Why Is Rent Assessment Important?
Rent assessment can be a challenging process for property investors. Overcharging the property can keep potential tenants away, while undercharging may decrease the value of the property. Connect with RiverTown Realty to get accurate rental prices for your Memphis home.
Our professional property managers thoroughly study the local rental market in Memphis. We keep track of current rental prices, compare your property with other similar properties in your neighborhood, and accurately decide on the rent you should charge for your Memphis rental.
In-Depth Market Research
At RiverTown Realty, we do not decide rent prices randomly. Our team dives deep into the current rental market trends, compares other similar properties with yours in your neighborhood, considers the amenities you provide, and then suggests correct rent prices to increase your return on investment (ROI).
Property Improvements
With RiverTown Realty, you will see the growth in the value of your Memphis investment property. Our team closely inspects the property, spots minor issues, and fixes them immediately before they worsen. We also suggest renovations and upgrades that boost the standard of your investment and make it stand out in Memphis’ rental market.
Rental Analysis
Rental analysis is one of the most effective tools to set the right market value of your property and determine accurate rent prices. At Rivertown Realty we conduct a comprehensive rental analysis that goes a long way in keeping your rental unit occupied by high quality tenants.
On Target Rent Prices
Connect with RiverTown Realty and say goodbye to the stress of long vacancies and incorrect rental prices. We help keep your property in demand and attract a larger pool of tenants by finding the sweet spot between keeping the rental price market-friendly and profitable.
