Category Archives for "Atlanta property manager"

Emory Area/DruidHills – Home for Rent

Lease a Classic 3 Bedroom/2 Bath Older Home located in Druid Hills Historic District within walking distance to Emory University.

Features include a spacious Living Room with Fireplace and built-in Bookshelves, large formal Dining Room, cozy Den with French Doors to covered patio; Custom Kitchen with glass-front cabinets, ample pot drawers, stainless steel appliances, pull-out Pantry and Granite Counters.

The property has a main floor Bedroom and Full Bath.  The upper level addition includes a Master Bedroom with Sitting Area and French Doors to Deck, Master Bath with Double Sinks, separate Tub and Shower, Walk-in Closet plus additional Bedroom/Office and Full Bath with Washer/Dryer.

Other features include Hardwood Floors throughout,  High Ceilings, Screened Porch, Large Lot, Patio, Offstreet Parking with easy turnaround for 2-3 cars.​

Contact Atlanta Decatur Homes for availability and further details.​

Invest in the Emory Area Property Market

Investor contemplating Emory home purchase

There are many reasons why investing in property near Emory University is a great idea!  Here are a few that might encourage buyers to consider buying an investment home in one of the vibrant neighborhoods near Emory University:

  • ​Atlanta is in the Sunbelt!
  • Atlanta and the Emory Area has had positive Job Growth!
  • Our local Emory economy is strong!
  • The area has enjoyed a strong, steady increase in Property Appreciation!
  • It is close to shopping and restaurants!

Perhaps one of  the most compelling reasons to purchase an Investment property in the Emory area is the availability of qualified prospective renters.

According to the Emory University website, as of September 2015, some 7,800 undergraduates and approximately 6,900 Graduate students and professors expected to move into single family homes, condos,apartments and student housing in the surrounding area.  Altogether, Emory University has 13,000 faculty members who needs homes as well.

The Emory Healthcare ​facility on Clifton Road employs approximately 16,000 doctors and medical staff, as listed on their website, and is one of the largest employers in DeKalb County.

The Center for Disease Control,​ also located on Clifton Road, has about 1500 local employees who also need local housing.

It is evident that  the area has a high annual influx of students, professors and medical personnel, which supports the benefits of investing in residential Emory area property where a large number of qualified prospective renters are available.

Invest in the Emory Area Property Market

Investor contemplating Emory home purchase

There are many reasons why investing in property near Emory University is a great idea!  Here are a few that might encourage buyers to consider buying an investment home in one of the vibrant neighborhoods near Emory University:

  • ​Atlanta is in the Sunbelt!
  • Atlanta and the Emory Area has had positive Job Growth!
  • Our local Emory economy is strong!
  • The area has enjoyed a strong, steady increase in Property Appreciation!
  • It is close to shopping and restaurants!

Perhaps one of  the most compelling reasons to purchase an Investment property in the Emory area is the availability of qualified prospective renters.

According to the Emory University website, as of September 2015, some 7,800 undergraduates and approximately 6,900 Graduate students and professors expected to move into single family homes, condos,apartments and student housing in the surrounding area.  Altogether, Emory University has 13,000 faculty members who needs homes as well.

The Emory Healthcare ​facility on Clifton Road employs approximately 16,000 doctors and medical staff, as listed on their website, and is one of the largest employers in DeKalb County.

The Center for Disease Control,​ also located on Clifton Road, has about 1500 local employees who also need local housing.

It is evident that  the area has a high annual influx of students, professors and medical personnel, which supports the benefits of investing in residential Emory area property where a large number of qualified prospective renters are available.

Atlanta Property Manager Could Help you Sleep!

Home with keys representing Atlanta Property Manager

Why hire a property manager for your Atlanta investment home or Decatur home?

