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Updated over 1 year ago on . Most recent reply

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Sandra Regnell
  • Rental Property Investor
  • Vancouver, WA
37
Votes |
67
Posts

Switching from Reedy and Company

Sandra Regnell
  • Rental Property Investor
  • Vancouver, WA
Posted

I recently bought a home through Memphis invest. The process went pretty smoothly until the turnover. Reedy and company is the property management company. I didn't do any research on them and I wish I had.

So far, my experience has been suboptimal. I closed on October 9 and still no tenants in sight. Communication is poor except for the billing.

Has anyone changed out of Reedy and Company? How was that process?

TIA

Newbie remote investor

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
65,038
Votes |
44,023
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

rental market is softening nationwide..

you maybe priced to high.. and you don't want to just slam anyone in there because its been 30 days. 

maybe post the pictures and address of the prop and what your asking rent is there are a lot of Memphis investors on this site and they could give you some feedback.

sometime proforma rent rates are not reality once you close..

business profile image
JLH Capital Partners

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