Memphis Property Management: A Guide to Hiring the Best Memphis Property Managers
As a landlord, owning a rental property in Memphis, TN Property Management Companies, can be a great way to generate passive income. However, managing rental properties can be time-consuming and overwhelming. That’s where Memphis property management companies like Reed Associates of TN, LLC come in. In this article, we will explore the benefits of hiring a Property Manager, what services they offer, and why Reed & Associates is the best choice for your Memphis Property Managers needs.
Why Hire a Memphis Property Manager?
Managing rental properties can be a full-time job, especially if you own multiple properties. A property manager can take care of all aspects of managing your rental properties, including marketing, tenant screening, rent collection, maintenance, repairs, and accounting. Here are some benefits of hiring a Memphis property manager:
Save Time and Effort: A property manager can handle everything from finding tenants, collecting rent, and handling maintenance and repairs, freeing up your time and effort.
Legal Compliance: A property manager is familiar with landlord-tenant laws and can help ensure you comply with local, state, and federal regulations.
Better Tenant Screening: A property manager can help you find the best tenants for your property through thorough tenant screening, which includes background checks, credit checks, and rental history verification.
Rent Collection: A property manager can handle rent collection, ensuring that you receive your rental income on time.
Property Maintenance and Repairs: A property manager can handle all aspects of property maintenance and repairs, ensuring that your property is well-maintained and in good condition.
What Services Do Memphis Property Managers Offer?
Memphis property managers offer a wide range of services to landlords, including:
Leasing: Properties are advertised on multiple internet sites, and tenants are screened through a thorough background check process.
Management: Rent collection, tenant communication, account monitoring, eviction processing, and renewal inspections are all handled by the property manager.
Repairs: Maintenance, preventative maintenance contracts, and make-ready work between tenants are all handled by the property manager.
Accounting: Monthly reports, twice-monthly owner payment schedules, owner direct deposit, secure online owner portal, and annual statements and tax forms are all handled by the property manager.
Why Choose Reed & Associates as Your Memphis Property Manager?
Reed & Associates of TN, LLC is a Memphis property management company with over 30 years of experience managing single-family homes in Memphis, Shelby County, and North Mississippi. As members of the National Association of Residential Property Managers (NARPM) and the Memphis Area Association of Realtors, we specialize in providing a custom boutique experience to our clients.
We believe in proactive communication with our clients, providing a high level of service to your investment. When you work with us, you get the owners and our local property manager, not a VA in a foreign country. We focus on providing a simple straightforward plan with no hidden fees. Our goal is to help our clients increase scale and become passive investors.
Our services include:
Leasing: Properties are advertised on multiple internet sites, and tenants are screened through a thorough background check process.
Management: Rent collection, tenant communication, account monitoring, eviction processing, and renewal inspections are all handled by the property manager.
Repairs: Maintenance, preventative maintenance contracts, and make-ready work between tenants are all handled by the property manager.
Accounting: Monthly reports, twice-monthly owner payment schedules, owner direct deposit, secure online owner portal, and annual statements and tax forms are all handled by the property manager.
Why Hire Memphis Property Management?
Hiring a property manager can be a significant investment for your business. However, the benefits of hiring Memphis Property Management far outweigh the costs. Here are some reasons why you should consider hiring a property manager:
Expertise:
Memphis Property Managers are experts in their field. They have the knowledge and experience necessary to manage your property efficiently. They are members of the National Association of Residential Property Managers, the National Association of Realtors, and the Memphis Area Association of Realtors. Additionally, their brokerage is licensed in Tennessee, Mississippi, and Arkansas. They leverage their network of contractors, repair vendors, landlord/tenant attorneys, and real estate attorneys to help you get the best results for your investment.
Experience:
Reed Associates of TN, LLC has combined 40+ years of real estate and property management experience. They have managed thousands of single-family rentals in Memphis Metro Area and North MS over the past 20+ years. With a vacancy rate of less than 2% and an average of 98.6% gross rents collected, they have a proven track record of success.
Results:
Memphis Property Managers offer professional management for your properties, allowing you to increase scale and become a passive investor. They have helped hundreds of successful clients with closings (buyers and sellers). By providing high-quality service, they have earned a reputation for excellence in the industry.
Our Guarantees:
We know your investment is important, so not only do we manage it as if it were our own, but we protect it with our service guarantees so you can focus on what is most important.
What Does Memphis Property Management Offer?
Memphis Property Managers offer a comprehensive range of services to help you manage your property efficiently. Here are some of the services they provide:
Leasing:
Memphis Property Managers will advertise your property on multiple internet sites and provide rent match market reports. They use self-showing technology with 7-day-a-week showings, thoroughly screen tenants, and prepare and sign leases with tenants.
Management:
Memphis Property Managers will handle rent collection, tenant communication, account monitoring, eviction processing, and renewal inspections.
Repairs:
Memphis Property Managers will take care of maintenance/service calls, preventative maintenance contracts, make-ready work between tenants, and value-add upgrades.
Accounting:
Memphis Property Managers will provide monthly reports, twice monthly owner payment schedules, owner direct deposit, a secure online owner portal, and annual statements and tax forms.
CONTACT US:
ADDRESS: 269 Germantown Bend Cove Cordova, TN 38018
PHONE: 901–499–2398
Office: (901) 758–1133
Leasing: (901) 444–3735
Property Management: (901) 758–2511
Real Estate Investors: (901) 754–5209
https://twitter.com/ReedMemphis
https://www.youtube.com/user/MyReedHome
https://www.facebook.com/reedandassociates
