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Our team of local professionals at Mynd Property Management are different than other Atlanta property managers. Servicing the greater Marietta, Fayetteville, Griffin, Alpharetta areas, we leverage real-time data to consistently better our services, providing owners with seamless management experience.
Customers working with Mynd can rely on us as their trusted partner, providing them with a healthy investment, and their residents with a happy home. Residential real estate joins media and business as Atlanta’s greatest investments. It’s time to make your real estate investment work for you.
If we place a resident and they fail to pay rent at any time during their lease, we reimburse you up to $5,000 in lost rent while we resolve the situation.
If a resident we place moves out and leaves behind property damage in excess of their security deposit, we will cover the difference, up to $5,000.
If a Mynd-placed resident fails to pay rent and an eviction is required, Mynd will cover the court costs and legal fees up to $5,000.
Your rental property is one of your most valuable assets. You expect concrete, tangible results, and Mynd delivers. We focus on measurable results that you can see.
Quicker than average leasing times.
Less than 4 business hours for owners, less than 8 business hours for residents.
Higher than average resident quality score (720+)
No need to worry about rental payments, less than 2% delinquency.
Consistently high customer satisfaction scores (Better than 4/5)
Net Promoter Score of 58 versus industry average of 7
We start by hiring the best people with deep local expertise.We equip them with the tools, technology and data. You get results.
Jessy has more than 18+ years’ experience in Residential Management and Leasing. She has extensive knowledge of the Northern GA region and greater Atlanta market. As a licensed Real Estate Broker, she aspires to provide each client an incredible customer service experience while helping them reach their real estate investment goals.
Atlanta has the tenth largest economy in the United States and the 20th largest in the world. That means plenty of potential occupants, and Mynd’s property managers will make sure you get the cream of the crop! We’ll handle marketing, screening, and all the paperwork.
Our property managers will also take care of regular repairs, long term maintenance (like replacing your roof), and any emergencies, 24/7. And as good as your tenants may be, we know that there’s a certain level of discomfort that comes with money matters. Not for us! We’ll collect all the rent, handle the bookkeeping, and hold the security deposit
Atlanta has so many trees that it’s known as a city in a forest. Mynd’s Atlanta property managers will make sure any trees near your home are trimmed and well maintained so you can enjoy them rather than worry about them. Explore our resources below to learn more Atlanta rental properties including tips, tricks and more!
Boasting both a robust GDP and the world’s busiest airport—Hartsfield-Jackson Atlanta International—Atlanta is a major player when it comes to U.S. economies. Named as one of the U.S.’s top 10 economies by city, this deep South metropolis is also home to major corporate conglomerates, including: Coca Cola, Turner Broadcasting, Home Depot, and Delta Airlines.
Other factors combine to make Atlanta a Georgia city ripe for investing. Its sprawling metro includes assets in suburban locations with immediate cash flow; the city also features neighborhoods with relatively easy access to major thoroughfares and school districts (these typically meet the criteria of buyers seeking immediate returns). Investors with a longer time horizon can acquire urban core properties that tend to appreciate even more quickly.
Atlanta is home to the busiest and #1 ranked airport in the world, four Global Fortune 500 companies and 14 Fortune 500 companies. The metro has the lowest costs of transportation for services and manufacturing sectors out of the largest U.S. metros, strengthening distribution in the area. There is a projection of 1.5 million new jobs to be created by 2040. Atlanta-based Invesco will add 500 new jobs to the city when it completes its $70 million expansion in Midtown in 2022.
Atlanta is predicted to add 2.9 million residents by 2050, pushing the population to 8.6 million. As the metro keeps up with this population growth, the city is constructing a 22-mile long Beltline Transit Loop. The first phase, at the Westside Pavilion Park, was completed in 2019, with the entire project’s expected completion in 2022. The city is said to net $10–$15 billion dollars for the project.
Cobb County, containing Marietta City, is the ninth best school district in Atlanta. However, the northwest is known more for activities such as sports, camping, and whitewater rafting. With the Mercedes-Benz Stadium and Georgia Tech, investing in the northwest remains promising.
The northeast has fantastic schools and great entertainment. According to Niche, the top 3 best school districts are in the northeast. Ranked in the #1 and #2 spots, are Buford City and Forsyth County, respectively.. Both of these districts lie outside the 285 perimeter. The third best school district is within the 285 perimeter. However, living in Decatur City is also more expensive than both Buford and Forsyth because it’s closer to downtown Atlanta. A popular place to invest is in Gwinnet County, which falls 10th on the list of best school districts in Atlanta.
