Smyrna Property Management
Let Us Manage Your Smyrna Rental PropertyRENU Property Management in Smyrna has the knowledge, experience, tools, and staff to thoroughly address every aspect of your investment portfolio. We take every measure to protect your asset and maximize the return on your investment. The intricacies of property management go well beyond collecting a rent check. We have implemented detailed processes for marketing Smyrna vacancies, screening applications, executing leases, processing rent payments, inspecting and maintaining properties, issuing account statements, and more. We care about your Smyrna property as if it were our own and will go the extra mile to exceed your expectations. Some of these extra mile services include: tenant move in and move out videos emailed to owner and tenant, automatic e-deposits for owners, and 24/7 online access to view every detail about your rentals.
The Benefits Of Working With RENU Property Management In Smyrna
Market Analysis: We analyze comparable homes in the current Smyrna market to ensure accurate rental pricing.
Property Condition: We walk the property to become familiar with condition and amenities. We make recommendations for the best implementation of improvements.
Online Marketing: We create a detailed Smyrna property listing and distribute it online across a large network of rental websites to capture the largest audience possible.
Additional Marketing: We recognize that sometimes a different approach is beneficial for maximum exposure in a particular market. We will create traditional printed flyers or MLS listings for homes where the market calls for them. (An additional fee will apply for MLS advertising.)
On-site Information: Our “for rent” signs and supplemental pamphlets on-site direct prospective tenants to apply online 24/7 or to contact our office by phone, text, or online with any questions. Inquiries receive an immediate auto-reply and an additional personal response as soon as possible thereafter.
A reliable and long-term renter is worth their weight in gold. RENU focuses on renting your Smyrna investment property to stable tenants who will take care of the property and pay the rent on time. In order to do this, all RENU Property Management Smyrna tenants must pass a comprehensive screening process. Our screening process in Smyrna results in fewer late payments and longer tenant retention. We adhere to Fair Housing practices and will not discriminate on the basis of race, color, religion, sex, handicap, familial status, or national origin. We WILL deny an applicant the basis of creditworthiness, monthly income, and/or rental history. Upon receipt of an application you can trust that we will:
Review the applicant’s ID: We look for matching name, date of birth, and address.
Run a credit report: We look for qualifying credit, no open bankruptcies, and for red flags such as unpaid utilities, debt to a previous landlord, or large collection balances.
Conduct a criminal background check: We review public records for any criminal history.
Check public records: We search for any past evictions or landlord-tenant disputes.
Verify employment: We obtain verification of current, local employment.
Verify monthly income: We review current paystubs for proof of qualifying income.
Verify landlord references: We ask for three years of rental history and contact previous landlords to inquire about payment history, length of tenancy, proper notice given, lease violations, rent amount, damages, and any other noteworthy concerns.
Setting fair prices for rental units requires an understanding of current market trends in Smyrna. In addition to our knowledge of the Smyrna area, we run a market analysis along with our review of the property to maximize your income in the shortest amount of time with the best tenants. Responding to tenant leads in real time allows us to obtain useful feedback and provide you with weekly updates on lead activity and responses. From there, we use our experience to adjust the listing or conditions at the property as necessary. Once an applicant is screened and approved, we execute an attorney-reviewed lease, collect and hold a tenant security deposit, and inspect the property. Our Smyrna move-in inspection includes detailed photos of the property so that we can hold the tenant responsible for any changes in condition beyond normal wear and tear.
Lease Agreement: RENU Property Management in Smyrna has a customized, attorney-approved lease agreement to govern the landlord-tenant relationship. The lease includes rules for creating a safe, peaceful living environment that protects the landlord’s and tenants’ rights as well as the welfare of the property.
Move-in Packets: New tenants in Smyrna receive additional guidelines for care and use of a house, any HOA governing documents, and information about local utility companies.
Move-in Inspections: Each Smyrna move-in is preceded by a thorough inspection. The interior/exterior inspection includes photos of each room and fixture and includes notes on condition or existing damages. This allows RENU Property Management to hold tenants accountable for any tenant-caused damage to the property at move-out.
Rent Collection: Our lease outlines a clear rent due date, late fee schedule, and eviction process for when tenants fall behind so that there are no surprises.
Property Care: The lease agreement also stipulates what the tenant is responsible for maintaining themselves so that those items are not neglected.
