1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar


Owners

Management Fees

  • Monthly management fee of 8% of collected rent
  • Online user id for constant access to your account
  • No management fee during vacancies
  • Management contract can be cancelled with thirty day notice

Advertising The Property

  • Comprehensive advertising for maximum exposure
  • Research neighborhood rents to maximize profit
  • Suggest improvements to increase rents

Prospective Tenant Screening

  • Employment, Credit and Criminal checks for evaluating tenants
  • County records checked for any possible past evictions
  • Interview previous landlords to establish rental history

Leasing and Deposits

  • Lease tailored to Shelby County and Tennessee law
  • Review all rules pertaining to property managed by Hometown Realty Property Management
  • Collection of all rents and security deposits
  • Signed and Verified Tenant inspection check list to ensure property is maintain in satisfactory condition or restitution is sought

Property Maintenance

  • In house maintenance to ensure speedy repairs
  • Reduce rates with local vendors to ensure less expense on required repairs
  • Repairs deducted from monthly rents
  • All repairs over $250 will be cleared with owner (unless emergency)

Software

  • AppFolio is used for the most comprehensive integrated accounting, maintenance and advertising programming in property management.

Building Your Investment
Property Portfolio

Buy Memphis Foreclosures is the real estate analyzing and investing part of the turnkey operation provided for investors. Being investors ourselves we understand the need of investors who want passive income without the hassles. We will work with you to build a productive real estate portfolio.

Our main focus is to support the investment community and our owners. We believe the better educated the investor the better we can meet his or her investment goals and objectives.

No matter where you are at in the investing cycle, just beginning or season pro we have the staff to meet and support your investment goals. If you are not sure of your objectives we would be happy to sit down and help you focus on the best real estate investments.

We have all the tools necessary from the Memphis Area Association of Realtors to the Shelby County Assessor’s office web site to years of personal expertise in the Memphis investing community. We can help you analyze everything from cash flow to return on investment. Also, we have a network of professional contacts to assist you in all avenues of financing, closing and insurance when acquiring investment properties.

Once you purchase investment property we can administer the marketing and leasing, perform maintenance and give you 24 hour access to your records through Appfolio. You can enjoy the benefits of owning wealth producing property without the everyday headaches.

Please follow the link to decide when you would like to invest in the exciting business of real estate. www.buymemphisforeclosures.com

Investing in Leading Technology

We have invested in a web-based property management and accounting software from AppFolio so our experienced team can manage your properties with the highest level of service. Our software not only provides great benefits to our office but we are also able to share many of these benefits with you:

  • Respond more quickly and offer excellent service to both owners and residents.
    At any time and from anywhere, we are able to securely access data about all properties. Sensitive records are safely stored in a state-of-art data center which is automatically and routinely backed up.
  • Save time and paper by using email to send monthly owner statements.
    The statements are organized in a concise and easy to read format that details the performance of your property for the previous month. We can also post these monthly statements on a secure Owners Portal.
  • Process and respond to maintenance requests more quickly.
    We can quickly resolve issues by accessing vendor information and using electronic work orders for more efficient communication. All records are stored for future access.
  • Pay you even faster every month.
    Deposits can go directly into your bank account using ACH (electronic payments).
  • Market your properties in more locations across the Internet, filling vacancies much faster.
    Our integrated system lets us professionally advertise your properties on our company Web site, Craigslist, and other Internet locations.
  • Prospective residents can apply online with the click of a button.
    Online applications are integrated with all vacancy postings. This means we avoid paper applications, saving lots of time and ultimately filling vacancies more quickly.
  • Residents can avoid sending rent checks by paying their rent online.
    We avoid the time and expense of managing rent checks each month and this is a great value-add service for residents.

Owner Statements Available Online

Did you know that you can now access your owner statements online?

Benefits:

  • Concise statements covering the performance of your property for the previous month
  • All data on your property is stored in a state-of-the-art data center
  • Access information about your property 24/7
  • Access information about your property from anywhere with an internet connection

How it works:

In order to keep your financials secure, we use a state of the art portal system which communicates with your email.

Each time you wish to view your reports, you must visit the portal and enter in your email address. You will be emailed a single-use link where you can view your statements. This link does not have a time limit, however, it will only work once.

View Your Owner Statement