The southwest is home to the 4th best school district in Atlanta: Fayette County. Aside from the school district, the southwest is home to Atlanta’s airport: Atlanta International Airport is the busiest airport in the world.
The southeast has hot properties downtown, such as Reynolds town, Grant Park, and West End. But more importantly, Clayton County is located in the southeast. Clayton County is ranked 1st in single-family rental returns in 2017.
For more information, refer to our Knowledge Center and visit our Atlanta, GA Property Management page for local landlord tips and information. Our team has vast knowledge and experience in local Atlanta property management and can help you to have a better investment experience. We educate on topics in the area ranging from landlord tips, repairs and maintenance, leasing, how to choose the best property management company, and investor advice!
We look forward to furthering your rental property education.
The topic today is professional Atlanta property management and whether it’s really necessary.If you’re an investor and you own property in the Atlanta area, there are a few benefits to working with a professional property management company. Let’s take a look at some of the value you can get from a good manager, and why it makes sense.
Atlanta investors can benefit from property management for the same reasons that investors all over the world can benefit: you save a lot of time, and you don’t have to worry about things like resident complaints and emergency maintenance issues in the middle of the night.A benefit that’s unique to Atlanta is that this market covers a lot of green space. The metro Atlanta area is huge and includes a lot of different neighborhoods that stretch across a geographically large city. Investors have a lot of opportunities in suburban Atlanta, but getting from one property to another will take a lot of legwork. When you have a property that needs attention, it’s not as easy as jumping in the car and getting there to do some maintenance. It’s going to take some time to get there and you may have to plan on spending the whole day at your investment property. Many Atlanta neighborhoods are more than an hour from the city.
Your Atlanta rental property also requires a lot of attention. We talk to a lot of investors who start off trying to manage on their own. They believe it will save them money to do all the leasing and maintenance and management and accounting on their own.It doesn’t take long before they realize that they don’t know how to handle effective vendor relationships. They don’t know what various legal statements and notices mean. They’re not sure how to evict a resident who isn’t paying rent.Managing your own rental home is a tedious process. It’s so much easier to pay a small percentage of your rental income to a professional property manager in Atlanta and let the expert do the work and do it well.It’s common for real estate investors not to think about the value of their time. But, you should be thinking about how this impacts your overall ROI and personal wealth. Is it really worth your time to drive to different parts of Atlanta to show a property or talk to a resident or supervise a repair?
Another benefit to professional Atlanta property management is that you don’t have to worry about legal risk and liability. There are a lot of laws that govern what landlords need to do when renting out a home, and these laws are frequently updated. Different cities and regions have different laws. What you do when you’re managing your property in Florida is much different from what you need to do with your Atlanta rental property.Unless you are willing to commit the time and resources required to become completely educated in landlord and tenant law, you’re taking on a lot of risk.At some point, you’re going to run out of hours in the day. It’s hard to be effective when you’re scrambling to meet the needs of your property and your residents while staying up to date on the law and the rental market trends in Atlanta.
In addition to leasing and managing a rental property, there’s also maintenance and accounting to consider. These are not easy things to fit into your schedule, and it’s hard to do everything properly. Something will eventually have to drop off.Many investment owners are making residual income from their rental properties. Maybe you have a full-time career of your own. Investment real estate should advance your life and not suck the joy out of it. But that’s exactly what can happen when you’re trying to remember the different ways that utilities are set up in College Park versus East Point.Managing your own property requires you to jump through a lot of hoops just to get the simplest thing accomplished. You don’t have to do everything yourself. If you’re like the average investor, you have a job and a family. You didn’t get into real estate investing to take on a second or third job. But, that’s often what happens when investors try to manage on their own.Owning a rental property doesn’t mean running the rental property. When you have money tied up in a piece of Atlanta real estate, the best thing you can do to help it earn you more money is to have professionals take care of it. Don’t take chances. You don’t want to break a property code law because you didn’t know something or you were too busy to get to a repair in time.The value of professional property management is in protecting your asset.If you’d like to learn more about Atlanta property management, please contact us at Mynd Property Management. We are here to help you protect your real estate assets and to ensure you have a better and less stressful investment experience.We also have other opportunities to connect with us and learn more about investing in Atlanta. You can also visit our Facebook group of investors, which is called Master Mynd. It’s a real estate investors’ club, where you can exchange ideas with other owners. Check out our weekly podcast as well, called The Myndful Investor. We invite leaders in real estate and property management to talk about their success and, more importantly, their failures. There’s a lot to learn from this relatable content.
