How to Rent Your House

  • How to Rent out your home
    Attending to Financial and Legal MattersFigure out how much it will cost you to keep your house safe and livable. You’ll need to invest a decent sum of money to get the house in shape to rent, and over the years you’ll be responsible for keeping it in good repair.
    A. If you elect to hire One Source Atlanta Property Management, we can keep you expenses low, by utilizing our relationships with licensed and professional vendors.
    B. You may also think about using a home warranty company.
    Decide whether to hire a property manager. Being a landlord can be pretty time intensive. You’ll need to screen tenants, negotiate a rent price, facilitate a lease signing, collect rent, do home repairs, and be the point person whenever problems arise. If you want to rent your house but don’t want all the responsibilities, hire a property manager.
    A. Keep your life simple and hire a licensed real estate broker, who can manage your property and your tenant. One Source Atlanta Property Management have over 12 years experience in renting out homes.
    Calculate the rent you want to charge. Factoring in the cost of your mortgage, the cost of keeping the house in shape and other foreseeable expenses, and the property manager’s fee (if you’re using one), figure out how much rent you’ll need to charge to at least break even.
    A. log onto for a free rent analysis. Of course One Source Atlanta, has access to MLS, as well as, RentMatch to make sure, we recommend the correct rental price.
    Set up a system for managing your finances. Start thinking of your rental house as a small business. It’s a good idea to keep rental-related finances separate from your personal finances. Use Quickbooks or another financial management system to record your expenses and keep track of payments.
    A. If you don’t want to invest in financial management software, One Source Atlanta Property Management Company uses one of the most thorough property management software companies in the country, you will receive a free owner’s portal, where you can keep track of your income, as well as, expenses. Great for year end account.
    Decide on the terms of your lease agreement. You can start by downloading a free lease agreement online or buying one from  Make sure the lease you choose meets the requirements of the state where you live. Working from a standard lease is a good way to make sure your lease contains all the necessary information.
    A. We use one of the most extensive leases to protect the landlord and due to our experience, we added an extra layer of protection, by using our own stipulations to the lease.
    Follow the laws in your state. Every state has landlord/tenant laws that dictate what rights landlords and tenants each hold. The laws address safety issues in the rental, who is responsible for paying for what, what happens when tenants fail to pay rent on time, and what circumstances give you the right to evict a tenant. Look up your state’s laws on the matter and make sure you’re comfortable following policies that apply to you.
    A. As a licensed Real Estate Broker, although we are not attorneys, we are familiar with manage of the owner and tenant’s rights. Here is a free tip. Search the Georgia Tenant and Landlord handbook. There you will find many answers to the questions, you seek.

Marketing Listings

Listing Marketing

As a real estate broker who have been in the business for over 10 years, and run a successful property management company, I thought it would be helpful to list some ideas to help you either market properties for sale or rent.

  • Create listing descriptions that sell using the right words to entice clients and quickly sell properties. Our easy writing tips and examples will help you use the right words to lure buyers and push your listings to the top of any “must see” list.
  • Brand names and buzzwords like “stainless steel appliances” and “hardwood floors” generate interest and increase sales. Use popular keywords in your listing descriptions to appeal to more buyers.
  • Concise comments, detailed descriptions and beautiful photos make a powerful impression, so make your words count and your images shine. To ensure that every property has the maximum impact, employ these 3 best practices for listing real estate online.
  • Convince sellers that you’re the real estate agent that will sell their home the fastest and for the highest price with these 8 listing presentation tips. The right preparation and presentation demonstrates to prospective clients that you have the skills and experience to meet all their needs.
  • Print and classified ads help you reach an interested and targeted audience, so make the most of your listing by including these four essential ingredients. Use these 4 tips to create great real estate ads for print and classified advertising.
  • Don’t waste your time with a property that is not ready for the market. Realistically priced properties that show well sell quickly, and successful agents understand that sellers may need help preparing their home before the initial listing. Learn how to help sellers prepare for marketing their home to its best advantage.

Mile High Lemon Pound Cake


Mile High All Butter Pound Cake

INGREDIENTS (serves 12)

4 cups flour
1 teaspoon baking powder
4 cups sugar
1⁄4 cup lemon juice
1⁄2 teaspoon salt
2 cups butter
10 whole eggs

Preheat oven to 325°. Grease and lightly flour bottom of tube pan. I like to use cooking spray.
Sift together flour, baking powder and salt. Cream butter. Gradually add sugar, beating all the time. Beat in eggs, 1 at a time.

I prefer to separate my egg yolks from the whites. Place the egg whites into a separate bowl and whip them, until you see peaks form set aside.

Add dry ingredients to your cream mixture. Beat. Add lemon juice. Then fold in your egg whites.  Pour batter into prepared pan.
Bake for 1 hour and 45 minutes, or until done. Cool on a wire rack.

Chicken & Sauage Gumbo – Slow Cooker


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If an individual pays a holding deposit on an apartment and the application is rejected, how long does the person holding the security deposit have to return the funds?

The landlord may have a duty to return a security deposit within thirty (30) days after a tenant vacates the property. If the amount paid was a holding deposit to keep the property off the market, it would generally not be refundable. The answer depends on the agreement between you and the landlord at the time of payment. Always get a receipt for any deposit or fee that you pay. If the fee is refundable, ask the landlord to put that information on the receipt.

Wall St Investors will become new landlords….

Some of the biggest names on Wall Street are lining up to become landlords to cash-strapped Americans by bidding on pools of foreclosed properties being sold by Fannie Mae.

The idea is that the new owners would rent out the homes at first rather than reselling—potentially aiding a housing-market recovery by reducing the number of properties clogging the market. The fact that big-name investors are interested also suggests they anticipate sizable future profits in housing.Image

Vacant Homes – A Breeding Ground for Theft/Vandalism

One Source Affiliates, is a property management company. When your home becomes vacant, my recommendation is to change the locks, screw shut the windows, keep the power on and install an alarm on your property, remove appliances and outside AC condenser unit, as well as, window units and possibly board up your property.

Failure to safeguard your property may result in vandalism and cause an additional financial burden on you.

May I conclude some of these remedies are a lot cheaper than a $1k deductible applied by your insurance company. Sometimes, if the property is vacant over 30 days, the insurance companies do not want to reimburse you for your loss.

Should I allow tenants to paint?

If you plan to keep the property as an investment for any length of time beyond a year or two, it is a very good idea to allow painting. A tenant who wants to paint takes mental ownership of the property and is more likely to stay your tenant. The less downtime between tenants, the more cash in your pocket. Allowing painting with approved colors is often a good compromise, and tenants rarely have a problem with this.