As with many areas in the United States, rental demand continues to climb in the Alpharetta, GA area. The latest data from the Federal Reserve suggests that now is a great time to be a property owner since during the last three months of 2015 property owners’ rental income amounted to around 4.3 percent of the U.S. national income. Meanwhile, key takeaways from the “Emerging Trends in Real Estate” report published by the Urban Land Institute and pwc has us looking forward to successful investments for properly managed rental assets.
It is important to be aware of changes to real property law and contract law. Perhaps what is more valuable is to have a lease reviewed by a lawyer who specializes in landlord/tenant law. Our management professionals always make use of a carefully worded Alpharetta, Georgia lease agreement that has been reviewed by an attorney. Continue reading
As a homeowner or renter, you should be concerned about the rate of crime in the community in which you live or own property. All County Property Management is pleased to share that several of the cities we serve dominate the top ten safest communities in Georgia, according to a recent study by Value Penguin. Johns Creek, Milton, Alpharetta, Roswell and Sandy Springs were all highly rated for having low crime. In addition to the quality of life that citizens enjoy in safe communities, property managers will tell you that safer communities can contribute to a better rental property experience for owners. Please read the full article here. http://northfulton.com/stories/Johns-Creek-named-safest-city-in-2014,69594?
Nearly every day we field calls from prospective real estate investors inquiring about good areas in Atlanta to own rental properties. As property managers in the North Atlanta market, we are familiar with many neighborhoods, and our feedback is to focus on properties in communities that boast good schools and have low crime. Whether people buy or rent their home, they want to provide a better future for their family and feel safe in their neighborhood. Another factor to look at for rental homes is their proximity to everyday resources, especially grocery stories. The Atlanta Journal Constitution recently published an eye-opening article on “food deserts” in the metro area. These are communities or neighborhoods that are more than a mile from grocery stores that sell fresh produce and other healthy, wholesome foods. To read the full article, go to http://www.ajc.com/news/news/nearly-2-million-georgians-live-food-desert…. Lower prices may be appealing to some renters, but if you had your choice of where to live, would you choose to live in a “food desert?”