News Press

Why do some property managers struggle with high tenant churn and low tenant satisfaction? According to Mashvisor, rental yield in Memphis averages nearly 8%, meaning it's a great potential source of income for property owners. But that's only if you can keep tenants happy! Strong renter relations can be the key to resolving these challenges. Improved communication and trust between tenants and property managers can lead to higher lease renewal rates and better community satisfaction. Today, we're taking a closer look into why renter relations …

Has your tenant asked you to write a reference letter and you don't know where to begin? In Memphis, landlords should know how to create effective reference letters. They help evaluate potential tenants and assist former tenants in securing new homes. How can you write perfect letters and get the most out of the ones you receive from other landlords? Read on for our tenant reference letter guide so you'll be up to speed with the top tricks and best practices. What Is a Tenant Reference Letter? A reference letter for tenants is a document writte…

In 2023, more than 13 million people visited Memphis, according to Memphis Tourism, highlighting the appeal of the city and the wider area. With tourism booming, many property owners are turning to short-term rentals as a profitable option. However, whether you're renting out a downtown apartment or a historic home in Overton Park, having a solid short term rental agreement is crucial. This agreement not only protects your property but also ensures a smooth experience for both you and your guests. Here at Reedy & Company Realtors, a leading…

According to Pew Research, there are nearly 48.2 million individual rental units in the United States. Whether you own one rental property or a whole franchise of apartment buildings, you're likely always looking for ways to increase property management efficiency. If you haven't already, you should seriously consider bringing your rental property into the digital age with an online tenant portal. But what does a tenant portal even do? And how does it help your property increase its efficiency? In this property management solutions guide, we'll…

According to AP News, it's estimated that nearly 3.6 million eviction cases are filed each year. Now there can be a lot of different reasons for an eviction. Often it's simply due to nonpayment during tough financial times. However, more insidiously it can be because a tenant with a criminal history is violating your property. Since evictions can be expensive, it's vital that you do everything in your power to avoid this. That means conducting a tenant criminal background check. But how do you go about conducting one of these checks in Memphis?…