Atlanta,
GA rental vacancy rates are the lowest in decades.
Low vacancy rates combined with a high demand for Atlanta rental homes, are the driver behind inflated rental rates. If you are considering renting
your home, you have a great opportunity to invest in Atlanta real estate as an Atlanta landlord. Selecting the best and most reliable property management
company in Atlanta is not an easy task. Property Management requires commitment, dedication, time and intensive research to acquire great results.
In order for you to choose for a reliable property management company in Atlanta, it is imperative that you are aware and familiar with the effective
and proven tips that will help you in your in choosing an Atlanta property manager.
Select a property management company that is well-informed of rental local market- One of the important things to bear in mind is to make sure that your chosen property management company is well-informed about the local market that they specialize in real estate rental homes. Is property management their side business or is it there ONLY business? Visit their office, meet the entire team and get a feel for the company dynamic. Choosing a property management company based simply on who offers the lowest fees may cost you more on the backend. Hidden fees, surcharges and a la carte services. Undercutting competition to gain your business, can also lower the ceiling of customer service. What good are low fees if they do a poor job? Effective property management is people management. Relationship management. If your tenant is serviced effectively, you will have shorter vacancy times, lower tenant turnover rates and very often, increased rental rates. In addition to this, your chosen property management company can be your cornerstone in a viable Atlanta Real Estate Rental market.
- Set a meeting with your property management manager and create a game plan- Schedule a time to meet the property management TEAM and get a feel for the company dynamic. Sit down in their office to discuss your needs and outline a game plan. As a property owner, perhaps first time landlord, choosing a reliable and choosing the best property management can seem overwhelming. Across the market, property management companies have similar features and objectives. Market your home + secure a tenant +collect a rent payment but there are significant differences between companies. It is the policies/procedures and communication that determine the success and value of your property management company. Platinum Property Management stands out as the best because of our attributes, our policies and our procedures. Our strict screening process strives for Quality tenants. Not just "a tenant".
- Select a property management manager that provides excellent customer service- When it comes in choosing the best and most reliable Property Management Company, consider the total number of homes managed and the number of homes managed per property manager. If there is a focused goal on customer service the average may be 30-40 homes per manager. Low front end fees to gain your business are often offset by overloading property managers with 200-300+ homes per manager. Overloading property managers to offset low front end fees can also attribute to high employee turnover rate. Choosing a well-trained and fully skilled property management company with a focused goal on exceptional customer service will help ensure a successful tenancy to streamline your ROI.
- Hire a property management company that is expert in accounting- It is a fact that accounting for expenses and revenues requires time and great skill. Your tenant should be provided with a seamless process in which to pay rent. The ability to pay online, will provide a no hassle and convenient transaction to collect rental payments, process and directly deposit those funds into your checking account. Providing annual statements for tax, detailed documentation of expenses, rent receipts as well as monthly cash flow statements with itemized list of income and expenses are just a few of the accounting services provided by a property management company that is an expert in accounting.
Some of the effective and proven tips in choosing a reliable property management company in Atlanta that are stated above will serve as your guide and key in attaining your property management success.