Tips For Professional Property Management
At CrestCore, we love sharing our knowledge and expertise. Education is a big part of what we do here. See our Memphis property management blog, below, if you have any questions at all about property management, real estate, or how to invest.
Anyone who wasn’t already utilizing the technology available to the Memphis property management industry learned during the pandemic that automation and innovative software is critical to the effective and efficient leasing and management of rental properties. It also helps with maintenance, documentation, and communication.
When you’re investing in a Memphis rental property or preparing to rent out a home that you already own, it’s rare that major renovations will need to be made. Typically, the homes we welcome into our portfolio are well-maintained and in good shape.
When you’re renting out a Memphis property, there’s a huge effort put into finding a tenant. That’s obviously important, but what a lot of property owners tend to forget is that it’s just as important to keep that tenant in place. Good tenant retention contributes to better cash flow and higher ROI. It creates stability for you and your rental property.
Memphis landlords and rental property owners can begin to evict nonpaying tenants again.
Memphis is an excellent market for investors, and if you’re thinking about buying your first property or adding to a growing portfolio, we hope you’ll consider our city.
If you tell your friends you’re considering investing in real estate rental properties, you’re likely going to hear a wide assortment of reasons why you shouldn’t do it. Most of these reasons will follow the typical horror story—tenants can make life challenging. They...
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If you’d like to learn more about our properties and what it’s like to work with CrestCore Real Estate Services, get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.