Tri-City Realty Services offers full service property management to landlords and investors in Peachtree City and the surrounding area. We would like to manage your investment, and today we’re talking about a few reasons why you might want to work with us.
Expertise in Cash Flow Investments
Since I began working at Tri-City in 1976, I have marketed homes, office buildings, shopping centers and land. My specific market area has been the south side of Atlanta, from East Point to Peachtree City and Newnan. In the mid-1980s I began to focus on cash flow investment real estate. I took classes on cash flow analysis and learned about different rates of return and evaluation. With knowledge and research, I was able to begin working only with investors, and I continue to work with some of those investors still today.
Innovative Property Management Software
Now our company manages 139 single family homes in Peachtree City, Newnan, Coweta County and Fayette County. All of the homes we manage were built after 1980, and the average rent is $1,230 per month. We use Internet-based property management software that allows us to collect rent and pay owners online. This technology also allows owners and residents to look at their portal 24/7 for information on leases, their management agreement or rent status and maintenance requests. Our maintenance requests are made online and the system will notify us when something is wrong. We can then dispatch a vendor to take care of the issue. Everything is in writing, and we have clear direction and easy follow up.
Low Vacancy Rate
Our vacancy rate is under three percent, and in the last 12 months, our renewal rate on leases was 45 percent. We believe in keeping tenants happy and your turnover low. Another reason to work with us is that we keep up with what rents are doing in the area, so we know when we can raise that rent and earn you more income. Our renewal rates went up about three percent this past year, and with a new tenant in the property, that rent could go up nine or 10 percent.
Contact us at Tri-City Realty Services, and we’d be happy to share our knowledge and experience with you so your equity and real estate investments can grow.