Managing Mortgage Rates: How to Factor for Long-Term Uncertainty
For many would-be homebuyers, high-interest rates hold them back from the real estate market. After years of near-record lows, interest rates are now hovering near 8% for a 30-year mortgage.Interest rates drive up your monthly mortgage payment. They directly impact whether you ca...
Successful Commercial Real Estate Investing Tips, Nashville, Tennessee
Welcome to Music City, where the real estate stage is set for a symphony of success! Nestled in the heart of Nashville, Tennessee, the booming commercial real estate market is a crescendo of opportunity for savvy investors.So, how do you capitalize on this growing market? We'...
The Importance of Property Inspections: Ensuring Compliance and Maintenance
If there's anything that strikes fear into a tenant's heart, it's this two-word phrase: property inspections.Often, tenants will work the situation up in their heads, believing that their property managers are looking for reasons to fine or otherwise penalize them. Th...
Financial Reporting Made Easy: Effective Budgeting and Reporting for Property Managers
If you've considered working in Nashville property management, you know that you're in for a lucrative career.So what's stopping you? There's one major factor that holds many would-be investors back from getting started. You need to understand effective budgeting ...
New Construction Homes: What to Know Before Buying off the Plan in Nashville, TN
As of June 2023, new house builds were up 6% over the same point in 2022.There are plenty of ways to invest in real estate, and new construction homes are one of the most promising types of properties you can buy. It's an option you should consider, but before you commit to b...
Apartment Hunting 101: Tips for Finding the Ideal Rental in Nashville, TN
Given Nashville's growing popularity, finding the perfect rental can be difficult. Nearly 36,000 people moved to the state's largest city last year, increasing the population to 692,501.There are countless reasons why Music City is seeing an influx of new residents. Its n...
3 Effective Strategies to Ensure Tenant Lease Renewals
Many new property owners don't realize all the costs that can go into managing a rental property, such as:Taxes on the buildingInsuranceUtilities, especially during vacanciesTenant turnover can also be a major drain on your finances, with each search for a new resident costin...
How a Property Manager Can Help You Protect Your Nashville Investment Property
Recent data shows that apartment rents are soaring in Nashville. In the last year, they have increased by 29%.It's an excellent time to have a Nashville investment property and profit from rental income. While the market conditions appear bright, managing your rental property...
Having tenants in our rental properties can be great things when we
go through the proper suggested tips to find the perfect fit, but just
like in anything, there can be ups and downs. Sometimes we find ourselves
in situations that are not ideal and we have to start askin...
Most tenants sign a lease for a year at a time. This ensures that for that
year, a steady income can be counted on and decisions for either finding new
tenants or continuing a lease can be thought out and planned on. This helps
landlords rest easy in tenant stability for ...