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Best Property Management Companies in Memphis

2024

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Providers

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Website
8912 Spanish Ridge Ave, Las Vegas, NV 89148
  • Rent collection

Why choose this provider?

Free Property Management Ai assists clients in Memphis who want to achieve their real estate goals. The company uses artificial intelligence to help landlords and real estate professionals simplify and streamline their property management tasks, which include tenant screening and marketing, rent collection, and maintenance coordination. It also uses advanced technologies like machine learning and natural language processing to generate automated responses to tenant and potential renter inquiries. The company has worked with various clients, including Remote, Denver Properties, and Alpha.

License Verified:

License: 1045656

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Book a call

Memphis, TN

Why choose this provider?

Need help contacting a Property Management Company in Memphis? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Free booking service | Call 848.Book.Pro!

Website
310 Germantown Bend Cove, Ste 101, Cordova, TN 38018
  • Property Inspection
  • Property Assessment
  • Property Maintenance

Why choose this provider?

RiverTown Realty offers property management services in Memphis and nearby areas. Its property managers handle single-family and multifamily residences, as well as small commercial properties. They maintain, manage, and market properties according to each client's needs and goals. Some of their services include property and rental rate evaluation, advertising and showings, applicant screenings and lease preparations, rent collection and financial reporting, and maintenance and inspections. The company also helps tenants look at and apply for their next rental home.

License Verified:

License: 264281

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (55)
Facebook
5.0 / 5 (5)

Website
269 Germantown Bend Cv, Cordova, TN 38018
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Assessment

Why choose this provider?

Memphis-based Reed & Associates of TN LLC has been managing commercial and residential homes since 1997. All of the company's project management businesses include computerized monthly reports, rent collections, property rehab, and other services. Its founder Mike Reed has more than 40 years of real estate industry experience. Reed & Associates of TN LLC is comprised of co-owners: affiliate broker Ben Reed and real estate broker Phillip Kemp. The company also brokers properties for rental and leasing.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (1)

Website
420 S. Front St #105, Memphis, TN 38103
  • Tenant Screening
  • Property Assessment

Why choose this provider?

Serving the Memphis metro, 901 Real Estate Service manages and rents out real estate properties. Established in 2006, the company offers management services for single-family homes, multi-family properties, condos, and apartments. It also services duplex, triplex, and fourplex properties. 901 Real Estate Services aims to maintain a balance between serving landlords and assisting tenants by protecting property investments and providing smooth transactions through an online portal. Properties are reviewed throughout leases and tenants are screened to reduce the risk of evictions.

License Verified:

License: 259109

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.9 / 5 (129)
Facebook
4.3 / 5 (13)
Yelp
2.3 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
PO Box 2364, Cordova, TN 38088
  • Leasing

Why choose this provider?

Stellar Property Management, PLLC, offers a variety of services to customers living in Memphis and the surrounding areas. The firm markets rental properties to prospective tenants, maintaining listings of available spaces. The firm matches tenants with their desired homes and amenities, offering suburban choices with features such as wooden fences and green lawns. Stellar Property Management is a smaller establishment that is family-owned. It has been operating since 2014 and has a modest portfolio of single-family structures and condo units.

License Verified:

License: 352359

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (27)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3383 Park Avenue, Memphis, TN 38111
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Why choose this provider?

Memphis Buy and Hold is a property management company in Memphis that oversees single-family and multi-unit properties. Derrick C. Craig, the company's president, has over a decade of experience in real estate and property management. He also has extensive experience as a certified financial advisor. He and his team are well-versed in providing solutions to various challenges related to vacancy, rent collection, valuation, and maintenance. Their services have helped owners achieved low turnover and high occupancy rates.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
3.7 / 5 (11)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3102 Kirby Whitten Road, Memphis, TN 38134
  • Maintenance
  • Collection
  • Leasing

Why choose this provider?

Realty Capital Management is a licensed full-service real estate firm that offers property management solutions in Memphis, Shelby County, and Tennessee. With its foundation built on partnerships with investors and residents, it follows a hands-on and proactive approach with its processes and procedures, which aim to minimize risks and maximize investor trust. The firm places an emphasis on property management and handles property purchase and selling, as well as renovation and rent-ready needs. It also offers financing assistance for investors and options related to resident placement.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.5 / 5 (111)
Yelp
3.5 / 5 (3)

Website
825 Timber Creek Dr Ste 101, Cordova, TN 38018
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening
  • Property Inspection
  • Closing

Why choose this provider?

