3 Options Realty, LLC

How can an investor know if the professional property manager they are employing is getting them the best bang for the buck with maintenance services?  In this the last of a 3 part Blog, we will discuss the difference between the use of corporate and non-corporate service companies. Have you ever heard commercials on the radio where a ...

 In shopping for a professional, property management company, a candidate tells you that it sub-contracts for all maintenance services. Is this a good thing? How can you know? We will answer these questions in this second part of a 3 part BLOG. It could be a good thing, if the contractors it hires do good work and do it for a reasonable ...

Do you own real estate that you would like to have professionally managed?  Your selection of a property manager could be the difference between whether your investment succeeds or fails.  There are many tests in the process of choosing a property management company, one of which is its maintenance services policy. There are basically ...

Let’s say you have just received an application from a prospect for your residential rental property.  An important consideration for you is going to be her credit history.  But what weight should this history have compared to other qualifying criteria, and how important should the credit score itself be compared to other ...

If you are a landlord employing the services of a professional property manager, do you know whose name is on the lease?  You should, because it could cost you in court!Many professional property managers have opted to put the owner’s name on the lease, as “landlord” rather than the management company’s name.  ...

Suppose you are going to court to evict a nonpaying tenant.  This should be a no brainer.   But in this case, the tenant has countersued, claiming the house needs repairs.  Watch out! We had a recent case like this.  This was an older house and did need some things done to it.  But the condition of the house was ...

Do you know if your rental agreement is a restatement of the law or does it supplement the law?  It probably does a little of both, and you really ought to know the difference. For example, in Georgia, many leases include a merger clause.  The lease probably does not need the clause as it is clear from statutory law that oral ...

What is the notification waiting period for the landlord to begin dispossessory of a tenant that paid rent with a check that bounced? There are two separate laws that Georgia practitioners must apply to such a case. In Georgia Code § 13-6-15, “Damages for writing bad check”, the payee must notify, in writing, the maker of a ...

                Residential property management is not for the uncommitted.  This is not a part-time gig!  You must either be all-in or just don’t involved.  It will invariably end badly for the uncommitted.     ...

                What do you do to improve your position once you have filed a dispossessory warrant?   Many landlords simply buy time waiting for the court date, or the appointment with the sheriff for the set-out.  This can be an unnecessarily expensive ...