News Press

A Bankrate post citing the U.S. Census Bureau reveals that 85.6% of U.S. rental properties are single-family units. Many owners rent them out to generate passive income. They lease to tenants, collect rent, and build wealth over time. If you own a single-family home, you might consider renting it out. However, you may be wondering, "Can you rent a single-family home to multiple tenants?" A shared rental can bring in more money. Splitting rent among tenants lowers costs for each person. It also reduces vacancy risks. Memphis rental regulations s…

Are you a rental property owner struggling to keep track of your finances? Efficient financial management is essential for the success of your rental business. Manual methods of managing finances, such as spreadsheets, are challenging to scale, prone to errors, and time-consuming. According to Fortune Business Insights, the global property management software market is expected to rise at a CAGR of 10.1% from 2024 to 2032. Rental property bookkeeping software provides valuable insights into your rental business while improving accuracy and auto…

Your tenant wants to stay. You want them to stay. Everyone's happy - until the boiler breaks, the rent's overdue, or a pet shows up uninvited... all because the lease renewal was slapped together like an afterthought. Lease renewals aren't just housekeeping. They're your chance to update rent, tighten responsibilities, adjust for market shifts, and avoid messy surprises. A well-crafted lease renewal keeps the peace and keeps things profitable, without the future headaches. How do you pull it off? Let's go through what to include in a Memphis le…

According to research by Moody's, shared by JPMorgan, Memphis multifamily rent prices soared by an impressive 82% from 2013 to 2023. Such impressive growth signals promising opportunities, especially for those interested in luxury real estate investment. From upscale historic neighborhoods to modern luxury developments, Memphis offers diverse investment options for discerning buyers. Whether you're a seasoned investor or looking to diversify your portfolio, Memphis has something for you. Still, finding the right luxury property requires careful…

For decades, real estate has been one of the best ways to invest. But nearly every property owner has lost money on at least one deal. Often, that loss could have been avoided with a rental property valuation. A lack of information can lead to poor decisions or missed opportunities. Having a full picture of your property allows you to get the best return. Once you have an investment property value assessment plan in place, it'll be a key part of your business. Check out these strategies to get the most out of this valuation. Importance of a Pro…