Property Management: A Viable Real Estate Solution

With inventory down and demand up, the most recent news has been favorable for sellers in the Atlanta real estate market. REALTORS® are reporting multiple offers on many properties, while days on the market are decreasing. But what if you’re a seller whose story isn’t having a happy ending after weeks or even months on the market?

When the selling cycle gets long, sellers have a few options at their disposal. After much frustration, and feeling like they have no other choice, many decide to short sell or go into foreclosure. While it’s true that both of these solutions provide relief, the processes can be complicated and the seller runs a risk of negatively impacting their credit rating and their ability to purchase another home in the foreseeable future.

Another more viable solution that many homeowners don’t consider is property management. In all reality, property management can actually be the best and smartest option for seller whose mortgage is underwater, and here is why:

  • Relief From Mortgage – Property management can offer near instant relief from a mortgage obligation
  • Save Your Credit Rating – Property management allows the seller to keep their credit rating intact.
  • Moving Forward – It allows a seller to move into the next home while rates are good and the home they want to move into is still available at a price that fits their budget.
  • Equity Build-up – It allows equity to build up until the home can be sold at market value while somebody else makes the payment.
  • Positive Cash Flow – In most cases, property owners not only have their mortgage payment covered, but also receive positive cash flow each month from their property.
  • Major Tax Advantages – With the significant tax write-offs that a managed property can provide, sellers can actually make money in a property management situation as opposed to losing their home, their equity and their credit rating.
  • Keeping Your Line of Credit Open – Potentially one of the most important advantages to property management is that it keeps your line of credit open for other expenses. This is especially important for the small business owner who may need their credit to run or expand a business.

Seeing a need for high quality property management services in Atlanta is exactly why we started Slyman Property Management. We are confident that you won’t find any company or individual who provides better property management services in Atlanta than we do. We have experience working with different home sizes and price levels. We have an excellent staff and we know the Atlanta home rental market.

There are many things involved in managing property the right way. Our Atlanta property management services include the following activities: First, we will assist you in setting an accurate rental rate. As part of our services, we will help you stage the property, ensuring it looks its best so you can rent it quickly and for the most money possible. Next, we have the resources to market your property on our website and through our network. We’ll take care of the administrative process so you don’t have to including fielding phone calls, screening potential renters, taking applications, completing credit checks and providing and executing lease documents. When it comes to handling necessary repairs, you can rely on our excellent staff to do what it takes to minimize your costs and keep the lease of your home happy. You can count on a “real” person being available 24/7. And perhaps most importantly, we serve as a buffer between you and the lessee so you don’t have to be directly involved.

Call us to talk about property management before you make your final decision. There’s a good chance we can help take that stress off of you. And for investors, we’ll manage your property for you so you can focus on other things. For questions, information or to schedule an appointment to look at your property, call us at 770.405.0100 x222.

 

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Property Management: The solution for a home that is having trouble selling

As we slowly begin to transition from winter to spring, we wanted to re-visit the topic of “property management” a blog topic that is particular important to many metro Atlantans that are having trouble selling their home.

Life can be complicated. Throw into the mix a sluggish economy and a struggling housing market when you need to sell your home and it can seem almost impossible. If this sounds like your life, you’re not alone. As our country desperately tries to recover from the recession and the aftermath of the spiraling housing market, millions of Americans are faced with the stark reality that it is going to take careful planning and thoughtful strategy to find the perfect solution for their real estate and financial needs.

That’s where Paige Slyman can step in. For over 15 years, Paige has been a trendsetter inAtlantareal estate strategy and solutions. As more of his loyal clients are faced with the reality that while they need to sell their home for various reasons, whether it be to downsize, move for career opportunities or the addition of new family members, they might not be able to sell their property for what they originally paid for it in the real estate glory days.

Disgruntled but still hopeful by their situation, many people have turned to Paige to help them solve their real estate dilemma and seek advice that will facilitate both their real estate and financial long term goals. In a majority of the cases, the solution is quite simple actually…Property Management.

