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 Here are a few items that need to be cared for when managing a property.
-Advertising -Showing the House -Showing the House -Showing the House -Showing the House (I think you get the picture!) -Running Credit / Criminal Reports -Verifying Employment -Verifying past rental history -Writing a lease -Doing an inspection before the tenant moves in -Setting up repairs that need to be completed -Re-keying the house -Lease Signing -Collection of, and holding security deposit money in a Trust Account -Being available to the tenant 24/7 for emergencies -Having a list of reliable vendors to handle repairs when needed -Do a move out inspections -Process a Security Deposit Refund (Are you thinking you need a Property Manager yet?) What if the tenant doesn't pay the rent ?!?!?! -Issue a 3 day pay or quit letter -File a dispossessory warrant in court -Appear for a court hearing (make sure you have your paperwork in order!) -File for a Writ of Possession -Schedule with the police department a date and time to do an eviction -Have a 4 person crew on hand for the eviction (A Property Management Company is sounding good about now) Ohhh, and don't forget about your needs! -Record keeping of all the tenants calls and needs (just in case you have to go to court) -Keep copies of all receipts so you are prepared for filing your taxes -Prepare a 1009 form for the income you received for your rental -Have some type of report showing your expenses and income for the year -And when the next year rolls around, and its time to re-rent the property, YOU GET TO START ALL OVER AGAIN! Wouldn't it be better to just let our Property Management Company handle all of this for you? Providence Home Properties 678-586-5122 www.ProvidenceHomeProperties.com  The rental market is moving fast right now. If you have been thinking about listing your home for rent, now is the time to do it. Were ready to assist you with all your Property Management needs! 678-586-5122 
article from BuzzFeed This is a great idea for hiding the grates for the air return. Sometimes they are just in an awful place. Using a rubber mat over it definatley improves on its appearance!
http://www.georgiamls.com/agentsite/index.cfm?SiteID=PHPJ01
 Handing Tenants Emergency Calls.
This is a major reason that people decide to hire a professional property manager in the first place. Most investors and/or home owners don’t want to be on call 24-7, to handle all the maintenance and emergency requests that come in. Especially in the middle of the night, or when you are on vacation with your family. Property managers take care of ALL calls from your tenants, allowing you to spend your time doing the things that make you successful, and doing the things you love.  Rent collection.
As a rental property owner, you have a lot of expenses and you absolutely depend on the rent to be paid on time and in full. When a tenant is late with their rental payment, you have to be right on top of the situation. Many landlords just simply don’t know what to do. A professional can be strict, knows when and how to serve the proper notices, and will insist on late fees. They can document all communications and build a case against the tenant should the situation escalate to an unlawful detainer suit.  Landlords and tenants are "opposing parties" in a legal contract. It is often helpful to have a third party to interface between the parties to ensure that requests, questions, and concerns are addressed in a professional manner and per the terms of the lease. If you find yourself going to court, you will be expected to understand any landlord/tenant laws that applies to your case. Keep in mind, any activity by you that might be construed by your tenant as illegal, threatening, humiliating, abusive or invasive of his/her privacy can potentially be an issue to drag you into court.
 Property Managers Will Save You Lots of Time and Headaches.
How much time does it take to be your own landlord? Could you be making better use of your time? It can be a full-time job to track rent payments, collect late fees, deal with complaints and repairs, prep the property for new tenants, find vendors, and deal with bad tenants. It may also become a constant source of stress. Relinquishing these ongoing responsibilities to a good property manager can allow you to benefit from your investment without sacrificing your time and health. If you break it down, the typical property management cost per day is around $2-$5 a day. Can you possible do all these things for less than $5 per day? How much is your time really worth? The value of your time definitely exceeds the cost of hiring a competent property manager.  Use a regular egg dye kit. Add your color tab, vinegar, and hot water to a cup. Now place one teaspoon of margarine in the cup and let it melt. Now when you dip your eggs in , you will get a nice swirl effect!  This is a great idea for helping kids color their easter eggs. Insert an egg in a whisk, then let the kids dunk to their hears content! Now there is no worry about eggs dropping off of the egg dipper or a spoon.  Even the cracked easter eggs can be masterpieces. Take a knife and tap different areas all over the egg. Then put the egg in the dye. When you have the color you want, take the egg out and let it dry for a few minutes. When you peel it, you should end up with a great marble effect.
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Julianne LairdHello! Archives
September 2015
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Providence Home Properties LLC P.O. Box 3589 Peachtree City, GA 30269 |
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Office # (678) 586-5122 Fax # (678) 604-8580 |
