Archive
A strong fence makes for good neighbors: The prospect of renting to friends and family is something that comes up from time to time. Some people like to steer clear of that practice because of the potential damage it can do to relationships. I’m normally one of those people because our relationships are too important to put in jeopardy. That being said, we’ve done it in the past – both...
Would you rather have cash or income? I was sitting at a closing recently, quietly working through a problem on the financial calculator. My agent asked what the app was on my phone. When I responded that it was a financial calculator, both my agent and the buyer’s agent were perplexed as to why I needed one, since the mortgage brokers do all the mortgage calculations. This is a...
Heigh ho, heigh ho, it’s off to court we go So your tenant didn’t pay and you sent them a letter of demand stating they had three days to either pay or move. They did neither and you filed for a dispossessory. The sheriff served the papers and seven days later you get a call from magistrate saying your tenant answered and you have to show up for court Monday morning at 9:30. You thank the...
They happen. What, evictions? Sometimes. If you’re a landlord, chances are you’ll have to file for an eviction at some point. I’d like to walk you through what you should do when filing for dispossessory so you won’t feel as unprepared as I did the first time I had to. Start by notifying your tenant that they haven’t paid by giving them a letter of demand. This letter informs your...
Six degrees and six vacancies... Oh shazbot! It’s six degrees outside. Well not exactly. Technically it’s in the teens, but with the wind chill, it feels like six degrees. Needless to say, this is not normal weather in Georgia. There’s ice and snow everywhere. And as I lay in bed this morning, all I could think about was all the ways this weather could affect the six vacant houses we have...