News Press
Did you know that in Memphis, failing to repair hot water could result in serious legal issues for landlords? How long do landlords have to fix hot water is a question that renters and property owners alike must know the answer to. With clear laws in place, landlords are on a ticking clock. If tenants are left without hot water, daily life becomes a challenge. Showers, dishwashing, and even heating homes rely on that constant flow. So how long is too long before things go wrong? Let's get straight into what Memphis rental laws have to say. Lega…
Continue Reading...According to Point2Homes, rental units make up 53% of Memphis housing. And with each of those comes a lease agreement that often needs to be amended. Do you need to make changes to your rental agreement but aren't sure how to go about it? Whether it's adjusting rent or adding new tenants, incorporating an addendum to lease agreement is a practical way to update the terms without rewriting the entire contract. Let's look into how to create and implement an addendum, ensuring clarity between tenants and landlords. What is an Addendum to Lease Agr…
Continue Reading...Broken toilets. Leaky pipes. No heat in the winter. Do any of these sound familiar? They're the worst. But wait... there's something even worse: Submitting a maintenance request, only to be ignored by your property manager. It's a frustrating experience many tenants face, especially when essential repairs or issues go unresolved. Wondering what to do when your property manager ignores you can leave you feeling powerless. Today we're taking a closer look into the steps you can take to address this problem, from documenting the issue to seeking o…
Continue Reading...According to FirstStreet.org, Memphis, TN, has a "major Heat Factor" that puts 75% of the city's homes at risk of heat. It also says that this year, the city may experience up to 58 days with temperatures between 90º and 100º Fahrenheit. Worse, the city may see up to 42 "dangerously" hot days with temperatures exceeding 100º. Considering those figures, air conditioning use will likely increase among the city's residents, including renters. As a rental property owner, reading that may have made you wonder, "Do landlords have to provide air condi…
Continue Reading...According to ZipRecruiter.com, the average annual pay of Tennessee landlords is $75,608 yearly. In Memphis, that amount increases to $85,718, or over $10,000 more! So, if you have an empty property in the Home of the Blues, consider renting it to generate extra income. But before you do, it pays to understand Memphis rental laws and landlord responsibilities first. One such responsibility is to know the answer to the question, "Can a landlord enter without permission?" The simple answer is yes, but only under certain conditions. In this guide, …
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