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Updated almost 10 years ago on . Most recent reply

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Sara Hodge
  • Pro Competitive Dance Coach
  • Denver, CO
9
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MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara Hodge
  • Pro Competitive Dance Coach
  • Denver, CO
Posted

Memphis Investors - do you (or do you not) get annual termite treatments on your rental properties? We are currently buying a home in Memphis (so excited about it), and it just passed wood inspection with flying colors. BUT the guy said we 'FOR SURE' need treatment annually to prevent termites. He said it's very common in that area.

Prices were reasonable for services offered, but still - as an investor don't want to lose that cash flow! Thank you in advance for helping a newbie!

$575 first time

$175 annually after that

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1,358
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Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
1,161
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1,358
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Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
Replied

Sara,

Personally, I do not get termite treatments on my rental properties nor do the majority of the investors we manage for.

That said, if I owned only one house, I would be much more inclined to do everything I could to protect that specific asset.

Across a diverse portfolio of properties, the law of large numbers kicks in and you don't have to worry so much about one off events.  And, termite troubles in Memphis seem to be a rare occurrence, from everything I can tell.

Hope that helps.

  • Douglas Skipworth
business profile image
Investor's Guide to Memphis Real Estate

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