Property Management Insights


Self Managing Your Property

Some of my favorite quick tips if you are planning to manage your own rental property. 

Brighter Homes Rent Faster

Property Management Blog
Brightening up your rental will help get it rented so much quicker. Here are some simple tricks we use to add more light to our rentals.1) If there are blinds on the windows, we will turn the slats upward. This small trick allows natural light to enter the home and bounces off th...

Drive-Bys

Property Management Blog
If you are self managing your rental property, performing periodic drive-bys are important. Two to three times per year, get in your car and drive by the property and simply take a photo of the home from your car. Do not get out and walk around the home.  If the grass is too...

Landlord Tenant Laws (Georgia)

Property Management Blog
Tip #20: It is really risky managing a property without knowing what the laws are that govern tenancy. Every state is different - some are move tenant friendly and structure laws accordingly. When managing your rental, don't assume anything. Make sure you consult the laws and...

Tip #19: Compliance

Property Management Blog
Tip #19: It is critical that your rental home is in compliance with state and local building codes. You are responsible for ensuring your investment property meets health and safety regulations or your tenant may have grounds to break their lease or even worse, sue you. A judge i...

Tip #15 Train your tenants

Property Management Blog
Train your tenants to be great tenants. Great tenants are hard to find so it’s up to you to make sure tenants know the rules and consequences. No matter how small a rule is, include it somewhere in the lease. When your tenant breaks a rule, enact punishment, which should al...

Tip #12 Early Termination

Property Management Blog
Early termination. No one likes a surprise termination by their tenant so to help ease the pain, make sure your lease has an early termination clause that outlines fines the tenant will incur. You can use these fines as a negotiating tool to ensure your property is readied withou...

Tip# 11 Tax Advantages

Property Management Blog
Rental property = tax advantages. Keep track of everything you spend using a separate bank account and credit card. Keep all receipts. At the end of the year, you'll be able to write off interest, depreciation, materials, supplies, travel, insurance, legal and professional se...

Tip #10 You Do the Repair

Property Management Blog
It is not good business practice to allow a tenant to make a needed repair and deduct it from the rent. When asked, thank the tenant but let him know that you want to stay in compliance with the lease and will send a professional. Don't get into the habit of letting your tena...

Tip #8 Stop and Think!

Property Management Blog
Give yourself time to think. Whenever your tenant calls you to ask for a "special favor", such as paying rent late or wanting you to replace the carpet, tell your tenant that you will get back to him within the next day or so. This gives you a chance to think without be...
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