PMI Chattanooga Property Management Blog

Lease Renewal Strategies: How to Retain Valuable Tenants

Every landlord knows the difference between a good tenant and a bad one. Landlords also know the value of excellent tenants.When you find the best ones, you want to keep them.Therefore, you may wonder about the best lease renewal strategies. In other words, how do you keep your b...

Your Quick Rental Property Maintenance Checklist in Chattanooga, Tennessee

It's helpful to know that rental property owners should save at least 1% of the property's value to cover maintenance costs.A maintained property not only attracts quality tenants but also protects your investment in the long run. To help you stay on top of things, you...

4 Benefits of Hiring a Rental Property Management Company in Chattanooga, Tennessee

Chattanooga landlords need to know that 34% of residents in this area are renters.While the renter pool is deep, being a landlord is still tricky. The job only gets harder when you have several properties to run. This is why lots of Chattanooga landlords are turning to profession...

How to Get Tenants to Renew Leases in Chattanooga, TN

Imagine a world where tenants renew their leases instantly, there are no surprises, and communication is clear. This could be your world!Lease renewals can be easy, but they are often overlooked and left to chance. This results in unhappy tenants, confused landlords, and a lot of...

Pros and Cons of Allowing Pets in Your Chattanooga, TN Rental Property

Allowing pets in a rental property is an endless debate that landlords worldwide continue to ponder.Cute and friendly animals bring charm to a living space, but sometimes they're more of a nuisance than a blessing. Tenants with pets often stay for the long haul, but banning p...

3 Innovative Property Marketing Ideas to Try in 2023

Businesses make an average of $2-$4 for every $1 spent on advertising.Property marketing helps landlords promote their rental properties in the Chattanooga, Tennessee/Georgia area. It can help make your property stand out from other listings and attract new tenants.There are seve...

The Do's and Don'ts of Real Estate Investing in Chattanooga, TN

As of May 2023, 34% of Americans believe real estate is a better long-term investment than stocks.Getting started in real estate investing is intimidating, but you can increase your monthly income significantly if you work hard. Chattanooga, Tennessee, is growing in popularity, m...

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

If you're a property investor in Chattanooga, you're in a city that has plenty of opportunities for inexpensive investments that can pay off over the years. There are great rental deals to be found in Chattanooga, as fair-market rent for a 2-bedroom is less than $1,000 to...

Asset Management for Commercial Properties: Strategies for Long-Term Success

Nearly 70% of rental properties are owned by individual investors. These owners are looking for an investment that will help them build their wealth.Asset management is a great way to do this.By managing properties, you can ensure that your investment is being properly cared for....

A Guide to Rental Analysis for First-Time Landlords in Chattanooga, Tennessee

Think about it now; you're relaxing on your porch at midday during the middle of the week. You're not working, but you are making money. That's because you made the smart move to become a landlord and invest in real estate.If you're thinking about becoming a first...