Calculating How Much Rent to Charge for Your Nashville Investment Property

Calculating How Much Rent to Charge for Your Nashville Investment Property - Article Banner

Rents have been going up steadily in Nashville, and that’s good news for owners who have a home to rent out. 

To calculate how much rent to charge for your Nashville investment property, you’ll need to study the market. Get an idea of what homes similar to yours are renting for. Then, compare your homes to those. Is there any reason that you might have to charge a bit less or maybe a bit more?

Ultimately, the Nashville rental market drives your rental value. Here’s how to decide what you can charge.

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What Should You Consider Before You Buy An Investment Property in Nashville, TN?

What Should You Consider Before You Buy An Investment Property in Nashville, TN? - Article Banner

There are several good reasons to buy an investment property in Nashville. This is a strong market right now, and investors from all over the world are taking an interest in the opportunities available here. When you invest in rental properties, you set yourself up for some long-term ROI as well as consistent rental income in the short term. There are tax benefits and increasing home values. 

To invest successfully, however, you have to make sure you’re ready financially and personally. You have to be willing to surround yourself with professionals who can ensure you have a good experience. Otherwise, you’ll find you have wasted a lot of money and other resources. 

Here are some of the things to consider before you buy an investment property.

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Should I Expect to Hear from My Property Management Company About Everything? | Communication Needs

Should I Expect to Hear from My Property Management Company About Everything? | Communication Needs - Article Banner

As you begin working with a Nashville property management company, you may be wondering how often you’ll hear from your management team. 

Every property manager delivers their services differently, but here’s what you can expect when you work with Omni Realtors & Property Management: We value communication and we’re responsive and accessible. However, we won’t bother you every single time something comes up at your property. 

You’re trusting us to take care of your investments, and that’s what we’re going to do. You can expect to hear from us when we need you to make a decision, or when there’s a large expense that needs your approval. 

Here’s some more detail on how we approach communication and decision-making. 

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Investment Property Inspections: What, When and How Often?

Investment Property Inspections: What, When and How Often? - Article Banner

Your Nashville investment property needs to be inspected more than once every few years. Even if you have great tenants in place who never request a single repair – you’ll want to get inside and make sure everything is in good shape. 

But, how often can you inspect without invading the tenant’s privacy? When are the right times to inspect before, during, and after a lease? And, what should you be looking for?

We answer those questions in today’s blog, which focuses on investment property inspections. 

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Is There Anything a Nashville Property Manager Can Do About Noisy Neighbors?

Is There Anything a Nashville Property Manager Can Do About Noisy Neighbors? - Article Banner

Noisy neighbors are difficult to deal with, especially for the tenants who are living in a Nashville rental property. Typically, this is a challenge that multi-family residents and apartment dwellers struggle with, but single-family homes are close enough together that loud music, barking dogs, and other types of noise and disruptions can be a problem. 

As a Nashville property manager, we’re often called upon by tenants to help them deal with noisy neighbors. There’s not always a lot we can do, especially if the offending neighbor isn’t one of our tenants. 

Here’s how we recommend such situations get handled. 

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