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 In 2019,  the economy was surging, but experts were starting to predict a slowdown. We took their advice and streamlined our company allowing us to focus on what we do best, the management of rental properties. We believed this move would allow us to tighten our belts and navigate a potentially shrinking…

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Author: Alex Delaney There is a lot of information out there regarding the Covid-19 virus. We want you to be safe, so we have reviewed Red Cross, CDC, Johns Hopkins and other websites to bring you the most up to date information in an easily reviewed format. This is a new disease and we are…

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Author: Alex Delaney Section 8 has a bad reputation. While not all Section 8 tenants are problematic, there are enough horror stories to keep landlords from considering this program, especially those with personal experience. Landlords, who have pulled out of the system long ago, cite problems getting the tenant’s portion of rent, overzealous inspectors with…

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Author: Alex Delaney In this time of social distancing, vacation plans have been put on hold creating a devastating financial setback for short-term vacation rental owners. There is a lot of concern that the current pandemic situation will not resolve until a vaccine is available, which is currently projected to be a year to a…

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Author: Alex Delaney Landscaping is a major indicator of how long an A or B list property stays on the market. If your rental property looks shabby in comparison with the surrounding properties, a rental prospect will likely go to the house around the corner. But you don’t have to spend a fortune to make…

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Author: Alex Delaney Setting rent can be tricky business. You want to get a good return on your investment, but you won’t be successful if you set a certain rental amount without considering other factors. To get the best return on your investment there are four things you should strive for: Make sure you purchase…

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Author: Alex Delaney The baby boomer generation started at the close of World War II and ended in 1964. The economy thrived through most of their years, allowing them a measure of wealth unheard of in their parents’ generation, which had suffered through the Great Depression. That wealth allowed 45% of them to purchase homes…

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Author: Alex Delaney The time to increase your rent potential is during a vacancy. How? Make sure your property compares favorably with your competitors’ properties. Be aware of what is going on in the area and what the local rental levels are. And most importantly, consider renovations and upgrades to keep your property competitive. Many…

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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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