All Forum Posts by: Yates Harris

Could someone please recommend a good property management company in the Atlanta area? I may want to lease my primary 1 bedroom townhouse in Chastain Park starting in the next month or two while I am away for work. I would like to have my townhouse back hopefully by Christmas time and am hoping to find a company that is okay with leasing it out between 6-9 months. Currently I am looking at "Your In Town Home" , "Vision Realty Management" just based on the google reviews but would love to get some ideas based on anyone else's personal experience. Because the cash flow isn't that great due to HOA, I am hoping to find a PM who is competitively priced with their fees without sacrificing quality. I would like to hire a good PM to outsource tasks such as screening for a tenant, collecting rent and dealing with all tenant concerns that would personally give me a headache. Thanks so much for your help!
Yates

Good to know and great advice. Thanks so much for responding!

Fantastic advice Nathan! Thank you so much. That surely will help me sleep better at night. 

Great advice! Thanks so much for chiming in. 

I am thinking of taking a job out of state and during that time I would like to rent out my primary residence which is a one bedroom townhouse in Buckhead/Atlanta. It does have an HOA but they do allow rentals for at least 6 months. My main concern is I want to make sure I offset any liability in perhaps the slim instance a tenant tries to sue me for potentially slipping and falling themselves or for whatever possible reason really. Putting real estate assets into an LLC or trust are all terms I hear about but am wondering if that would be appropriate and/or necessary in this situation to off set any potential liability? Am I perhaps over thinking this and should I perhaps not consider putting a primary residence into a trust or LLC? I just want to do everything possible to make sure I'm protected in every way, including making sure no one could ever go after non real estate assets like my stocks as well. The townhome is completely paid off and own it outright in case that matters at all. Any insight is much appreciated! Thanks so much for your help!

Yates