RENU Property Management in Smyrna is equipped to handle any maintenance needs, any time. Regardless of why maintenance is needed, RENU will dispatch our trusted Smyrna area contractors, coordinate with the tenants for property access, and handle invoicing on your behalf. Tenants have a fully integrated portal, allowing them to request maintenance servicing when it is needed. Emergency servicing systems ensure urgent matters are handled expediently, mitigating as much damage as possible. Routine property inspections enable RENU to identify issues before they worsen. We also have professional remodeling services to take care of repairs and refurbishments as required. We coordinate tenant requests, property access, obtaining estimates, and paying contractors on your behalf to make maintenance of any nature a smooth process. Continual maintenance keeps your Smyrna property in top condition. Happy renters and fewer repairs increase your revenue.
Standard Maintenance: Each RENU Property Management Smyrna tenant has a unique online Tenant Portal login where they can request maintenance. They provide contact information for scheduling, photos of the problem (optional), and an explanation for what the problem is.
Emergency Maintenance: We provide tenants with a 24/7 Maintenance Hotline to reach us whenever something goes wrong at their Smyrna property. We screen requests, assess the nature of the request, dispatch emergencies immediately, and work to mitigate damages, keep repair costs low, and keep tenants happy. This system mitigates damages, keeps tenants happy, and reduces expenses.
Preventative Maintenance: Regular property inspections allow us to identify concerns before they become problems. We watch for interior and exterior needs, record and share any tenant-reported concerns, and monitor tenant care of the property.
Turnover Maintenance: Our thorough move-out inspection not only allows us to charge tenants for any damages, but it is also an opportunity for us to identify any capital investments which would increase the value of your Smyrna property for the next lease.
Each RENU Property Management Smyrna property owner receives access to an online Owner Portal. Around the clock access to your account information means that you can stay organized and informed from anywhere in the world with the click of a button. This online account includes 24/7 access to:
Monthly Statements: The current and historical account statements provide a record of rent income, management fees, and any other bills or expenses for that month.
Payment Disbursement History: We provide a transaction log showing the date and amount for every payment you receive via direct deposit.
Tax Documents: 1099 tax documents are sent out each January and a copy is saved in your portal for easy access.
Property Inspection Reports: The photos and comments from each Smyrna property inspection are saved to your account for review.
Tenant Leases: A copy of each lease or lease renewal is available on your portal.
Management Documents: A copy of your RENU Property Management management agreement is saved on your account for your convenience.
Online Tenant Payments
RENU Property Management tenants in Smyrna make all rent payments via our online Tenant Portal. The funds are then electronically deposited to the bank account of your choice. Online payments guarantee that no checks get lost in the mail and no time is lost waiting in line at the bank. This design streamlines payment processing to ensure that you receive your funds as quickly as possible. Payments are automatically tracked and recorded for accuracy. Monthly statements provide a breakdown of disbursements and any other account activity for your records.
Evictions & Collections
We do our best to protect your interests and place tenants who will fulfill their lease. Sometimes tenants still default on their lease agreement due to unforeseen circumstances. RENU Property Management in Smyrna has the experience to navigate through complex situations while mitigating risk and complying with the law. We coordinate with our eviction and/or collection attorneys to move through the appropriate legal processes and recoup your funds as quickly as possible. If an eviction is necessary, we work to regain possession of the property and re-rent it as soon as possible. If a tenant moves out leaving damages behind, we have a collection process in place to hold them accountable thanks to our thorough move-in inspections.
RENU works with Investors to acquire and stabilize single family homes in multiple areas across the United States. We are the Industry Leaders in underwriting process and acquisition technology. The following RENU methods have helped investors successfully acquire over $2.9B in U.S. Residential Assets since 2009:
Proprietary Analytics Software
RENU Analytics is a software platform that takes direct data feeds from Multiple Listing Services, Tax Records, and Public Data. With this software we are able to accurately and efficiently underwrite over 20 Million Homes per day. Real-Time data combined with historical data is applied to a proprietary algorithm to surface the best assets for a specific investor every 60 seconds. Asset level expenses are used to capture exact yield potential in each market.
