How Much Should I Charge in Rent for my Atlanta Property?

Choosing the right rental price for your Atlanta rental property can be complicated.

You don’t want to underprice your home, because that will mean less monthly rental income for you. When you start with a price that’s below market, it will attract tenants quickly, but it will also be more difficult to increase rent in the future.

You don’t want to charge too much, either. If you do, you’ll have a hard time renting it quickly to good tenants. A longer vacancy period is a lot more expensive than a lower rental price.

Properly pricing your Atlanta investment home requires a deep knowledge of the local market, and a willingness to be flexible. There are a few things you can do to ensure you’re pricing your home correctly to attract the best tenants to your property. Read more

Finding the Best Tenants for Your Atlanta Property

A successful rental experience for Atlanta landlords and property owners starts with excellent tenant selection.

With the right tenant, you get predictability and profit; you’ll bring in reliable rental income each month, your property will grow in value, and your ROI will steadily increase throughout the tenancy. A bad tenant, however, will only cost you time and money. Bad tenants bring risks, including the risk that they won’t pay rent. Bad tenants can also cause property damage or lead you towards evictions, which are expensive and time-consuming.

No one can predict with 100 percent accuracy how a tenant will perform. However, you can protect yourself and your property with a smart tenant placement process. Tenant screening is critical, and it starts long before the application is turned in.

Take your time and put in the work that’s required to find the best tenant. If you are struggling with time or resources, hand the process over to a professional property manager. Property managers can immediately identify the red flags that would make an applicant questionable.

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