Memphis Property Management Blog

Pros and Cons of Allowing Pets in Your Memphis, TN Rental Property

Did you know that 38.4% of US households own a dog and 25.4% of US households own a cat? These large numbers may have you wondering whether or not you should allow pets in a rental property.Allowing pets in your rentals is a decision that you must carefully consider, as it comes ...

How to Get Tenants to Renew Leases in Memphis, TN

Picture this, you have a multi-unit apartment building in Memphis, TN. It's fully occupied, and all your tenants are great, paying rent on time and following all your rules.They're on a one-year renewable lease, which is expiring for most of them. Upon expiry, you realize...

How to Avoid the Common Mistakes Commercial Property Owners Make

Owning commercial property can be a lucrative venture, but navigating the world of real estate isn't without its pitfalls. In the quest for success, many commercial property owners unwittingly stumble into common traps that can cost them dearly.Whether you're a seasoned r...

Real Estate Investing: Choosing the Right Neighbourhood in Memphis, Tennessee

Picture this: you're embarking on a thrilling journey into the world of real estate investing, with dreams of building wealth and securing your financial future.But before you dive headfirst into this exciting endeavor, there's a crucial decision to make - the choice of t...

Navigating Lease Administration: Essential Steps for Successful Property Management

If you're a real estate investor in Memphis, then you may want to consider leasing out your properties to ensure long-term income.However, one of the major challenges with leasing properties includes tenant relations and rent collection. You need to make sure that your lease ...

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

When was the last time you read a website's terms and conditions before hitting accept? Most people these days are accustomed to accepting these agreements without even reading the fine print. This leaves you open to the other party taking advantage of you and your circumstan...

Flipping Properties for Profit in Memphis, TN: Strategies and Success Stories

When you're interested in real estate investing, flipping is one of the most common ways to turn a profit. With this in mind, Memphis is an excellent place to turn when you're trying to get the most from your property.Memphis is the 27th largest city in the country, and g...

Top Tips for Buying a Home in Memphis, TN: A First-Time Buyer's Guide

With 3,445 active homes for sale in Memphis, TN available at the end of July 2023, you still have many options when it comes to home buying.But if this is your first time going house hunting, then you might not know where to start, how to pick a home, and what it takes to buy one...

Property Marketing: How to Attract Tenants in a Tough Market

Property investors need to always follow some steps that will reap rewards. A big part of this is making sure you handle your property marketing as effectively as possible.The population of Memphis grew by 9.5% in a 5-year span and is one of the cities that millennials are flocki...

A Guide to Rental Property Accounting

Did you know Memphis's median monthly rental amount is just under $1,000?That's plenty of potential income month after month. Proper accounting is essential for managing your rental properties. It's the backbone of financial success for any property investment.Are you...