Author Archive
Learn How to Avoid the Tenant From Hell at EPIC
Posted on January 27, 2015 by
Come join us at the Peachtree City EPIC Group on Tuesday, January 27th at 6:30PM at Green Ginger Asian Fusion Restaurant located at 200 Market Place Connector in Peachtree City, GA where Trent Ratliff will be teaching you how to avoid the tenant from hell and how to better screen your tenants before you rent your property to them.
About Trent Ratliff:
- Senior Property Manager
- RMP Designation (Residential Management Professional)
- Atlanta NARPM Board of Directors
- Atlanta Property Management market for the past 7 years
- Manages over 500 single family homes
- Graduated from the University of Georgia with a Real Estate Finance Degree.
After the conclusion of the Atlanta REIA EPIC Meeting (after 9:00 PM), we will be hanging out at the Green Ginger Restaurant for Late Nite Networking also known as the “Meeting After the Meeting”. So please come eat, drink, network and have fun with like-minded investors and real estate professionals as we hang out late into the night!
The EPIC Group, which stands for “Education, Properties, Income and Community”, is a Peachtree City Real Estate Investing Group that is all about buy and hold real estate investing, long term income and building your net worth. The meeting takes place at the Green Ginger Asian Fusion Restaurant located at 200 Market Place Connector in Peachtree City, GA. The host for this event is Donna Littleton, Broker & CEO of Solutions Realty Network, and her husband Chris Littleton. There is no charge for Atlanta REIA Members and currently no charge for non-members as well.
Structuring Your Business for Success!
Posted on January 1, 2013 byOne of the first things to consider when you are starting your real estate business is how you are going structure your business or businesses. I probably would say in most cases the word businesses! Over the years of dealing with my business, working with clients and the people whom I do business with, I have learned a great deal regarding the ways of structuring entities for success. I have seen the affect of poor planning which include increased risk, personal liability, and a servicing and filing nightmare at great cost. The one thing I would like to make clear is that this is business advice and not legal or tax advice. When you start your business you should consult with a CPA, attorney and others investors or business owners that operate the type of business you are setting up. A good mentor can be worth their weight in gold as you start real estate business and structure it for success.
The five basic entities for business are: Sole Proprietorship, General Partnership, Limited Partnership, Corporation and Limited Liability Company. Choosing the entity usually depends on issues and concerns with people, place and things. Read More→
The Property Management Bucket List
Posted on November 1, 2012 byWhenever I am out and about talking about real estate investing or teaching on property management, someone always asks the age old question. What does it take to be a good property manager? There are four distinctive skill sets required to manage property effectively that I call the four buckets of property management. Each one of these buckets requires very different personality traits and proficiency. A property manager or management company must have the “right people, in the right seat on the bus” to insure your success as a real estate investor. Property Managers use two basic business models. One is “Departmental Management” where you have a team approach and different members handle the different aspects of the management. The other is “Portfolio Management” where one person is assigned a portfolio of properties and manages all aspects from start to finish. There are advantages & disadvantages to both models. Let’s take a look at the four buckets I referred to and you decide which model better suites your needs. Read More→
Foreclosure Tours: A Fun, Informative and a Fast Track to Invest!
Posted on September 5, 2012 byGet on the Bus with Us on Sept 29th & 30th!
We are living in a rare moment in history. Housing can be purchased for less than the cost to build, interest rates are at an all-time low, and the pool of qualified renters is an all-time high. Now is the time to GET ON THE BUS and take advantage of this once in a lifetime opportunity!
Whether you are a seasoned investor, just getting started, or just need to find out what all the talk is about, a great option is to participate in a Property Foreclosure Tour. These tours are showing up in every major market across the nation in many shapes and sizes. When booking a tour you should consider some of the following things:
- Who will the providers be representing on the tour, you or the seller?
- What market areas will they be covering?
- What types of properties will you see?
- What types of service and expertise will be offered?
- What type of education and information will be provided?
2 Day Foreclosure Tour on September 29th & 30th, 2012
Posted on August 30, 2012 bySaturday, Sept 29th & Sunday, Sept 30th
At the SRN Academy Training Facility, Tyrone GA.
The SRN Academy has openings for New Real Estate Investor Clients!
Are you investing in Real Estate? If not, do you think that it is:
- Too Expensive?
- Too Risky?
- Too Time Consuming?
If you could easily purchase single family rental homes with:
- Excellent Returns and Cash Flow
- Rehab & Tenant Placement for Your Property
- Expert Property Management in Place
- All Within a 30 to 60 Day Window
Would you be willing to invest 2 days learning to identify & acquire these properties with one of the most successful Asset Management Firms in Atlanta?
The Agenda:
Friday 4:00pm – 5:00pm Meet & Greet the Team (Optional)
Saturday 8:00am – 10:00am Training
Saturday 10:00am – 11:00am Property Briefing
Saturday 11:00am – 5:30pm Property Tour
Sunday 9:00am – 4:00pm Property Tour & View Property Under Rehab & Rent Ready
(Half & Full Day Individual Appointments Also Available)
Commercial Outlook for Managing & Investing – Cash Flow Cow or Commercial Crunch?
Posted on July 30, 2012 byLandlords and Property Managers come in all shapes and sizes and we sometimes overlook great opportunities in commercial real estate because of the complexities. A good relationship with a commercial property manager can help overcome those issues. With the current down market in commercial real estate you can find great opportunities to buy and hold. This should remain good for the buyers who have a good business and management plan in place. We are seeing a trend with current commercial property owners being forced to the sell their properties for much less than replacement cost values due to high vacancy and under preforming property income. One of the largest trends that investors will face in the future of commercial estate is the shift to our next generation of consumers and customers with their philosophy to live, work and play without the long commutes. The development of mix use commercial projects that include Multi-family and Condos, Hotel, office and retail should do well in the future of Georgia and Metro Atlanta.
The five areas of commercial are all shaping up with very different futures and I would list them from the projected best to the less preforming for Metro Atlanta and the Georgia Market. Read More→
Property Inspections: Move-in, Live-in, Move-out & Move On!
Posted on June 25, 2012 byHow you monitor the condition of the property will influence your relationship with your tenant, how quickly you can turn the property when a tenant moves out, and the over-all income of the property. If you plan on holding a security deposit to be used for damages against a property, you must conduct a comprehensive move-in/move-out inspection.
This article addresses how communication, documentation and setting expectations with your tenants through scheduled inspections will result in a better landlord-tenant relationship, a better maintained property and avoid costly court cases, all of which effect the net income of rental property. Read More→
Skilled Property Managers Hold the Keys to Profits in Today’s Rental Market
Posted on October 5, 2011 by
Not since the Great Depression have banks been forced to foreclose on so many properties and dispose of them on the open market. To compound the problem, lending institutions have increased their lending requirements to a level that has slowed the real estate recovery, further lowering housing prices.
Opportunity abounds for investors as the need for residential rental property continue to increase as more home owners are displaced and others choose to rent rather than buy. Savvy Investors who choose to Buy and Hold can look forward to low purchase prices and strong rental incomes; however all can be lost through mismanagement due to inexperience or lack of knowledge of laws governing property management. Read More→
