Some are proactive, taking matters into their own hands. Others like to have layers of protection between themselves and their tenants.
Others can be intrusive, treating their prior home like a personal dwelling instead of an Atlanta rental property.
Check out the types of landlords listed below and determine where you fit: Is this where you want to be?
This landlord purchases a new home, and decides to make her old home into a rental. Great decision—unless you don't get professional assistance. In that case, you can make some costly mistakes.
This landlord hires the cheapest manager he can find, then requests a reduction or concession. He undermines the manager at every turn, introducing himself to the tenant and telling the tenant to call him if there are any problems. He handles his own repairs, but on his schedule.
This landlord researches management companies, makes her decision, and relinquishes all responsibility for the rental. This type prefers to pay a management company to take on the headaches of chasing rent, handling repairs, and making the tenant feel welcome without approving every requested maintenance or dealing with the occasional eviction.
This owner searches for the most inexpensive management
company and then questions everything. He never
responds to repair estimates or wants two to three bids for
each job in an effort to save a few bucks.
The bottom line in rental property IS "The Bottom Line" (your income stream and expenses).
Do yourself a favor: Investigate management companies, find one that you can trust, then let them do their job.
We take care of your investment so it will take care of you. With over 40 years of combined experience, our team is eager to handle your metro Atlanta rental property.
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.
At the Compass Property Management Group, we believe the most important step is getting to know you and what you need or want from your investment. Cultivating professional relationships with our clients is key to developing a successful property management strategy.
Compass screens applicants to help you find a quality tenant. Once a renter is procured, we begin to develop working relationships based on good faith and trust through open communication and quick responses to renters. A satisfied resident is an important factor in the management equation.
Real estate investments need to be safeguarded. At Compass, we have established relationships with qualified professionals who can provide quality service when the need arises. Proper rental property maintenance keeps investments attractive to tenants and helps maintain or increase property values.