Are you searching for tips on how to get more ROI from your Atlanta single family rental property? If so, you’ve come to the right place.
Return on investment is the key to success when you own single family rental properties and you can accomplish the goal of getting the most ROI from your property by following these tips.
Tip #1 – Focus On Proactive Maintenance
There’s no denying that maintenance can be costly when you own rental properties, especially if it’s a major repair that costs thousands of dollars.
Thankfully, you can ensure that costly maintenance becomes a thing of the past when you focus on proactive maintenance.
This means having your rental property inspected on a quarterly basis to keep an eye out for common maintenance issues so that they can be fixed before turning into more costly maintenance problems.
Tip #2 – Upgrade Your Marketing And Screening Processes
After focusing on proactive maintenance, you should next focus on improving your property marketing.
To improve your property marketing, you should take new pictures and video of your rental property and also create a virtual tour, so prospective tenants can see everything that your property offers before they tour it in person.
After upgrading your marketing, you should next focus on improving your screening processes by working with a company like Rently because, they have efficient online tools that make tenant screening easy.
Tip #3 – Don’t Neglect Tenant Relations
It doesn’t matter if you own one single family rental in Atlanta, or a portfolio of rental properties, you should also make tenant relations a vital part of your monthly schedule.
Tenants want to feel that they are appreciated and taking the steps to proactively reach out to them will build a good relationship with your tenants and make them more inclined to renew their leases.
Contact JD Homes
At JD Homes, we specialize in local property management for single family and multifamily properties.
To learn more about the services that we can offer you, contact us today by calling (770) 506-2630 or click here to connect with us online.
