News Press
Reedy and Company Realtors, a Memphis property management company, recently announced the purchase of two new multi-family properties. The effort, led by Jim Reedy, is a new direction for the company to complement their single-family portfolios. "As the single family home market gets tighter and tighter, our investors and myself are looking for ways that we can still function inside the rental market here in Memphis. The multi-family purchase is something that is not new, but is becoming more and more prevalent for our investors to look at as a…
Continue Reading...Attracting new occupants as well as keeping the current occupants are some of the benefits of renovating your rental property. That sounds easy, right? But, not so much when you have to decide on what quality of upgrades you want, the kind of materials needed, and other little details. It’s almost like having to choose between six and half a dozen. The options really do look very similar at first, which makes it more difficult to decide but, sooner or later the difference becomes glaring. At Reedy and Company Realtors, we’ve got you covered! We…
Continue Reading...We are happy that you’ve finally decided to hire a property manager this year. It's good to note that property management companies differ both in level of experience and in the fee charged. While some companies use modern technology, others hang on to the same old pattern of operation. You should use the same level of diligence employed in building your investment property to choose a property management company because, as the saying goes “anything worth doing is worth doing well” and also, the daily care of your investment lies on the should…
Continue Reading...CNN recently released a travel report on the most popular destinations during the month of May. Memphis, Tennessee ranked #1! For those of us that live here, that comes as no surprise at all. Some of us wait all year for May, and Memphis celebrates the entire month. Let’s face it, Memphis winters can be pretty miserable. We don’t get enough snow to make it picturesque, and the temperatures fluctuate too much to stay inside and cozy. Instead what you get is a sort of gray, rainy, chilly mixture that can wear you down over a couple of months. The…
Continue Reading...Most landlords usually have their hands full with various tasks such as collecting rent, ensuring that units are filled, keeping up with maintenance, etc. Wouldn’t you rather have someone else take care of all that and more? Hiring a property management company to manage your rental properties is ideal as it’ll give you the opportunity to relax and enjoy your residual income. There are many reasons why you should hire a property manager. Below are some of the tasks you’ll cease to bother about if you hire a property management company. 1. Rent …
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