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Blog Post How to Conduct an Accurate Rental Analysis in Nashville, TN

How to Conduct an Accurate Rental Analysis in Nashville, TN

Want to know more about the income potential of your Nashville rental? If so, the first thing you should do is conduct a rental market analysis (RMA).A good way to think of an RMA is as a rental market forecast. It allows you to examine all the factors that influence your rental,...
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Blog Post Tips for Rental Property Accounting Records

Tips for Rental Property Accounting Records

Over 20 million of America's rental properties are owned by individual investment landlords or "mom-and-pop" landlords, and most people start with only one property. Managing your own rental property accounting is simple and cost-effective when you only have one uni...
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Blog Post Rental Leasing: Decrease Vacancy With Creative Leasing Strategies

Rental Leasing: Decrease Vacancy With Creative Leasing Strategies

The rental vacancy rate in Nashville, TN, is currently 7.9%, much lower than in 2010, but still higher than the national average. This is largely due to new residential construction projects.If you're a landlord in Nashville and you want to compete with these shiny new units,...
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Blog Post How Section 8 Decides if Your Rent Is Reasonable

How Section 8 Decides if Your Rent Is Reasonable

Less than 3% of the population in the United States find themselves living in government housing, otherwise classified as Section 8 housing.If you're applying for housing under the government, you're going to need to know that there are some guidelines that will need to b...
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Blog Post Tenant Portal: Benefits of Online Portals for Owners and Tenants

Tenant Portal: Benefits of Online Portals for Owners and Tenants

The Tennessee rental vacancy rate is currently at 7.3%. That's higher than the national average.High vacancy rates translate into fierce competition in the market. This leaves landlords with no alternative but to offer incentives to potential tenants.Implementing a tenant por...
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Blog Post What Is the Difference Between Second Home vs Investment Property

What Is the Difference Between Second Home vs Investment Property

Are you looking to grow your real estate portfolio? You'll be joining the millions of other Americans who have already made the leap. As of 2020, there was an estimated 7.15 million second homes.The term "second home" is often used to refer to any property that'...
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Blog Post How to Set a Preventative Maintenance Schedule for Your Nashville Property

How to Set a Preventative Maintenance Schedule for Your Nashville Property

No landlord or property owner ever wants that middle-of-the-night phone call with an emergency on their property. The furnace is out. There's water pouring in through the roof.Renters get frustrated, and emergency repairs are often costly.Using a preventative maintenance sche...
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Blog Post Important Rental Income Requirements to Set for Your Tenants

Important Rental Income Requirements to Set for Your Tenants

Did you know the average American makes 54,000 dollars per year?As a property owner, it is your job to make sure you verify if your tenants are right for your property. Part of this is obtaining proof of income or proof of employment.Another part is knowing the rental income requ...
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Blog Post Important Records You Need for Property Management Bookkeeping

Important Records You Need for Property Management Bookkeeping

Between now and 2027, the property management industry will see a 3.5% growth. Many people have begun to invest in real estate, and rightfully so; it's a fantastic way to increase your cash flow each month in a more passive way.If you want to ensure your success in real estat...
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Blog Post Tennessee Tenant Screening Laws for Landlords to Know

Tennessee Tenant Screening Laws for Landlords to Know

Over 30 percent of households in Tennessee were renters as of 2019. It's a booming market if you're looking to invest.You want to ensure you have the right people living at your properties - but you also need to ensure you're on the up and up legally.Let's go thro...
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