Contractor · Memphis, TN · Member since 2026 · 61 posts · 66 votes
1mo
Chad, one worth calling is 901 Asset Management, ask for Rosina at 901-430-0700. Flat-rate structure, no maintenance markup, and they know the Section 8 side of Memphis well if that's part of your plan.
Whoever you end up with, Eduardo's checklist above is the right screen, and I'd add one more question: ask who actually does their maintenance and turns, and whether repairs get marked up. That's where Memphis owners quietly bleed money. The management fee is usually the smaller number, a cheaper fee means nothing if every work order carries a padded invoice.
For context, I run a construction company here in Memphis and we handle turns and maintenance for a lot of out-of-state owners and their PMs, so I see the clean and the ugly owner statements every week.
Investor · Charleston, SC · Member since 2018 · 195 posts · 82 votes
1mo
I would ask every referral for the same 5 items before you pick names: sample owner statement, repair approval threshold, invoice backup, tenant notice process, and when owner funds are sent.
The PM with the slickest sales call is not always the PM with the cleanest owner packet. Memphis is operationally doable, but I would make the reporting test happen before the management agreement, not after.
Does anyone recommend a good property manager in Memphis, Tennessee?
I recommend RiverTown Realty! They manage mine and all of my clients properties! I currently have 10 properties and they have earned their weight in gold!
Contractor · Memphis, TN · Member since 2026 · 61 posts · 66 votes
1mo
Chad, one worth calling is 901 Asset Management, ask for Rosina at 901-430-0700. Flat-rate structure, no maintenance markup, and they know the Section 8 side of Memphis well if that's part of your plan.
Whoever you end up with, Eduardo's checklist above is the right screen, and I'd add one more question: ask who actually does their maintenance and turns, and whether repairs get marked up. That's where Memphis owners quietly bleed money. The management fee is usually the smaller number, a cheaper fee means nothing if every work order carries a padded invoice.
For context, I run a construction company here in Memphis and we handle turns and maintenance for a lot of out-of-state owners and their PMs, so I see the clean and the ugly owner statements every week.