Residents are the bread and butter of real estate investment. Because they are the source of our cash flow, it’s critical that we place value in tenant retention. In a market where tenants are abundant, it may be tempting to think that your tenants are dispensable and replaceable: but don’t be fooled.
Memphis Invest has built its' reputation among real estate investors with incredibe customer service. But that customer service reaches far beyond just the investor. Over the years, we have learned and developed our own way of treating tenants and built an equally good reputation within the rental and property management communities.
Premier Property Management of Memphis and PPMG of Texas are each routinely out-performing local data with shorter vacancy periods, longer occupancy periods, higher rental rates and fewer delinquincies and eventual evictions. Our tenants have become a cornerstone of our companies' success. Treating them firmly yet fairly has become the mantra of our team.Yes, you can get another tenant. You can probably fill a vacancy pretty quickly.
But a good tenant is worth keeping, and turnover of any kind is costly!