Atlanta is one of those cities where real estate investors can't afford not to invest! With a population of just under 488,000, more of Atlanta's residents rent their homes than own them.
That's right! About 56% of the residential population preferring renting instead of homeownership. That means investors need to add investments in this rental market to boost portfolios and capitalize on a significant opportunity! Whether you're local or considering U.S. investment properties while living internationally, Atlanta must be on your real estate investment map.
However, even with affordable properties, high demand, and plenty of entertainment, restaurants, shopping, investors risk losing money without the best Atlanta property management company to handle their properties. If you're ready to get into this market (or add more properties to your portfolio), here's why you need a property manager to maximize your success!
Even with a significant renter population, renters are still selective when looking for a home. If your properties don't offer what renters want, they'll stay empty and lose money.
Out-of-state and international investors often find it challenging to know what renters look for in the Atlanta market. How can you keep your properties competitive with quality maintenance and the right amenities when you aren't here to see rentals and renters in person? A property manager is here for you!
We keep an eye on the market and compare your properties to similar homes and renter demands. When we recognize that a potential upgrade could boost a property's income and keep it competitive, we make those recommendations and oversee the work to keep your properties competitive.
Smart upgrades attract quality renters and can boost a property's monthly rent price. However, the wrong upgrades can be costly mistakes that never pay off. The right combination of amenities and an ideal monthly rental rate helps investors avoid extended vacancies and income loss. Before investing in renovations that renters don't need and never pay off, partner with an Atlanta property management company to make sure you invest in appropriate upgrades.
A rental with too much wear-and-tear (or significant repair needs) will stay empty. Renters look for safe homes to raise families, work from home, and enjoy everything Atlanta has to offer. They won't stick around in a rental house that constantly needs repairs. Renters also won't renew a lease if they struggled to get timely responses to maintenance requests.
Your properties need professional maintenance from an expert Atlanta property management company. DIY repairs might be an "okay" solution at times. However, if you plan to make significant income from your rental properties—or you invest in this market from out of the country—you need professionals to deliver quality repairs and routine maintenance. Without this level of care for properties (and renter needs), investors risk losing income (and residents).
A professional property manager delivers:
In most cases, real estate investors save money with a property manager handling repairs and routine maintenance. Our strategy helps prevent significant repairs and repeated trips to the hardware store to keep "trying" to fix a problem.
We know renters don't enjoy maintenance hassles, and your Atlanta rental properties deserve high-quality care! With the right property manager, investors experience better property values, lower maintenance costs, and happy residents who renew their leases.
Well-maintained rental homes will attract plenty of interest from Atlanta's significant renter population. However, not everyone who fills out an application is the right fit to live in your properties.
How can international investors experience worry-free rental property ownership when they never meet the people living in their rentals? Without the best Atlanta property management company handling the marketing, screening, and leasing process, long-distance investors often worry about difficult tenants taking over their properties.
With a property manager in place, investors never have to worry about finding the right residents or dealing with bad renters. No renter is perfect. However, a property manager has the experience to avoid bad residents and find the best quality renters for your properties.
A fair and effective screening process means reviewing every applicant against the same criteria. Placing quality residents into Atlanta rental homes requires more than picking someone who looks good on paper. Personal preferences can't determine who qualifies for your rental—or who doesn't.
Real estate investors can start with legal criteria before beginning the renter screening process. However, if you're not sure how to develop criteria that follow the law or conduct a fair (and legal) screening and selection process, you need a property manager to guide you through it.
Bad renters don't pay the rent, don't follow the rules, and often don't give notice before abandoning your rental. To avoid these renters, the right Atlanta property management company screens every applicant by:
For pet-friendly properties, we also screen pets (and their owners) to make sure all occupants are the best fit for your rental.
Without a thorough screening process, investors put properties and income at risk. With a significant population of renters, it can be tempting to pick a new renter from the many applications you receive after listing a property. However, successful investors realize that it's worth the effort to their bottom line to conduct screening best practices with a professional property manager.
There is plenty of opportunity for real estate investors in Atlanta! Whether you're local and ready to generate more passive income, or you recognize the success waiting for you here while living internationally, maximize your success with the best Atlanta property management company!
Compass Property Management makes investing in Atlanta from abroad (or locally) a worry-free experience with integrity at the heart of the property management services we offer. We combine the latest technology with expert customer service, local experience, and industry expertise to maximize your success.
With a thorough understanding of the market, we help investors find the right properties for their portfolios and deliver what renters want in their rental homes. We also back your success with our service Guarantees! From tenant placement to pet damage, we stand by our services—or we make it right if something goes wrong on our watch.
When you're ready to do more with your rentals in Atlanta, contact us to learn how we help real estate investors maximize their success!
When it comes to rental homes, we're the best option out there.
Owning a rental home represents impressive earning potential for investors who know what they're doing. Unfortunately, many homeowners struggle to turn a profit or run themselves ragged trying to get results.
When home ownership turns into a burden, it's time to find a professional Atlanta property management team who can turn your rental around and make things easier for you.
At Compass, we provide solutions for homeowners across the metro Atlanta area. Our team of talented experts works tirelessly to keep your home meeting its performance benchmarks.
From single-family homeowners looking for a bit of support to investors with large portfolios, we're capable of meeting needs both big and small. Connect with us today to learn more!
Let the experts keep your Atlanta home operating efficiently. Our strategies increase desirability, enhance investment value, and maintain the financial success of your property.
Lengthy vacancies cause thousands in lost revenue. Say goodbye to stress with our team working for you. We aggressively publicize your listing & show your home.
Every application we receive undergoes rigorous screening, and we only place highly-qualified applicants. This approach helps us ensure your home is in the best hands.
Still chasing after late payments every month? Let our team take charge of your monthly billing needs. We collect funds for you, follow up as necessary, and impose late penalties.
A proactive approach to rental property maintenance is essential to preserving your income. We respond to maintenance requests quickly & make sure work is completed correctly.
Property inspections give us an opportunity to check on your home and renters. We verify that there are no hidden problems & that tenants are respecting the terms of their lease.
As our client, you enjoy detailed financial reports each month, which document all earnings and expenses for your home. Sign into your account at any time to take a look.
We specialize in serving international investors looking to grow their portfolio in the metro Atlanta rental market. We make investing in Atlanta from abroad a worry-free experience with integrity at the heart of the property management services we offer.
See what other investors have to say about our property management services and international expertise.
Correctly pricing your rental property is crucial to maximize your portfolio's potential. Retain excellent renters longer and enjoy more income with the perfect price. Begin with a free, no-obligation rental analysis today.