Enterprise Property Management, Inc., serves residential property investors in Memphis. It provides property management services, such as quarterly home inspections, eviction process management, and property marketing and syndication. The business is a member of a network of property managers situated across the region, which allows it to assist clients in finding rental homes that suit their needs and lifestyles. Owners and principal brokers Aaron Ivey and Bill Ivey have been serving homeowners since 2002.

License Verified:

License: 258359

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (89)
Yelp
4.0 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
195 Madison Avenue, Basement, Memphis, TN 38103
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services

Why choose this provider?

Left Field Properties works with investors and owners of rental properties in Memphis. The company offers property management services, including vacancy advertising, lease administration, rent collection, maintenance coordination, and eviction processing. It manages both commercial and residential portfolios of any size, from single-family homes and apartment communities to parking lots and office spaces. Left Field Properties has its own maintenance division to respond to tenants' repair requests and handle on-site upkeep, as well as renovation and construction projects if needed.

License Verified:

License: 262500

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.0 / 5 (8)
Facebook
4.4 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2595 Broad Ave, Memphis, TN 38112
  • Property Maintenance

Why choose this provider?

Lubin Property Management is a full-service real estate brokerage and renovation company that has been serving homeowners and investors throughout the Memphis metro since 2009. The business utilizes technology as it creates an online portal for rental payments and to view monthly financial reports. Its team of technicians promptly responds to any property maintenance and repair requests. Lubin Property Management also provides services for commercial property, including purchase, improvement, management, and sale of vacant land, commercial retail, and farmland.

License Verified:

License: 261234

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.1 / 5 (528)
Yelp
2.0 / 5 (17)
Facebook
5.0 / 5 (1)

Website
3845 Goodman Road East, Southaven, MS 38672
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Why choose this provider?

Muddy Waters Realty, LLC, provides property management services for residential and commercial property owners in Memphis and the surrounding areas. It comprises managers who have experience in dealing with rental properties. They utilize traditional marketing and management methods to protect and maximize their clients' investments. Some of the property solutions they offer are rent collection and deposit, property inspection and maintenance, and accounting. The team also communicates with property owners regularly to share important information about rental performance and upkeep.

License Verified:

License: 263323

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4701 Summer Ave, Memphis, TN 38122
  • Screen new tenants
  • Rent collection
  • Property Maintenance

Why choose this provider?

Memphis Investment Properties is a property management company serving the metro and nearby areas. Its services come with in-house leasing, accounting, and collections department. Its property marketing is done by broadcasting to major homesites and placing ads in the MLS system for Realtors. The company maintains proactive communication with its clients. It has been leasing and managing thousands of properties for more than a decade in the Midsouth with 46 years of experience in the Memphis market.

License Verified:

License: 257379

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4701 Summer Ave, Memphis, TN 38122
  • Tenant Screening
  • Rent collection
  • Property Maintenance

Why choose this provider?

Reedy & Company is a property management company serving clients in Memphis. It provides a wide range of single-family and multi-family property management services, including tenant screening and leasing, property rehabilitation, rent collection, and accounting. The company also offers services for investors, such as in-house collections teams, an on-site maintenance warehouse, and a division that offers maintenance services. Since its establishment in 2002, it has managed more than 3,500 properties owned by local, domestic, and foreign investors, and sold 1,000 investments.

License Verified:

License: 57941

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.4 / 5 (1270)
Yelp
1.5 / 5 (38)
Facebook
2.3 / 5 (35)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1060 Brookfield, Memphis, TN 38119
  • Property Inspection
  • Rent collection
  • Property Maintenance

Why choose this provider?

CB Properties has been serving property owners, tenants, and investors in Memphis since 2009. It provides a wide range of property management services that include vacant home processing, property marketing, tenant placement, and rent collection. It has adopted a corporate culture that emphasizes quality customer service. Founders Alex and Benolyn Craig established the company with the aim of providing improved property management services. It has 910 properties under management, and it has closed 1,601 real estate transactions. Benolyn is a real estate broker and Realtor.

License Verified:

License: 262082

Tennessee Real Estate Commission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.3 / 5 (481)
Yelp
2.3 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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