Compass Property Management Blog

Real estate investing is a lot more than just buying and selling properties. There are multiple ways to earn money in this industry, but many successful investors specialize in a particular aspect of the industry. Whether you have invested in real estate for years or are a newcomer to the industry, it's important to know about the different ways that investors can make money from real estate. Our Atlanta property management team reviews some of the basics you'll need to know before you start investing in real estate. What Are the Different Type…

When owning and operating rental properties, it can feel like renters ask for a lot. Whether it's frequent maintenance requests or an extension for paying the rent, it's easy to get frustrated when residents frequently call with issues you need to address—whether you accommodate their requests or not. What about reasonable accommodation? When a resident (or potential resident) with a disability requests to modify your property or a policy to accommodate their condition, Metro Atlanta property owners must consider these requests and respond acc…

When it comes to deciding whether to rent or sell a home, there are a lot of factors to consider. Some Atlanta homeowners might find that renting their home is more profitable in the long term, while others may find that selling now is the better option. Through our more than 40 years of combined real estate experience, we've learned that there's no right or wrong answer to that question, but it's a common question (and an excellent one). Many property owners prefer to sell a former home and move on to their next adventure. Other homeowners are…

If you are a rental property owner, you have to conduct property inspections under different circumstances. Rental property inspection is a detailed process that comes with advantages and disadvantages. Although it gives you the peace of mind that comes with knowing that your property is in order, it can also cause you stress when you find faults that you are not ready to handle. As a property owner, you want to make sure that your property is in the best condition possible to attract prospective renters and maximize your income. It is also you…

You've probably heard that it's a terrible idea to mix business and pleasure. If you're looking for a tenant to rent your residential property, you might be inclined to rent to family or friends. However, before you decide to rent to friends or family, think carefully about the benefits vs. the drawbacks. Whether you have a property manager or not, it's critical to understand the risks of renting to friends! While it might be nice to rent to someone you already know, it might cause a strain on personal relationships. In this blog, our Atlanta p…