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Josh Handler
  • Contractor
  • Memphis, TN
21
Votes |
25
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Your Memphis house isn't renting: a contractor's walk-through, not a price cut

Josh Handler
  • Contractor
  • Memphis, TN
Posted

There have been a lot of long-vacancy posts on here lately, and the advice almost always lands on the same two things: drop the rent or fire the PM. Sometimes that's right. But I do turns in this market for a living, and a big share of the houses I walk that "won't rent" are priced fine and marketed fine. They lose the applicant in the first ninety seconds of the showing, and nobody ever tells the owner why.

Here's what I look at, roughly in the order a renter experiences it.

The approach. Overgrown beds, a dead strip of yard, mildew streaks on the siding, a mailbox hanging crooked. All cheap. All read as "this landlord doesn't fix things," which is the only question the applicant is actually asking. Curb appeal isn't vanity on a rental, it's a promise about maintenance response.

The front door. Sticky lock, door that has to be shouldered open, a threshold that's rotted. If the agent has to fight the door while the applicant stands there, you've already lost ground.

Smell. This is the big one and almost nobody tells owners about it. A vacant Memphis house with the power off in August will smell like mildew inside a week. Pet odor in carpet, a dry P-trap pulling sewer gas, a crawlspace that's holding water. People don't say "it smelled" on the way out, they just say they're going to keep looking. If your house has been sitting, get the power on and the HVAC running, and pour water in every unused drain.

Light. Dim rooms show small. Burnt-out bulbs, mismatched color temperature, dark fixtures in a hallway. Twenty dollars of bulbs at the same brightness across the house changes how a place feels more than most repairs costing fifty times that.

Kitchen and bath, specifically the surfaces you touch. Painted-over cabinet hardware, a stained vanity top, cracked caulk lines, a toilet seat that's seen a decade. Refinishing a vanity top and recaulking is a couple hundred dollars and it's the difference between "dated but clean" and "worn out."

Floors. In the value zips you don't need new flooring to lease. You need flooring that's uniform and clean. Three different generations of vinyl across four rooms reads as neglect even when every piece is intact.

The tells you can't paint over. Water stains on a ceiling, a soft spot in a bathroom floor, a sagging soffit, a panel with double-tapped breakers. An applicant may not know what they're looking at, but they know something's wrong, and the ones with options walk.

Two Memphis-specific things worth adding. If you're going Section 8, the HQS list overlaps heavily with this list: handrails, window locks, GFCIs, no peeling paint on pre-1978, working smokes. Fix them now and you're both more rentable and inspection-ready. And utilities, get MLGW on early. I've watched turns sit an extra two weeks because nobody sequenced the meter set, and a house you can't light or cool is a house that doesn't show.

The practical version of all this: before you cut rent again, have somebody walk your vacant house who is not the person marketing it, and have them write down what they'd fix first. Ask your PM for the showing feedback verbatim, not summarized. Two or three hundred dollars of the right work usually beats a hundred dollars a month off the rent for the next twelve months, and you can do the math on that.

Full disclosure, I run a construction company here in Memphis and own around 70 rentals in town, so I'm biased toward fixing things. But I've also eaten the vacancy on my own houses when I got this wrong, which is how I learned most of the list.

What am I missing? Curious what the property managers here see kill a showing that owners never hear about.

  • Josh Handler
  • 901-295-7070
  • Most Popular Reply

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    Janice Carter
    • Real Estate Broker
    • Atlanta
    600
    Votes |
    1,030
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    Janice Carter
    • Real Estate Broker
    • Atlanta
    Replied

    @Josh Handler Great points. As a property manager, I agree that price isn't always the problem. Cleanliness, odors, curb appeal, lighting and deferred maintenance can make or break a showing within minutes. Sometimes a relatively small investment in the property's condition produces a much better return than another rent reduction.

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