Reedy & Company helps property owners transform rentals through professional property rehab and reliable property improvement services. Our team ensures that every project adds value, attracts quality tenants, and supports long-term investment success.
In fact, nearly half of U.S. homeowners are planning renovations in 2025, according to This Old House, showing how important it is to keep properties modern and competitive. With more than 40 years of experience and a 100-person staff managing over 3,500 homes across Memphis, we bring unmatched expertise to every project.
From coordinating contractors to ensuring market-smart upgrades, we handle the details so you can enjoy the results. Choosing Reedy & Company means working with a trusted partner that understands both local needs and investor goals.
Let us help you maximize your property’s potential with confidence and care.
What does it mean to rehab a rental property?
Rehabbing a rental property means making improvements that restore, upgrade, or modernize the home. This can include basic repairs, safety updates, cosmetic changes, or complete renovations, depending on the property’s condition. Examples can include:
- Fixing plumbing or electrical systems
- Replacing flooring
- Painting walls
- Installing updated appliances
These changes help ensure the property meets current standards while also appealing to prospective tenants.
Here at Reedy & Company, we handle every step of the property rehab process. Our team evaluates the home, identifies the areas that need attention, and manages the improvements in line with both budget and goals. Owners can trust us to make smart recommendations that keep properties safe, attractive, and competitive in the Memphis rental market.
Why should landlords rehab their properties?
Rehabbing a rental property offers clear benefits for landlords. A well-maintained and modern unit is more attractive to quality tenants, which reduces vacancy time and minimizes tenant turnover. When tenants are happy with the condition of their home, they are more likely to stay longer and care for the property, which leads to more reliable rental income.
Upgrades and repairs also boost rental value, as tenants are often willing to pay more for homes that feel updated and safe, giving owners stronger returns on their investment. At the same time, making improvements early can prevent bigger problems down the line. Fixing small issues before they become major repairs saves time and money in the long term.
Reedy & Company ensures that every rehab project aligns with current market demands. Our knowledge of Memphis neighborhoods allows us to recommend improvements that deliver the best return, from cost-effective updates to higher-value upgrades. This guidance helps landlords maximize both immediate rental income and long-term property appreciation.
How can a property management company help with rehab?
Many landlords find that handling a rehab project on their own can be stressful and time-consuming. Coordinating multiple contractors, checking for quality, and staying on schedule often takes more time than most owners have available. This is especially challenging for out-of-state investors who cannot be on-site.
A property management company like Reedy & Company removes that burden. Our experienced team oversees the entire process, from hiring and supervising contractors to ensuring projects are completed on budget and on time.
With a 100-person staff and decades of local expertise, we have the scale and resources to manage projects efficiently and with high standards.
By trusting our team with rehab services, landlords gain peace of mind knowing that every detail is handled professionally. We make it simple to upgrade a property, improve tenant satisfaction, and protect an owner’s investment.
Frequently Asked Questions
Property owners often have specific questions about the rehab process, from costs to timelines. Below, we’ve answered some of the most common concerns to help you understand what to expect when working with Reedy & Company.
How Much Does It Cost to Rehab a Rental Property?
The cost of rehabbing a rental property depends on the size of the home, the condition it is in, and the scope of the improvements. Small cosmetic updates like fresh paint or new flooring can be affordable, while larger projects such as kitchen or bathroom remodels require more investment.
We help owners set realistic budgets and connect them with trusted contractors to ensure projects stay cost-effective without sacrificing quality.
How Long Does a Rental Rehab Take?
The timeline for a rental rehab varies based on the amount of work needed. Minor updates can be completed in a few days, while full-scale renovations may take several weeks. Factors such as contractor availability, supply deliveries, and weather conditions can also influence timing.
Reedy & Company coordinates every stage of the process to keep projects moving efficiently and minimize downtime so owners can get their property back on the rental market quickly.
What Upgrades Add the Most Value to a Rental Property?
Some of the best upgrades for increasing rental value include modern kitchens, updated bathrooms, durable flooring, and energy-efficient appliances. Fresh paint, new lighting, and improved landscaping can also make a big difference in curb appeal.
Our local market knowledge allows us to guide owners toward the improvements that Memphis tenants value most, ensuring each dollar spent adds real return.
Is Rehabbing a Rental Property Worth It for Long-Term Investors?
Yes, rehabbing a rental property is often one of the smartest decisions for long-term investors. Upgrades increase property value, attract reliable tenants, and reduce maintenance costs over time. While the upfront expense may feel significant, the returns in rental income and appreciation usually outweigh the initial investment.
We work closely with investors to identify which rehab projects will maximize both immediate rental potential and long-term portfolio growth.
Property Rehab With Reedy & Company
Reedy & Company is dedicated to helping property owners achieve success through professional property rehab and tailored management services. Our experienced team delivers trusted home renovation solutions that improve rental value, attract quality tenants, and protect long-term investments.
With several decades of experience in the Memphis market and a staff of over 100 specialists, we provide the knowledge, resources, and support needed to complete every project with confidence.
If you’re ready to upgrade your rental and maximize its potential, contact Reedy & Company at (901) 842-0805 or click here to get started.
