Is It a Good Time to Buy Investment Properties?
July 15, 2022 The Nashville housing market was going strong even during the pandemic, when most businesses struggled to grow. The rapid growth in the local real estate market and the surging demand for rentals indicate that purchasing a Nashville investment property can be lucrative in the long run.
However, are these factors enough to decide if you should
Read More
When Can I Expect to Turn a Profit? How Long Before I Return on My Investment? | Nashville Property Manager Expectations
July 8, 2022 Investing in Nashville real estate provides some great opportunities for earning money and building wealth. A lot of the owners we talk to want to know when they can expect to begin making money off their investment property.
Here’s the truth: You make money as soon a
Annual Budgeting for Your Nashville Investment Property Maintenance
July 1, 2022 Maintenance will be required at some point, no matter how new your rental property happens to be. Whether it’s a small leak or a new roof, you need to be prepared for those property repairs. Budgeting and planning is essential. You don’t want to be left with an expensive repair and no way to pay for it. Today, we’re sharing some tips on how to plan for those maintenance expenses.
The No. 1 Reason Rental Owners Fire Property Managers (& How to Avoid It)
June 24, 2022 There are a lot of reasons that unhappy owners and investors might fire their Nashville property managers. Maybe maintenance costs are too high and repairs are too frequent. Maybe the rent consistently comes in late and there is no lease enforcement. Some owners leave property managers because reported financials
Calculating How Much Rent to Charge for Your Nashville Investment Property
June 17, 2022 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 Should You Consider Before You Buy An Investment Property in Nashville, TN?
June 3, 2022 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
Nashville market still heating up
June 1, 2022 May 2022
The Nashville housing market is heating up for summer, continuing it's steady rise over the past 3 years. This, according to a recent article from The Tennessean. At the beginning of the year, the median home sale price in Nashville was around $400,000. Just last month, the median sale price passed $450,000. Sales transactions are down almost 4%
Should I Expect to Hear from My Property Management Company About Everything? | Communication Needs
May 20, 2022 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 &
Investment Property Inspections: What, When and How Often?
May 6, 2022 Your Nashville investment property needs to be inspected more than once every few years. Even if you hav
Is There Anything a Nashville Property Manager Can Do About Noisy Neighbors?
April 22, 2022 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
Read More
Spring is here!
April 11, 2022 April 2022
Spring is here, and it's finally starting to warm up in Middle Tennessee. Trees are in bloom and birds are chirping, but Spring also means it's time for some important seasonal maintenance for your rental:
Gutter Cleaning & Roof Inspection
You already know to clean your gutters in the fall, but it’s important to clean your gutters before and after the wet seasons. After all, winter storms can bring along loose debris. Check your gutters and the downspou
Nashville homes selling faster than ever
April 11, 2022 March 2022
The Nashville real estate market is continuing to break records, according to a recent WKRN.com article. Sales are closing in a mere 14 days, down from 16 days just last month. Additionally, the median sales price in Nashville has reached a record high of $428,000, which is a 26% increase over last year. Despite this, p
What Happens If Tenant Damage to Your Nashville Rental Property Costs More Than the Security Deposit?
April 8, 2022 A lot of Nashville rental property owners are concerned that tenants will leave behind property damage that exceeds the amount of the security deposit. The good news is this: We rarely have that happen. As long as you’re screening tenants well, inspecting the proper
How Nashville Landlords Can Best Avoid Security Deposit Disputes
March 25, 2022 You can have a great relationship with your Nashville tenants throughout the lease period and then still find yourself in the middle of a security deposit dispute after that tenant has moved out.
Security deposits are easy to argue about
What Is The Difference Between Wear & Tear and Property Damage? | Nashville Landlord Education
March 11, 2022
There’s a difference between normal wear and tear and tenant damage, but coming up with a precise definition is sometimes hard. The courts don’t even agree all the time. So, when you’re renting out a property, you’re often left to your best judgment about what qualifies as damage that could have been avoided during a tenancy.
As a
Read More
