FYI: CFG also operates in Atlanta / Georgia.

I've seen similar security cameras here and I tell you what you cannot tell the difference between a REAL one and a FAKE one…they make them like the real deal….unless someone will tell you they are fake, you wouldn't know hence you think twice before doing silly things  while in the presence of the security camera….makes sense to me. Will definitely give it a go and for the price you pay, they are peanuts.

It would be a challenge to know the exact amount on how much you've added to the value of your property before you  reno the property …usually you do this after the reno is done.                 But, having said that, if you know the valuer of your financier, use them and tell them how much you will be spending and which room you will be upgrading etc., maybe then you get the idea on how much you've added to the value of your property.

I have a feeling that you're going to ask me about this.

I used a buyer's agent here…they gave me access to their foot workers on the ground of Atlanta (e.g., Realtor, Building Inspector, Pest Control inspector, Attorney…the whole nine yard). I bought some properties before so i'm not new to the process of buying real estate investment.

Maybe I'll get my property manager to put a sign up "Beware of Dog"…..

That's very interesting Jay. Typically, here in Australia you transfer the responsibility of property management to third party…when you do that, they do all the work from collection right to the maintenance. Usually, here the collection is done electronically (e.g., bank to bank payment). You only hear from them if there are issues (e.g., runner like tenant skipped the town without paying rent or thrashed the place, hot water system defunct etc).

With your approach, I gather it has worked for you successfully. But, have it ever failed once or twice even despite the best effort of the property management company to screen out the prospective tenants?

Guys, the property that was posted here looks pretty good. I know being a warm climate in Georgia, when you did your DD (due dilligence), some of the properties you've encountered in the past might have some issue with termites for instance?  Did you proceed closing the sales even if you have some tiny issue with the property. I heard that termites is common in Georgia because it is a wooded place whereby termites love to breed.

Hi,

Who's company that manages your property? You can send me a private email if you preferred to question discretely.

Management fee i ok
Tenant sign on: ok [ others will take the whole month rental income]
Renewal fee:
Recover of late payment: seems excessive and not necessary.

Here are my view points:

1. If you get sued personally, your personal asset will be a risk being taken away from you including your investment property including your house if ALL registered under your name. That is why it is advisable to separate your business transaction with personal transaction.
   
2. In contrast,if someone sue you personally, and if your investment property was purchased under a company name, the suer cannot get his hands on your investment property only your personal assets. And if your personal assets are registered under your wife's name for instance, your assets are safe.
   

My advise is control your assets but don't own them (i.e., buy them under a company's name, YOU being the director of your company to control them).

Hope that makes sense.

Good luck.