​Many investors successfully manage their own Atlanta property and the expense of a property manager seems unnecessary.  A professional property manager can perform many functions you may not have considered.,

  • They can advertise and promote your property.  When your property is vacant, obtaining a qualilfied tenant quickly is important.  Property managers can advertise your investment property on numerous websites and with local Realtors.
  • They can vet your prospective tenants.  Property managers use reliable screening methods that assure your tenants pass credit, background and eviction checks, and require employment and former residence references as well.
  • They can inspect your property and make recommendations for repairs.  A responsible property manager can arrange regular inspections, prepare the property for new tenants, perform Move In/Move-Out inspections, and can set up regular HVAC checks for Fall and Spring.
  • They can prepare a comprehensive Lease.  In Georgia, most property managers use the Georgia Association of Realtors Lease (GAR), which is updated and reviewed frequently by a panel of attorneys.
  • They can provide Monthly and Year-End Reports.  Most professional property managers provide Monthly Reports outlining expenses and rent income, as well as Year-end Reports and forms for tax purposes.
  • They can answer those midnight calls so you can sleep!  Perhaps one unappreciated function of a good property manager is handling the tenant calls for repairs - no matter the time.

Managing Residential Property Near Emory University

Green knitted house with red roof sitting on a log

You may need a little assistance in managing your Emory area investment home or Decatur property – particularly if  you have moved away from the Atlanta area.

Some investors and owners do successfully manage their own properties.  An experienced Decatur property manager, however, can save you many headaches, like those calls in the middle of the night to syfon water out of a flooded basement or an alarm going off that your tenant can’t locate.  Tenants have called me recently for both of these issues and they need to be handled quickly.

Managing property for other people requires special skills:

  • A very thick skin helps -a property manager acts as a Mediator between the Owner and the Tenant
  • Organization is essential – must be able to set priorities and use follow-up systems
  • Good accounting systems and payment systems
  • A Dedicated Trust Account – regularly balanced
  •  The ability to check credit, background and references
  • Preparation of Leases, Amendments, Move In/Move Our Agreements
  • Great Handymen, Painters, Electricians, etc. – know who to call

A good Property Manager can:

  • Make sure the Heating and Air Conditioning are regularly serviced
  • Make regular inspections of your property
  • Arrange to have a leak repaired or a garbage disposal installed
  • Supervise repairs that often need to be done when a tenant moves out and another moves in
  • Keep you informed of conditions that affect your property

If you are managing your own property or  inherited a home you would like to lease in the Decatur or Emory area, consider hiring a professional Property Manager.

Landlord Responsibilities for Decatur Owners

Orange For Rent Sign with White Letters representing Emory property management services

 

According to Georgia and Federal Law, if you own investment property near Emory University or in Decatur, certain responsibilities fall on your shoulders.

As long as you are not involved in a federal government housing program which have additional requirements,  here are some concerns you should consider:

  • You are required to inform your Decatur renters of the presence of lead based paint on your property.  Lead based paint was banned in 1978 so any newer home is unlikely to contain lead paint.
  • Fair Housing laws also require that you  avoid  discrimination of any kind in leasing your property – – race. color, national origin, religion, sex, familial status or disability.
  • You should be aware that Military service personnel are allowed to break their lease if they are deployed.

Many townhome and condo communities in Dekalb County control how many units are allowed to be leased, and in some cases restrict all property owners from leasing their property if it is not owner occupied.  Local housing authorities may also have restrictions that could affect your rental property.  For example, they could restrict  how many unrelated adults may occupy a property, etc.

Local laws  require you to maintain your property in so that it is safe and habitable. Keeping yourDecatur property and the grounds in good repair is important to protect your investment.   This is what your tenants expect as well.

Screen your prospective tenants carefully by requiring credit, background and criminal checks.  Checking references and employment is also critical.  Once your tenants have occupied the property, they have the right to use, occupy and enjoy the premises in accordance with the terms of the Lease.  Except in case of emergency, this means you can’t just pop by without giving appropriate notice to your tenant.

Check with your local housing office or zoning office if you have specific questions.