Landlord Resources
Although hiring a property management company has many advantages, using one does add expenses to your net monthly rent income. Expect to hear quotes ranging between 5% and 10% of what you collect in rent revenue. And, even apart from the cost, relying on a property management company is not for everyone. If you're able to manage things yourself you may want to keep doing so. Consider the following factors to determine if hiring a property management company would be a good decision for your business.
You should consider hiring a property management company if:
► You have lots of properties or rental units.
► You don't live near your rental property.
► You're not interested in hands-on management.
► Your time is limited.
► You can afford the cost.
► You're suddenly inundated with management tasks.
► You don't want to be an employer.
► Your property is part of an affordable housing program.
There are many federal and state laws that impact Landlords and Tenants. Below are several website links with valuable information for the Homeowner/Landlord.
Georgia Landlord Tenant Handbook
Summary of Georgia Landlord Tenant Laws
Federal Fair Credit Reporting Act
Americans with Disabilities Act
Megan's Law (Sex Offender Act of 1994)
Service Members Civil Relief Act (SCRA)
U.S. Department of Housing and Urban Development
