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Renting a new home can be exciting, but moving, in general, is often stressful. Working with landlords and rental companies should be a pleasant, easy experience for everyone involved, but half of this relationship is in your hands. Here are a few tips on how to be a good tenant to ensure a great experience in your new home: Read your lease This doesn’t mean skimming the sections that seem important - really buckle down and read the whole thing. It may seem tedious, but reading your lease is an important first step to being a good tenant. You…

If you invest in multiple properties, then you are aware of all the work that goes into keeping them in top shape. Whether a tenant causes damage or things happen due to the normal wear and tear that comes with age, an investor must always ensure that the properties are well maintained. Here are at least 5 common repairs you can count on Reedy and Company Realtors, LLC to do to maintain your rental portfolio. Drywall Everyone knows that a damaged wall will negatively impact your ability to show off your property. Yet, finding a hole in the dryw…

Already the most populated city in Tennessee, Memphis is gaining recognition as one of the most up-and-coming cities in the U.S. Known for being a hub for blues and barbeque, the city has seen increased development, with a growing business community and revitalization projects across the downtown area. Major companies, architecture firms, and investors are all working to make Memphis the next “it” city in the image of cities like Austin, Nashville, or Denver. With an average of 218 sunny days annually and a comfortable Southern climate, Memphis…

Reedy and Company Realtors, LLC, an innovative and forward thinking property management company, is delighted to announce a new and valuable bonus amenity that they are providing to tenants. Tenants, whose homes have an HVAC system, will now benefit from custom-fit HVAC filters delivered approximately every 60 days, with the cost built into their monthly rent. As well as ensuring that their HVAC system is working to maximum capacity, residents on average will also benefit from an estimated 5 to 15% decrease in heating and cooling bills. In addi…

Late payments are a hassle, and while they are not always avoidable, especially with larger properties, reducing them can help improve cash flow and reduce tenant turnover. Late payments can even result in your own bills not being paid. Here are five ways to either reduce late payments or mitigate the issues they can cause. Adjust the due date of your mortgage. If you are renting a house and count on the rent being in the bank when the mortgage bill comes in, then implement a policy that moves your payment due date to best align with your rent…