If you’re an Atlanta real estate investor, you might want to know why other investors fail. It’s a good way to avoid making the same mistakes.
Not making the needed upgrades on rental properties is one way that investors fail in Atlanta. This means more than just preventative maintenance. You have to take care of larger items and address repairs as well as upgrades. You don’t necessarily have to do a complete rehab, but maybe a small rehab is necessary. Perhaps replacing appliances is necessary. A new paint color might be required.
You need to bring your product into a competitive market. Many properties in Atlanta are being renovated and getting a lot of upgrades. If you’re not keeping up, you’re going to have a hard time succeeding. When everyone else is putting granite counters in their kitchens and you’re not, there will be a problem achieving good rents and attracting quality residents.
Maintaining your home includes adding value to it. A new mailbox isn’t going to add much value. But, changing your dated appliances to new black appliances might bring you $50 more per month in rent. You can also replace your ceiling fans from 1980 with new fans that have remotes. These are the things that keep residents in place and ensure your home is always leased. Be competitive, or you’ll run into vacancy and turnover. As you know, those are expensive.
A lot of investors make mistakes when they’re attaching a rental value to their property. Each area of Atlanta performs at a different level. Sometimes, investors want to attach a rent that isn’t attainable for their location. You might think that the average rental price in Atlanta is one thing, but that doesn’t mean your specific property can get that much. Pay attention to your location because that’s going to drive your rental value more than the general market rents in Atlanta. This is an excellent reason to work with an Atlanta property management company. If your rental property is vacant for a long time, it’s probably not priced correctly. We’re experts on this market, and we can look at competing properties and tell you what your rent should be.
You may think you need $1,500 in monthly rent because that’s your mortgage payment. But, if the property is only going to bring in $1,300 per month, you want to follow what the market dictates. Otherwise, you make emotional decisions during a long vacancy period. Those are never good. They are reactionary and can get you in trouble. When your house has been vacant for three or six months, it puts you in a bad position.
Get a professional to tell you what the market dictates. And, remember that the real estate market is cyclical. Rents are higher in the summer. In the winter, not a lot of people are moving. If your property is vacant in the winter, it might stay vacant for longer or you’ll have to lower your rent expectations.
Sometimes, investors get frustrated and want to change management companies. If one property manager doesn’t agree that your house can get $1,500, you might want to keep moving on until you find one who tells you what you want to hear. It’s going to take a lot of time, money, and energy to look for a property management company that agrees you can get a rent that you actually won’t get. They aren’t doing you a service.
The third reason investors fail is their screening and resident placement process. Sometimes, investors are on one end, where they don’t want to bother with any kind of background check. They don’t care about credit. If the prospective applicant has a job and the cash to move in, they’ll accept them.
On the other end of the spectrum are the investors who have very high standards. They want a 700 credit score and income that’s at least four times the monthly rent. Both of these types of investors make selecting a good resident very difficult.
You need to consider the location of your investment property. If you have multiple rental homes throughout the city of Atlanta, your requirements may change from property to property. You need a set of standard criteria, but each market will drive the screening results. Incomes in one part of the city will be much different than incomes in another part of the city.
Criteria that’s too strict leads to vacancy while criteria that’s too loose leads to vacancy.
Avoiding fair housing issues is important. You can have different criteria for properties in different parts of town, but you have to screen every applicant for a particular property in the same way.
Stay away from these common investment mistakes. If you want to succeed as an Atlanta real estate investor, make sure you’re paying attention to maintenance and upgrades. Price your property correctly with the help of a local Atlanta property management company. And, be reasonable with your resident selection criteria.
If you want some help avoiding these investment mistakes, contact us at Mynd Property Management in Atlanta. We’d love to tell you more about how to succeed in this market.
We also have other opportunities to connect with us and learn more about investing in Atlanta. You can also visit our Facebook group of investors, which is called Master Mynd. It’s a real estate investors’ club, where you can exchange ideas with other owners. Check out our weekly podcast as well, called The Myndful Investor. We invite leaders in real estate and property management to talk about their success and, more importantly, their failures. There’s a lot to learn from this relatable content.
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