Short Term Solution While the Market Recovers

As the real estate industry continues to stabilize itself, thus, leaving thousands of home owners with the option of selling their home at drastically reduce prices or risk leaving the home on the market for extended periods of time, they are turning to property management as a short term solution. This option allows the home owner to keep the home while the market recovers and prices begin to rise again. Allowing someone else to move in and rent your property can provide you with the peace of mind that you are not forfeiting a great deal of money to sell your home in an obvious buyer’s market. It also allows you to have almost if not all of the mortgage paid for each month by the renter. It is a win/win situation for all parties involved.

More Renters…Higher Demand…More Money for You.

While unfortunate, the truth remains that our country is in midst of a housing crisis. Millions of home owners are losing their homes and are now in the flooded rental market. As a result, there is an intense increase in demand for rental property that is causing rental rates to increase, especially in theAtlantaarea. This means that if you opt to utilize a property management strategy rather than selling your home, you stand to bring in more cash each month that you can put towards your mortgage or into savings.

Property Management for Investment Purposes

Because the housing market inAtlantahas an unparalleled amount of foreclosure and short sale homes on the market, it is forcing other home owners wishing to sell their home to lower their prices just to compete. This has sparked a huge trend in investors looking to capitalize on the amazing deals in the metroAtlantaarea. Many investors are buying properties for the sole reason of putting them on the rental market and allowing a renter to pay for the mortgage until the market fully recovers and they can sale the property or properties for a profit.

In closing, it is imperative that you seek counsel with a reputable and knowledgeable real estate professional that is familiar with the trends in the area you are looking to buy, sell or invest in. Paige Slyman is an expert in the metro Atlanta real estate market and able to provide you with solid advice that is backed by industry trends, and years of experience.

Give us a call at 770.405.0100 x 222 or email us at slymanfamily@comcast.net.

 

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Property Management: The solution for a home that is having trouble selling

As we slowly begin to transition from winter to spring, we wanted to re-visit the topic of “property management.” a topic that is particular important to many metro Atlantans that are having trouble selling their home.

Life can be complicated. Throw into the mix a sluggish economy and a struggling housing market when you need to sell your home and it can seem almost impossible. If this sounds like your life, you’re not alone. As our country desperately tries to recover from the recession and the aftermath of the spiraling housing market, millions of Americans are faced with the stark reality that it is going to take careful planning and thoughtful strategy to find the perfect solution for their real estate and financial needs.

That’s where Paige Slyman can step in. For over 15 years, Paige has been a trendsetter inAtlantareal estate strategy and solutions. As more of his loyal clients are faced with the reality that while they need to sell their home for various reasons, whether it be to downsize, move for career opportunities or the addition of new family members, they might not be able to sell their property for what they originally paid for it in the real estate glory days.

Disgruntled but still hopeful by their situation, many people have turned to Paige to help them solve their real estate dilemma and seek advice that will facilitate both their real estate and financial long term goals. In a majority of the cases, the solution is quite simple actually…Property Management.

Short Term Solution While the Market Recovers

As the real estate industry continues to stabilize itself, thus, leaving thousands of home owners with the option of selling their home at drastically reduce prices or risk leaving the home on the market for extended periods of time, they are turning to property management as a short term solution. This option allows the home owner to keep the home while the market recovers and prices begin to rise again. Allowing someone else to move in and rent your property can provide you with the peace of mind that you are not forfeiting a great deal of money to sell your home in an obvious buyer’s market. It also allows you to have almost if not all of the mortgage paid for each month by the renter. It is a win/win situation for all parties involved.

More Renters…Higher Demand…More Money for You.

While unfortunate, the truth remains that our country is in midst of a housing crisis. Millions of home owners are losing their homes and are now in the flooded rental market. As a result, there is an intense increase in demand for rental property that is causing rental rates to increase, especially in theAtlantaarea. This means that if you opt to utilize a property management strategy rather than selling your home, you stand to bring in more cash each month that you can put towards your mortgage or into savings.

