Investor Executive Rental Program with ALH|Podland Realty & Rental Homes Property Management.

The following outline is the process through which we would go through to help you invest in Atlanta Real Estate.
Please give us a call if you have any questions.

Investor Preparation:

Investors are prepared through the setup of their own LLC’s
We work with you to walk through the process with our team of how the process works
We help you set up the LLC, prepare all the necessary documents for management, and walk your through the financial part of getting ready for closing.
Investor works with our team to choose the home that meets their criteria
Contracts are executed and earnest money is deposited
We work with experienced attorneys, real estate brokers and insurance agents to make the process as smooth and seamless as possible

Market Analysis:

Identify the sub-markets in Atlanta that provide the greatest opportunities
Utilize our network of contacts to target properties
Visit each potential property and generate preliminary renovation estimate
Submit offers on properties that meet the criteria
Generally, we look at no less than 100 properties to ultimately purchase one

Acquisition:

Execute Contract and deposit earnest money
Finalize renovation budget
Assign project team to complete renovation
Additional walk through with Project manager
Order required materials

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Closing And Management:

The process is complete with the closing of the property
Most closings occur remotely with no need to attend in person
The investor at that point gives us to go-ahead to begin renovations, marketing, and management of the property.

Renovation And Marketing:

Each Property is renovated “rent ready” inside and out including:

New carpet and laminate flooring as required*
New paint inside and outside as needed
Updated kitchen cabinets as needed (sometimes, the fronts are replaced for better aesthetic appearance and higher rental value)
Updated bathrooms as needed
Granite counter tops in kitchens and baths, if applicable (we strongly recommend as it increases the rental rate that we are able to secure for your property)
New Appliances- refrigerator, stove, dishwasher
New HVAC as required
New Light Fixtures, as required
New door hardware, stops and switch plates as required
New hot water heater as required
Update the electrical panel, as needed to make sure it meets code requirements
Install wireless security monitoring system
Freshen up the landscaping
We begin marketing the property

Tenant Placement:

The renovation work is at least 80% complete
Property is entered into our database and made available through our top performing lease/purchase website
Additional signs are installed to provide maximum coverage
Tenant applications are reviewed and screened
Applicants that pass the first level of screening move on to further review
Applicants submit to a credit check
References are checked
A lease is executed and deposit secured

Call us if you have any questions about investing in Atlanta Real Estate. We'll be happy to discuss them with you,404-937-1850.

* we strongly discourage use of carpet in the properties for two reasons: 1. it stains and damages too easily; 2. will require to be changed every couple of years and thereby will increase your maintenance costs on a continuous basis. Also, using laminate flooring, increases the amount we charge for rent as it sets apart (in yet another way) our properties from the competition.