You can prefer one of our licensed agents as your property manager or let the company handle it.  Guaranteed, we will provide superior service.  Some of our services include: 

• Quality Management for your rental property (Licensed Real Estate Agents)
• Tenant Screening: Credit Check, Eviction Search, Criminal Search, and Income verification
• Tenant Placement Services (We will find the tenant, place them, and you handle the rest.) We offer unlimited advice and free property management forms.
• Excellent Rental Advertising Resources (Internet, newsprint ads, email, etc.)
• Experienced, Licensed and Insured Maintenance Staff
• Password-protected access to our website that provides your property rental information, reports, activities
• Quarterly home inspections are given to insure tenants maintain property
• 24-hour emergency contact person for tenants, in the event of an emergency affecting the property
• Prepared expense reports of all income received and expense disbursement on each property
• Free quarterly TENANT newsletter mailed or emailed to your tenant
• Assistance in listing your home in the Housing Choice / Section 8 Program

 

 

QUESTIONS AND ANSWERS

Q. How can I evaluate the “real” cost of property management?
A. Unquestionably, the largest expenses associated with property management is a result of vacancy rate and quality of tenant performance. Only by comparing the resources and services that address these concerns will one come to an understanding of the cost that may result from choosing one property management company over another. We invite you to consider the following:

The great majority (70%) of perspective tenants now use the web to find a new home. Every management company recognizes this fact, so all have web sites to compete for market share of perspective tenants. It is also important to know that people choose "organic" search results over "paid" placement advertising. Search on the primary key phrases that tenants use to locate homes for rent.

Q. How much do property management services cost?  
A. The minimum management fee is $85 per month or nine percent (9%) of the rental amount, whichever is greater.  In addition to the monthly management fee, an owner should expect $350 total costs per each new tenancy for advertising, lease-up referral commissions, photo tours, and move-out and move-in home inspections. Use of the Multiple Listing Service (MLS) is free and costs from $100 to three percent of the gross lease amount for a "success" commission that is charged only after a tenancy is executed.

Q. What are the current market conditions for renting a house?
A. The Greater Atlanta economy is strong, people are moving in record numbers to most all of the there has been strong appreciation of property values, and most economists predict continued strong growth in population. With the dollar weak on the international exchange rate, foreign investors see value in buying U.S. real estate. However, this good news must be tempered because investors are purchasing single family homes in record numbers and flooding the market with rental properties. As a result, occupancy rates and rental incomes have declined over the past two years. More than ever before, aggressive marketing and a knowledge of the rental demographics for each specific area of the Atlanta area is necessary to minimize vacancy.

Q. How long will it take to rent my house?
A. There are multiple factors that have to be taken into consideration to answer this question. Here are some general guidelines, however, keep in mind that amenities, pricing, and location are important factors in predicting success. It is important to know that the time required to rent a property is region specific with some areas renting relatively quick and others continuing to be a challenge. Several management companies are now advertising "no Deposit", "bad credit OK", lease option with no qualifying", "no rent payment for 30 days", etc. We believe that renting to an unqualified tenant is nearly always a big mistake and that you may pay dearly for that mistake in the very near future. We encourage high qualifying standards for tenants with the price set to rent the property within 30 days. Because of the uniqueness of each home, we will work up a rental market analysis for you at no charge.

Q. If I place my home in property management, how much control do I have in making management decisions.  
A. As much or as little as you want. Take for example maintenance decisions. Most owners place about $150 in a maintenance trust to be used in case of minor repairs. They don’t want to be notified every time a faucet leaks. However, if there is a more expensive repair, they do want to be contacted and involved in evaluating the bids and choosing the vendor. We will work out an understanding with you about the degree to which you want to be involved in tenant selection, maintenance and repair issues, setting rental rates, etc.