Owners: 404.937.1850
Prospective Tenants: 770.783.3737

Property Management Blog

Blog for Real Estate Investors, Landlords and anyone interested in rental homes property management, real estate investing and landlording on tips, trick and how-to's of managing and investing in residential real estate.

How Much Rent Can I Get for My Rental Home? Atlanta Property Management Advice

Web Admin - Thursday, August 06, 2015 - 0 Comments

How Much Rent Can I Get for My Rental Home? Atlanta Property Management Advice

When you’re preparing to put your rental property on the market, you need to price it correctly in order to ensure you get a great tenant in place quickly. Pricing the home too high can lead to longer vacancies and pricing it too low will cut into your cash flow. There are a number of things to consider when you’re attaching a rental amount to your property.

Market Knowledge

Really understanding the local market is crucial when it comes to properly pricing your home. If you’re not aware of what similar properties are renting for, you’re going to have a hard time giving your home the right price. A professional property manager can help you understand the market. We have been listing and renting homes for a number of years and we understand how prices can change from neighborhood to neighborhood.

Property Size and Condition

The location of a property is the most important consideration when it comes to price. The size and condition of the home are also important. Larger homes usually rent for more, so if you have a three bedroom, two bathroom house in a residential area, you’re probably going to be able to charge more than a one bedroom one bath duplex in an industrial area. The condition of your property will also inform the price. If it’s in good shape, with recent upgrades and a nicely landscaped lawn, you’re going to get a bit more for it than if you have aging appliances and no outdoor space.

Analyzing Similar Homes

To get the best idea of how to price your rental home, take a look at similar properties in the same neighborhood. You can go on sites such as Trulia.com and Zillow.com to get an idea of what rental homes are listed for. Remember that the listing price is not always the same as the rental price; you need to leave some room for adjustment, especially if your property isn’t getting a lot of attention in the first few days on the market. If you aren’t getting a large response to your listing, it’s probably because you’ve priced it too high.

Setting the right price for your rental home is the first step in getting it rented to good tenants. If you need help establishing a price or you don’t know the Atlanta market well, contact us at ALH Podland, and we’d be happy to share our advice.

Marina Shlomov, a managing partner at ALH|Podland Realty & Rental Homes Property Management is the author of many articles on Landlording, Property Management, and Real Estate Investing. A residential builder in the state of Georgia since 1999, Marina is an investor herself. Her property management company is intended “For Investors” and “By Investors” for a simple reason – she knows what investors’ goals are and she works hard to reach their goals. In her spare time, Marina likes to spend time with her family, friends, garden, read and travel. Check her out at www.alhpodland.com. You can find Marina’s articles and comments at @rentalhomesatl on Twitter, on FacebookGoogle+, Blogger. and YouTube, Bigger Pockets and REI CLub and LinkedIn.



Subscribe to our mailing list

* indicates required

Contact us for all your Property Managment & Rental Home Needs

Get Started

Atlanta Property Management
"For Investors" and "By Investors"

Quality Rental Homes and Atlanta Property Management offered by ALH|Podland Realty & Renal Homes Property Management.

Corporate Office:
1084 Meadow Club Ct., Ste. B2
Suwanee, GA 30024

Atlanta Office:
1201 Peachtree St.
400 Colony Square
Suite 200
Atlanta, GA 30361

Decatur Office:
160 Clairemont Ave.
Suite 200
Decatur, GA 30030

Main Office: 404.937.2827 
Rental Inquires: 770.783.3737
Owner Inquires: 404.937.1850

All Rights Reserved. © 2017
ALH|Podland Realty & Rental Homes Property Management.

Sitemap | Contact Us | Privacy Policy
Independent Contractor Agreement
Agent Application | Partner Application
Submit Contractor Invoice | Job Application

Submit Contractor Invoice
Property Inspection

Angies List Review Us Link

Best Property Managers in Alpharetta
Check Us Out on Yelp!
Share Us on Google+
Follow ALH|Podland Realty & Rental Homes Property Management's board Investors/Owners on Pinterest.

Atlanta Property Management Website powered by Freerentalsite.com
Tenant Screening by LeasingDesk | Real Page | Online Showings By ShowMojo |Atlanta Property Management Services by Propertyware.com, A Real Page Company. | BiggerPockets |Rentals.com | Market Leader | Consumer Choice Awards |
Recommended Locksmith