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 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 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 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 Many people appreciate neighborhoods with HOAs as they maintain a certain level of aesthetics. HOAs have rules to maintain property values and community interests. This can be a good thing. Association officers often check for compliance and send notices when rules are not being followed, giving you, the landlord, another eye on…

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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 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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