On Tuesday, January 28, 2014, Atlantans unexpectedly found themselves smack in the middle of a horror movie.
Within minutes, all major highways became snarled and then impassable, blocking all movement into and out of the city. Parents were separated from their children, husbands from their wives, each forced to fend for themselves in a cold and hostile environment. The basic necessities -- food, clothing, shelter -- were suddenly in short supply. Panic ensued and tempers flared as desperation and hopelessness descended like a shroud across the metro area.
Yes, Atlanta was conquered on that day -- not by aliens or zombies -- but by 1.5 inches of fluffy, white snow...
That's the way of all things: It's always the simplest events that cause the most damage, because hardly anyone ever takes the threat seriously. After all, how much damage can a few snowflakes really do?
It'll be the same with rental housing. Everything looks so innocent now. But, pretty soon it will be too late...
Imagine it's July and 100° outside. You own an ice cream store. To your surprise, you learn that last night all your competitors within 20 miles lost power. All their product has melted. Now it's just you, your little ice cream shop, and a town of, say, 30,000 sweltering potential customers. What's your next move? Hold that thought for a minute...
Imagine it's 2014. You run a hedge fund that has acquired 30,000 single-family houses all across America. You've rented them to people who either lost their homes due to foreclosure or maybe just have poor credit. Either way, these folks have no choice but to rent for the foreseeable future. To everyone's surprise, the economy is now in recovery, unemployment is headed down and interest rates have just started creeping up. What's your next move?
Next to lawyers and car salesmen, no other profession has a worse public image than the home repair contractor. Just ask around and you'll hear plenty of tragic tales of appointments missed, invoices inflated, and budgets overshot.
But consider for a moment the hundreds of thousands of capable professionals who work everyday — fixing our toilets, repairing our AC units, ridding our homes of pests — without any drama whatsoever.
Sure, catastrophe makes for jucier headlines and better stories. But most contractors really want to deliver top quality service. They just need their clients to understand some of the the unwritten rules of the business.
So here for your enlightenment are the 3 Key Truths that your home improvement contractor needs you to understand:
Owner Finance ATLANTA still does not charge processing fees to get you approved. However, SmartMove does charge a $30 fee for each applicant. This payment is made directly to SmartMove and no part of this fee comes to us.
You saw the perfect new home on Rentals.com. Maybe you spoke to the landlord. Perhaps you even saw the house and submitted an application. But somehow you never got the call that says "It's yours. Come and get it."
A week goes by and suddenly the ad disappears. Then you drive by the house and see that the new residents are moving in. What's going on?
You remember the housing crisis, don't you? Plenty of ink has already been spilled covering the Great U.S. Real Estate Bubble and the subsequent housing meltdown that continues to this day. Home foreclosures have surged nationwide, and in many ways Metro Atlanta was ground zero for the whole disaster.
Well, that was the old housing crisis.
What we’re seeing now is something very different and very relevant for those considering buying or investing in residential real estate. We're referring specifically to the Atlanta market and more generally about the South, but we’re seeing this playing out across the U.S.
Believe it or not, Metro Atlanta is now facing a housing shortage.