Compass Property Management Blog
It's time to let go of your DIY rental property ways—if you want your Metro Atlanta rental properties to stay competitive! You might be good at fixing things around the house, but success as a real estate investor can't rely on your ability to repair a running toilet or handle routine maintenance on the heater and air-conditioner. If you're a long-distance or even international investor, you can't rely on the problem to have been solved without local eyes on your rentals. Renters are smart—and their expectations are high. Trust us; we're reside…
Continue Reading...As an Atlanta, GA property management company, we’re familiar with the question of “what does it cost to evict a tenant?” While there isn't a universal answer to this question, we can break down some of the costs by walking through the stages of the eviction process to help real estate investors become aware of potential costs. In general, evicting a renter is more costly than finding quality renters and managing rental properties with strategies to avoid eviction! Breaking Down the Cost of Evicting a Tenant Before you can evict a tenant in Geo…
Continue Reading...While all Atlanta, GA landlords want their rental property filled with tenants who pay the rent, dealing with a difficult tenant could ruin your investment goals. A terrible tenant will take advantage of almost any situation and leave real estate investors with income loss. Our Atlanta property management experts have compiled a list of warning signs that can help rental property owners spot a terrible tenant. When going through your tenant screening process, watch for these seven warning signs that you could be interviewing a bad renter! 1. …
Continue Reading...As an Atlanta property owner, you're likely keenly aware of the risks that come with renting your home to a tenant. When the resident doesn't pay rent and damages the property, you lose money! When a renter is less than ideal and hassles you every day, you lose time! Screening tenants for these potential problems is the best way to avoid costly mistakes (including the time and expense of finding a better renter when a terrible one finally moves out). Today our Atlanta property management team tells you everything you need to know about how to …
Continue Reading...It is the desire of every landlord to have tenants that stay for several years running in order to reduce turnovers. However, that is not the reality of the real estate market as landlords are forced to handle turnovers regularly. Once you get a non-renewal notice from any of your tenants in your Metro Atlanta rental property to signal that they plan on moving out at the end of the lease agreement, you need to start putting a strategy in place to effectively turn over the rental unit. The turnover process of transitioning from the previous tena…
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