevant questions (such as: how many people will be living in the apartment?). As a landlord, your instinct will be an important barometer when it comes to choosing the best tenants.

  1. Run background checks

If you decide to enlist a property manager or property management company, they have all the tools and experience to efficiently and thoroughly handle things like background checks, employment and income verification, credit checks, contact previous landlords, and handle the in-person tenant screening process. Property management companies can even take care of lease management, rent collections, evictions when they become necessary, and other paperwork that can suck all the joy from a landlord.

  1. Collect a substantial deposit.

Request a deposit that will cover any damages your tenant may leave behind. An important tip is to never price the deposit at the same rate as the tenant’s monthly rent. For example, if the rent is $1,000 per month, price the deposit at $1,500 to make it clear to the tenant that the deposit cannot be used for the last month’s rent. Otherwise, the tenant could leave your rental unit damaged, leaving you without deposit funds to cover any repair or cleanup costs.

  1. Read and make sure you follow the Fair Housing Rules.

Although these rules aren’t new, an unfamiliar first-time landlord must be sure that they are not making tenant decisions based on race, gender, sex, religion, disability, or family status. Even an unintentional breach of these rules can carry serious penalties.

Of course, you will be responsible for maintenance, including the landscaping and maintaining safe, clean common areas, stairwells, elevators, lighting, etc. If tenants experience problems within their unit, whether it’s a water leak, a clogged drain, or a malfunctioning appliance, they call the landlord or property manager even if it’s in the middle of the night.

Being a landlord doesn’t have to mean you can’t get help. In fact, trying to do it all and learn as you go may end up costing you more that you’d bargained for.

Many rental property owners enlist a property management team to take care of all these responsibilities and more. They have the training, the tools, and a command of local, state, and federal tenancy laws, tax obligations and deductions, and insurance regulations and responsibilities to keep their clients and the clients’ investment secure.
Property managers collect the rent from tenants every month, and quickly follow up with any tenants whose rent wasn’t submitted on time. When a tenant eviction becomes necessary, the property management company handles the entire process, from the courthouse filing to the day that the evicted tenant is escorted off the property.

Property managers also leverage the latest marketing tools, technology, and strategies to advertise their client’s available units and keep vacancy rates low.

Property managers handle the maintenance duties and develop regular schedules for preventative property inspections and upkeep including routine inspections that are meant to intercept small problems, such as water dripping from a pipe or cracked pavement, and fix them before they can turn into costly emergencies.

As a first-time landlord, you may want to learn more about what a property management company can do to help lighten the burden. Many property owners who rely on property management services to keep their investment properties protected and well maintained, their administrative tasks running smoothly, and to make sure they comply all legal, tax, and insurance regulations, and responsibilities.

If you are thinking of investing in property management rentals, it’s important that you take the time to fully understand what being a landlord entails. Renting any property is a major undertaking, which is why it can be so beneficial to hire a property management company to handle the day-to-day responsibilities and keep your investment running smoothly.

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