Fax: 678-496-3395

Property Management Blog

Tuesday, October 11, 2016

How Tenants Get Fake References

You can also use this process to deceive potential landlords.  These companies will set up a fictional property manager website and a fictional phone number via the internet for any area code you desire. They will work with you to develop a detailed history and then rehearse it with you so that there are little to no flaws in both of the stories.  When a landlord calls the reference number given, they are greeted by a worker who has a complete packet of information regarding your former tenancy with them.    Read More »

Saturday, September 17, 2016

Why Can't My Tenant Pay the Rent?

The downside of low priced housing is that you generally deal with tenants who live from paycheck to paycheck and any unexpected costs can knock their budgets completely out of whack.  When living on a tight budget, families barely cover monthly costs leaving little ability to save for extras or emergencies.    Read More »

Monday, April 18, 2016

Criminal Background Checks: What is Legal, What Will Get You in Trouble

Discrimination in and of itself is not illegal.  Where landlords face penalties is when discrimination is not practiced across the board.  For example, if your company consistently runs background checks on every applicant and denies housing to all applicants with criminal convictions you are practicing a form of discrimination that currently has no consequences.  However, if your company only runs background checks on people of color and rents to a white person with a similar criminal history, you face penalties and possible lawsuits under the Fair Housing Act which protects certain classes of people from discrimination.  Currently those classes are defined as: race, ethnicity, religion, familial status and disability.  Some states and municipalities also include gender and sexual orientation.  These additions fluctuate across the Metro Atlanta area so check with your local ordinances.  Read More »

Monday, May 18, 2015

Curb Appeal: How to Make Your Rental Property Stand Out From the Pack

Great first impressions won't get you the renter.  But they will get the prospective renter in the door.  With the internet allowing for a wide variety of rental options, getting the renter in the door is half the battle.  How do you make this happen?  Do a visual audit of your property.  Take a look at your property from the street.  Is the house visible from the street?  Is the yard well maintained?  Is the entryway appealing?  How will your marketing pictures look on the internet?  Read More »

Monday, May 04, 2015

New Water Heater Regulations and What That Means for Property Owners

The Department of Energy has recently updated the regulations for water heaters.  The required changes can wreak havoc on budgets for owners of multiple rental properties.  If your properties have water heaters that need to be replaced in the next few years, now is the time to do so.    Read More »

Wednesday, April 08, 2015

How to Find an Ideal Rental Property

When diving into the world of rental property the first step is to determine the price line you want to work with.  Homes in higher priced neighborhoods will increase the probability of attracting financially secure, long-term tenants meaning lower turn-over, less time the property sits vacant and lower renovation costs.  But higher priced homes may be beyond your planned price range.  Even if the initial cost is within your budget, make sure you also evaluate the costs of property taxes (check with the local tax commissioner's office), insurance, and what higher income tenants will expect in the way of repairs.  Will your rental income cover your projected costs and allow a margin of profit?  Keep in mind the resale value of a higher end home when calculating your potential profit.  If you are looking for a short term investment, resale value is an important consideration.  Read More »

Monday, March 16, 2015

Cut Your Long-Term Maintenance Costs

When property owners focus on keeping maintenance costs down by doing repairs only as needed, they can face more costly repairs in the long run. Being proactive with repairs  can save you money and preserve your property's worth.  Read More »

Compass Property Management Group, LLC
1275 Shiloh Rd Suite 2950
Kennesaw, Ga 30144
Phone: (404) 445-7770
Fax: (678) 496-3395
E-mail: Rent@CompassRent.com
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Compass Property Management Group, LLC, Property Management, Kennesaw, GA