Owner Insights and Strategies

Rookie Mistakes New Owners Make

Author: Alex Delaney Rental property is an investment. Not only can it generate monthly income, but it can also, with care, become a valuable asset. Make sure that investment works for you. By ignoring the below information, you can put that investment at risk. Pre-marketing properties: Pre-marketing is a bad idea. It disrupts the already…

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Code Enforcement and How It Impacts Owners

Author: Alex Delaney Code Enforcement is an arm of the county government that enforces the housing code, graffiti ordinances, and/or Commercial Maintenance and Industrial Code. Every county and/or city in Georgia maintains a code enforcement division which has the authority to enter residences and examine for violations of the Georgia code.   If your property…

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Landlord Retaliation Laws: How to Protect Yourself

Author: Alex Delaney A new bill, that will amend current laws around landlord-tenant issues, has passed the Georgia Legislature and is awaiting the Governor’s signature.  This bill has the goal of protecting tenants from retaliation by landlords for taking certain actions, such as evictions, when tenants request repairs. The bill allows tenants to establish a…

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Discrimination Laws And The Fair Housing Act

Author: Alex Delaney  In 1968, after years of attempts, Congress passed the Fair Housing Act in the wake of Martin Luther King Jr.’s assassination. It was quickly signed into law by President Johnson. Meant as a follow up to the Civil Rights Act of 1964, this law was intended to correct the practice of restricting…

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Spring Events in Metro Atlanta: April & May

Georgia Renaissance Festival Delve into life in 16th century England with live entertainment, food, and artisan craft shops. When: April 13-June 2: Saturdays, Sundays and Memorial Day Time: 10:30 a.m.-6 p.m. Price: $20-$24 for adults, $10-$12 for children, free for children 5 and under Sandy Springs Artsapalooza An artist’s extravaganza featuring demonstrations and hands on…

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Rental Laws That Should Never Be Broken

Author: Alex Delaney Managing rental property can be quite the balancing act.  In addition to getting properties ready to rent, managing quality control, preparing marketing, finding tenants and keeping them happy, you must also be aware of federal, state, and local laws regarding rental property to ensure you don’t run into trouble that can cost…

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Do Property Managers Need A License?

Do You Need A Real Estate License To Be A Property Manager (1)

Most states require a real estate license for anyone involved in property management activities. It can get a little confusing as some states’ real estate statutes never even mention the words “property management”. For example, Idaho, Maine, and Vermont do not require any license to be a property manager. On the other hand, Montana, Oregon,…

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Equity: The Money Hidden In Your Home

Do You Need A Real Estate License To Be A Property Manager (1)

Equity Equity can be defined as the market value of the home minus any remaining liens, or, more simply put, the percentage of your home that you own. It is important to realize that equity is, in fact, an asset and is factored into your overall net-worth. In a sense, it is how much of…

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The Changing American Dream

The Changing American Dream

Homeownership, once a measurement of success, has become an albatross, trapping people in homes when the economy requires more mobility. Jobs no longer last for decades and the next best career move might be across the city or the country. “Locking into a mortgage can feel like a trap for this mobile generation.” Millennials have…

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Avoiding the High Cost of Vacancies

Avoiding the High Cost of Vacancies

When a property is vacant it loses money. It is that simple. In addition to losing rental income, a vacancy means high turnover costs to get the property ready to rent. So how do you avoid vacancies? Tenant retention. Keeping good tenants avoids the money pit of vacancies. The best way to keep a tenant…

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