Corporate Underwriting Team
RENU’s Corporate Underwriting Team consists of 20 analysts that use the data generated from our analytics software to further analyze each property. Our Team performs benchmarking and underwriting analyses to provide opinions of value on real estate before we make a purchase. Analyses include reviewing municipal and HOA laws, construction budgets, embedded equity, home price appreciation models, and gross & net yields from cash flows. Once the property has been analyzed by the Corporate Team, it is sent to the local teams to validate.
Local Operations Team
Our local operations teams manage final underwriting, offer writing, contract negotiation, and transaction management. Underwriting integrity is preserved and locked into RENU Analytics. These teams are also able to provide significant off-market asset sale leads. The feedback we obtain from the local team rounds out the perfect real-time approach.
Construction Management – Rehab Management
RENU is able to make the rehab and construction process efficient through the use of technology and leveraging our local relationships. Rehab oversight is performed at the job site while further oversight and accountability measures are performed at the Corporate office.
Corporate Process Management
Operations, Treasury, and Acquisition responsibilities are all managed at the Corporate office. The technology we implement provides transparency throughout all stages of the process.
Smyrna Area Information
Smyrna is located about 10 miles northwest of Atlanta, Georgia and is considered an integral part of the Metro Atlanta area. Known as the “Jonquil City,” it derives this name from the thousands of jonquils that flourish in gardens and along the streets in early spring.
Highlights of Smyrna
Just a 15-minute drive from downtown Atlanta, yet free of the congestion
Revitalized and active downtown area includes a library, community center, retail development and mixed-use development, city hall and charming homes
Charming neighborhoods with a vast array of amenities for residents and businesses
Parks, jogging trails, pools, lighted tennis courts, public golf courses and much more
Day camps, sports and recreational activities for children to seniors
Summer concerts and family events downtown
Winner of the prestigious Urban Land Institute’s Award of Excellence
More than 56,000 residents call Smyrna home, and this area of Cobb County continues to be attractive for residential development. Smyrna’s demographic profile shows its residents are younger and have a higher per capita income as compared with the Atlanta MSA. Our neighborhoods are diverse in style and are doubly enriched with diversity and community spirit. Our location near the Cumberland – Galleria employment center continues to draw residents and businesses to our community.
The City of Smyrna’s Village Green and Market Village are surrounded by and include 33 acres of parks and green space within one mile of downtown. Within our 15 square miles one may find 304 acres of park and green space. In the downtown area you will find a well-equipped Community Center with two gyms and exercise equipment. You will also find a very healthy pond with even healthier wildlife – giant koi – and lots of trees. Recreation facilities exist throughout the City and park space is available for special events.
The City of Smyrna has developed a reputation for smart growth and revitalization and was awarded the Urban Land Institute’s Award for Excellence.
Smyrna is pro-business and service-oriented – committed to business as well and the business of community and its residents. Smyrna has long been an integral part of the growth and development of Cobb County and is recognized as one of the most desirable places to live in the entire Metropolitan Atlanta area, the place to be…the place to call home.
In geographical terms, the City of Smyrna exhibits some excellent physical characteristics. With an average temperature of 61.4 degrees, the climate is very favorable consisting of warm summers and moderate winters. Between these seasons, the Smyrna area is decorated with thousands of jonquils blooming in the spring and a colorful change of leaves in the fall. The general terrain of the area is characteristic of the piedmont region of Georgia. One will find hills with broad ridges, sloping uplands, and relatively narrow valleys. Smyrna – downtown – sits at an altitude of 1,150 feet above sea level with the general area at 800 to 1080 feet above sea level. Smyrna’s climate is seasonal with long, pleasant spring and fall seasons.
With visionary leadership and strong community spirit, Smyrna has become one of the most popular places to reside in the metro-Atlanta area. The “small town” atmosphere aligned with a progressive approach in city government, offers the type of modern lifestyle many seek when deciding where to raise their families.
Another important attribute of Smyrna is its location in relationship to major transportation modes. Being a citizen of Smyrna means having ready access to several different methods of conveyance. The City is strategically located near three interstate and intrastate highway systems: I-75, I-20, and I-285. Downtown Atlanta is a 15-minute drive via the interstate and Atlanta’s Hartsfield International Airport is only a 30-minute drive away. The Cobb Community Transit (CCT) bus system provides public transportation for our residents with links to the Metropolitan Atlanta Rapid Transit Authority (MARTA) rapid-rail network. There are also two major railways that service Smyrna and four airports can be found within an 18-mile radius of the City.