Author: Alex Delaney  At Compass Property Management, we are staying on top of our rent rolls. We are following up with all delinquent tenants, offering them empathy, support, resources and options. We are allowing weekly payments, if necessary, for those reliant on unemployment checks. We suspended late fees for April and May and we are…

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Author: Alex Delaney You are not alone. The Covid-19 pandemic has rocked our world to the core. But you don’t have to wait for everything to fall apart. There are steps you can take to keep your credit in good shape, or at least keep it from bottoming out. 1) Determine your budget. We are…

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Author: Alex Delaney The Prediction: Many economists, from JP Morgan, to Forbes and Moody’s Analytics, are predicting a 2020 global recession. According to a panel of over 100 housing and real estate economists, we are likely heading for a recession in mid to late 2020 or early 2021. But experts agree that a housing bust…

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Author: Alex Delaney The City in the Forest, with 5.5 million residents,  is one of the largest metro areas in the country and it continues to grow. By 2020 Atlanta metro area population is expected to climb to 7.3 and more than 8 million are expected to live here by 2040 with the largest influx…

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Author: Alex Delaney Home warranties have their place in the property owner’s toolbox. They cover the costs of unexpected systems repairs such as heating, cooling, plumbing and electrical. They cover most major appliances. They can even cover pools and hot tubs, although extras such as these are generally charged a higher premium. Home warranties cost…

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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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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 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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