News Press

In the non-bubble market, Memphis Real Estate will go any length to ensure you can afford the house it is offering you--so invest and you'll be glad you did. Single family homes in Memphis typically cost less than the U.S. national average. It has also grown into a suburban city. When you compare 43% of Memphis rent with 33% of U.S. cities you will see that investing in rental property in the Memphis real estate market is more rewarding. In addition, there are less homeowners than renters in the Memphis area leaving plenty of tenants to reduce …

Amazon is set to open a new distribution center in Memphis, TN. The facility will bring approximately 600 jobs to the area - based on the application Amazon submitted to the Economic Development Growth Engine for Memphis and Shelby County. The $10 million building permit was filed on Tuesday for the development of 5155 Citation Drive in Memphis by Catamount Constructors Inc. The constructors also built Amazon’s first Memphis fulfillment center location in Lebanon, Tennessee. The new distribution center will utilize the 400,000 square foot build…

The importance of carrying out inspections on your rental property cannot be overemphasized. Chances are that you may fail to notice some problems that could be potentially dangerous had you inspected regularly. However, it is important to find the right balance as you don’t want to perform inspections too often. So, how often is not too much –how do we balance it? In the lease agreement, including verbiage in regards to your inspection policy and cadence is a good idea. In theory, you have the freedom to visit your rental properties whenever y…

The decision to hire a property management company to handle your rental property is a huge one, especially in the Memphis area. Tenant satisfaction, steady inflow of rent, dependable communication, as well as proper care of your property are some of the qualities you should look out for in hiring a property manager. Any property management company you hire must be able to carry out the following: Market to and screen prospective clients successfully Ensure payment of rent promptly and processes for when it isn’t Be able to inspect your proper…

The City of Memphis recently acquired state approval to begin spending on tourism development dollars on an aquarium and riverfront museum on Mud Island. Bass Pro Shops at the Pyramid, the Pinch District and the Memphis Cook Convention Center are the existing Qualified Public Use Facilities of the Downtown Tourism Development Zone (TDZ), which collects the state portion of sales taxes and refunds them to the city to spend on improvements to approved public facilities within the boundaries. One concept submitted as part of the TDZ amendment sugg…