As a Nashville property management company, we understand the various challenges of taking care of rental properties. No matter what your level of real estate experience is, working with a company like RENEW can bring several benefits to your investment. Continue reading for a brief overview of some of the benefits of working with a property management company.

1. Personal Experience 

Because RENEW Real Estate Services was founded by experienced real estate investors, we have years of experience in the property management world, and we know the Nashville real estate market like the back of our hands. Our Nashville property management team is well equipped with the knowledge and resources that are necessary to manage your property effectively. We will do everything we can in order to ensure that it is generating consistent rental income. Having years of experience in Nashville has allowed us to develop a deep understanding of local tenant laws and regulations, which helps us to keep your property in compliance. Our primary goal is to provide top caliber real estate services for investors by investors. 

2. Marketing and Tenant Screening

Marketing and tenant screening are two of the most critical areas of property management. Our team knows how to effectively market your property and attract quality tenants. We use industry leading software to assist with both marketing and screening tenants. We conduct intensive background and credit checks to ensure you have responsible tenants in your property. Some property management companies do guided tours that require applicants to follow the employee's schedule. At RENEW, we use an online self-touring company, which allows applicants to schedule self-tours any day of the week, at their own convenience.

3. Rent Collection and Maintenance

Rent collection and maintenance can be time consuming and sometimes annoying tasks for property owners. That's why RENEW Real Estate Services handles these tasks for you. We will collect rent on your behalf and handle any maintenance issues quickly and efficiently. This reduces the amount of time your property is vacant and increases your monthly rental income. We maintain a 24 hour maintenance call center so no problems go unanswered. 

4. Legal Compliance

Working with the local laws and regulations surrounding property management can be a big challenge, especially if you are new to the Nashville area. Our team constantly stays informed about all relevant laws and regulations, ensuring your property is always in compliance. This protects you and your investment from any legal issues or liability. As stated previously, our years of experienced have allowed us to develop a deep understanding of the local laws and regulations.

5. Increased Profitability

At RENEW Real Estate Services, our goal is to maximize the profitability of your investment. With our expertise and industry leading technology, we can ensure that your property is reaching its max potential. Our software allows us to make accurate rental projections for all of our properties. We can also help with reducing expenses by negotiating with different vendors for lower prices and efficient solutions. 

Bottom Line

As you can see, working with a property management company like RENEW can bring many benefits to your real estate investment. With our years of history in the real estate investment and property management worlds, we can help ensure your property is maintained, generating income, and compliant with all local laws and regulations. So if you're thinking about investing in Nashville real estate, consider working with RENEW Real Estate Services to maximize your investment’s potential!