Property Management for Investment Purposes

Because the housing market inAtlantahas an unparalleled amount of foreclosure and short sale homes on the market, it is forcing other home owners wishing to sell their home to lower their prices just to compete. This has sparked a huge trend in investors looking to capitalize on the amazing deals in the metroAtlantaarea. Many investors are buying properties for the sole reason of putting them on the rental market and allowing a renter to pay for the mortgage until the market fully recovers and they can sale the property or properties for a profit.

In closing, it is imperative that you seek counsel with a reputable and knowledgeable real estate professional that is familiar with the trends in the area you are looking to buy, sell or invest in. Paige Slyman is an expert in the metro Atlanta real estate market and able to provide you with solid advice that is backed by industry trends, and years of experience.

Give us a call at 770.405.0100 x 222 or email us at slymanfamily@comcast.net.

 

Read more

Property Management: The solution for a home that is having trouble selling

As we slowly begin to transition from winter to spring, we wanted to re-visit the topic of “property management.” a topic that is particular important to many metro Atlantans that are having trouble selling their home. 

Life can be complicated. Throw into the mix a sluggish economy and a struggling housing market when you need to sell your home and it can seem almost impossible. If this sounds like your life, you’re not alone. As our country desperately tries to recover from the recession and the aftermath of the spiraling housing market, millions of Americans are faced with the stark reality that it is going to take careful planning and thoughtful strategy to find the perfect solution for their real estate and financial needs.

That’s where Paige Slyman can step in. For over 15 years, Paige has been a trendsetter inAtlantareal estate strategy and solutions. As more of his loyal clients are faced with the reality that while they need to sell their home for various reasons, whether it be to downsize, move for career opportunities or the addition of new family members, they might not be able to sell their property for what they originally paid for it in the real estate glory days.

Disgruntled but still hopeful by their situation, many people have turned to Paige to help them solve their real estate dilemma and seek advice that will facilitate both their real estate and financial long term goals. In a majority of the cases, the solution is quite simple actually…Property Management.

Short Term Solution While the Market Recovers

As the real estate industry continues to stabilize itself, thus, leaving thousands of home owners with the option of selling their home at drastically reduce prices or risk leaving the home on the market for extended periods of time, they are turning to property management as a short term solution. This option allows the home owner to keep the home while the market recovers and prices begin to rise again. Allowing someone else to move in and rent your property can provide you with the peace of mind that you are not forfeiting a great deal of money to sell your home in an obvious buyer’s market. It also allows you to have almost if not all of the mortgage paid for each month by the renter. It is a win/win situation for all parties involved.

More Renters…Higher Demand…More Money for You.

While unfortunate, the truth remains that our country is in midst of a housing crisis. Millions of home owners are losing their homes and are now in the flooded rental market. As a result, there is an intense increase in demand for rental property that is causing rental rates to increase, especially in theAtlantaarea. This means that if you opt to utilize a property management strategy rather than selling your home, you stand to bring in more cash each month that you can put towards your mortgage or into savings.

Property Management for Investment Purposes

Because the housing market inAtlantahas an unparalleled amount of foreclosure and short sale homes on the market, it is forcing other home owners wishing to sell their home to lower their prices just to compete. This has sparked a huge trend in investors looking to capitalize on the amazing deals in the metroAtlantaarea. Many investors are buying properties for the sole reason of putting them on the rental market and allowing a renter to pay for the mortgage until the market fully recovers and they can sale the property or properties for a profit.

In closing, it is imperative that you seek counsel with a reputable and knowledgeable real estate professional that is familiar with the trends in the area you are looking to buy, sell or invest in. Paige Slyman is an expert in the metro Atlanta real estate market and able to provide you with solid advice that is backed by industry trends, and years of experience.  

Give us a call at 770.405.0100 x 222 or email us at slymanfamily@comcast.net.

