3 Options Realty, LLC

Buying foreclosed homes requires uncommon patience and relentless resolve.  While the outcome could prove amazingly prosperous for you, the process itself can be a highly stressful and emotionally draining experience.   While there are exceptions, and these are very rare, banks generally do not play fair.  They act like the ...

     Thoroughly explore Georgia license law and state regulation as they apply to residential property management. Case study applications and class discussions will broaden each student’s understanding of the law and regulation. Discuss and dispel the myths of law giving you the confidence to operate comfortably within ...

     If you are planning to buy a home built prior to 1978, you ought to have a lead-based paint test done on the property, if the owner cannot produce documentation that it has already been done. In either case, if lead has been detected, either have it remediated at the seller’s expense and certified clean, or ...

Here are 5 basic questions that prospective landlords ought to ask when choosing a professional property manager:1.  How do you handle the maintenance responsibilities?2.  Who will I be dealing with for questions about my property?3.  How much do you charge for a tenant application fee?4.  Do you retain any part of the ...

     No rent comes in this month, so you phone the tenant only to find that the line has been disconnected. The email you had on file bounces. So you physically visit the property. When you arrive, it appears abandoned from the street, so you go up a knock on the door. Nobody comes to the door so you peak in through a window. ...

     A short- sale is a desperation effort to salvage as much of one’s financial life as possible when on the brink of disaster. But it is not a tool to be used by the ill-prepared or weak of heart. Statistics indicate that only about 20% of all short-sale applications are actually approved—most of them wind up in ...

     Nathan phoned me yesterday. He said he wanted me to help him sell his home in a short-sale. The first question I asked was if he was behind on mortgage payments. He said no, he was current. My next question was: “Then why do you want to sell short?”      He told me that his hours at work ...

     Do you self-manage rental property? If you do, do you conduct a criminal background check on applicants?  If you don’t, you probably should. But even if you do conduct one, is it any good?      If you self-manage rental property and you do not do a criminal background check, you are setting ...

     What will you do when you receive a bankruptcy petition notice on one of your tenants, panic?  No need to do so unless the rent is in arrears or if the tenant is pending dispossessory.     If you do receive notice regarding a tenant that is paid up, the bankruptcy filing is probably no worry for ...

     Now that you have collected the security deposit, what can you do with it? Can you spend it? Do you have to keep it on deposit? If so, can you draw interest on the value? And why won’t the professional property manager let you hold the funds?      If you are a natural person, not a business ...