According to Bankrate, almost 67,000 people moved to Atlanta between April 2022 and April 2023. This growth means that there's a lot of potential in Atlanta's real estate market.
Owning rental properties here could be very lucrative, but you need to be able to manage them effectively. Hiring a property management company can make things much easier. They have the skill and expertise to manage your properties on your behalf.
In this guide, we'll look at some of the key services that property management companies provide so you can determine if it's the right route for you to take.
Let's dive in.
Property Marketing
Marketing your properties is a crucial first step. You need to create engaging listings that will attract the attention of renters in the area.
A local property manager is ideal for this. They understand what renters look for, and stay up to date with local trends, allowing them to present your properties in the best light. They can also ensure all of your listings have high-quality photographs that will catch the eye of renters as they look through various listings.
Tenant Screening
While attracting tenants is ideal, not all of them will be suitable. You may have applicants who have a history of property damage, unpaid rent, criminal activity, and more. Tenant screening can help identify this so you can go with tenants who don't have any such red flags.
A property manager can conduct a thorough screening process on any applicants. This is crucial for long-term success in the real estate business.
Lease Negotiation
Leases can be complicated, but they're incredibly important so they're not something to skim over. You want to make sure your lease agreements protect your interests while also being suitable for your tenants.
A property manager has the experience and knowledge to draft lease agreements that cover everything that should be included. They'll help ensure there's no ambiguity to them as confusion about lease terms can cause various issues in the long run.
Property Maintenance
Keeping your properties well-maintained is one of the most important things for you to do as a landlord. It will help them hold their value and prevent them from falling into a state of disrepair.
If a rental property starts to degrade, you won't be able to make as much money from it. Your tenants will also become dissatisfied, making them less likely to want to renew their leases. As such, you'll spend more time with vacant properties that won't be bringing in any money.
A property management company can organize any maintenance or repair work that's needed, ensuring your properties are always in their best state.
Professional Property Management Services in San Jose
A reliable property management company can be hugely beneficial for any real estate investor. They can take on tasks like marketing, maintenance, rent collection, accounting, and more.
Rent Appeal is a professional property management company based in Atlanta. We offer a full range of services and have been in operation for over a decade. Check out our property management page for more information on the services we offer.