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Metro Atlanta Demand for Home Rentals Skyrocket, Leads to Increased Opportunities for Real Estate Investors

As the real estate market in Metro Atlanta finds its new identity from the aftermath of the market crash during the first decade of this century, one thing is for certain, anyone having a tough time selling their home or looking to re-build their wealth and profit in an unstable economy should consider investing in real estate for the purpose of property management. In fact, with it becoming increasingly harder for home buyers to get approved on mortgage loans, more and more metro Atlanta families are being force to rent rather than purchase. The result is an increased rental market rate, which in turn, means more money and less competition for property owners with real estate on the rental market.

Property management has become a viable and often times very lucrative option to spending an extensive amount of time attempting to sell with no success.

Paige Slyman has been counseling real estate investors with the purpose of property management for the better part of 20 years. Once he helps his clients find the perfect rental property, Paige also offers his clients first class property management services. Blending his extensive knowledge and expertise of rental rates in and around all of metro Atlanta, costs associated with property management and what his client’s actual mortgage will be each month, Paige has helped hundreds of clients find a home that will not only allow them to profit each month, but eventually profit when ready to sell.

In closing, as the metro Atlanta real estate market works to re-build its housing market, property management is the answer for many investors and home owners struggling to sell their home. Paige Slyman is in expert in advising his clients in the property management process as well as investing in real estate for the same reason. Call him today to determine if property management is the right solution for you and your family.

Contact Paige Slyman for all of your real estate needs at 770.405.0100 x 222 or email us at slymanfamily@comcast.net.

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Georgia Property Management 101 / Part 3

Let’s face it. Real Estate has always been a competitive business. As a REALTOR® it is difficult not to keep your cards (in your case your clients) close to your chest. Most of us do this by proving professional and personalized service. If you are faced with a home that will not sell for whatever reason, it is difficult to consider turning a client over to a property management company for fear you may potentially be losing a client and a listing. As a reputable business person, you want to act in a manner that is in the best interest of your client.

At Slyman Real Estate, through our property management division, we can help you do just that. In brief, we help you help your client. By providing first-class property management services and positive rental experiences for the clients you refer to us, we actually offer you a way to retain and even strengthen your relationship with your client. By enabling your client to move forward with their real estate plans, you become a solutions provider in the eyes of that client. When the market improves or the client is able to sell at a price that meets their financial goals, your services will be called upon again. In many cases, renters will become buyers and owners will become sellers. And with that, you will be in a good position to serve them.

Our extensive property management services lift the burden of securing a tenant and managing the property off the shoulders of the property owner. Slyman Real Estate’s property management division offers a completely comprehensive and personalized property management service that will cater to both you and your tenants needs.

We offer the following solutions:

-We help secure and screen tenants. Once you submit your property’s portfolio to Slyman Real Estate, we will use our expertise to find tenants quickly.

-We have extensive experience in handling the business and maintenance duties for the property owner.

-We offer a comfortable buffer zone between the owner and renter.

– Slyman Real Estate Property management services include payment collection and financial reporting. You will not have to deal with the tenants directly, when it comes to getting monthly payment. This will be done for you and you will be sent a complete report on the payment collection. Simply put, you can focus on your business, while you automatically receive your dividends from investing in real estate.

-Our professionals will respond to complaints from tenants and will fix the problems in a timely manner.

– Slyman Real Estate will handle disputes, evictions and even court hearings, if necessary. It is extremely beneficial to use the services of someone with legal knowledge in real estate. In this way, all disputes and evictions will be settled timely with minimal or no losses for you.

-We have an extensive list of reputable service vendors that have a proven track record and quality work. When your property needs a repair, we guarantee that the work we provide will be quality work, done in a timely manner and at a fair price.

We pride ourselves on providing excellent customer service and we have references to back it up. You can trust we’ll take good care of your clients. The only thing you will have to do when using Slyman Real Estate’s property management services is to sign the lease agreement. All the rest is taken care of by our professionals.

Give us a call at 770.405.0100 x 222 to find out why we are fast becoming the favorite Atlanta property management company or email us at slymanfamily@comcast.net.

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