Long-Term Rental Management

According to Business Wire, 61% of rental property owners stress out over property maintenance, and 52% name difficult tenants as their biggest pain-point. If you’ve been handling your own long-term rental property management in Nashville, Brentwood, or Franklin, TN, perhaps these figures don’t surprise you (and if you’re a brand-new rental property owner, these numbers might even scare you!).

Fortunately, companies like Hinge Development & Realty can take management for rental properties off your plate, so you can devote more time and energy to other things, whether it’s acquiring more properties or simply enjoying the income from your current portfolio.

Why Choose Hinge for Rental Management?

Finding the right company to handle management for your rental properties can be daunting. With so many companies out there to choose from, it can feel impossible to know you’re making the right choice.

Every management company is different, just like every investor is. These are a few of the things that make Hinge Development & Realty unique:

We Know Nashville

Laws and regulations around rental units vary from one city or county to another. Our local knowledge keeps you from having to second-guess the way your rentals are run.

We Have Connections

Hinge Development has an extensive network of maintenance companies, contractors, building inspectors, and more, so you get the help you need when you need it.

We Do It All

Our rental management services include everything from advertising your units and managing and maintaining them over the long term, to keeping your financials in order.

Our Long-Term Rental Management Services

With 30 years of experience in long-term rental property management in Nashville, Brentwood, and Franklin, we understand what services property owners need in order to get the most out of their investments. While we provide a wide range of management services, we tailor our offerings to the individual needs of each client, so you never pay for solutions you don’t use.

For example, maybe you have extra time on your hands and enjoy handling DIY maintenance projects, but financial management isn’t your strong point: we can handle your books and leave the rest up to you. Or maybe you’re already working full-time and want to devote as little energy to the property as possible – in that case, we can take care of every aspect of day-to-day operations so you don’t have to worry about it.

Below are the rental management services we offer here at Hinge Development & Realty:

Our team will make sure your property is running smoothly and your tenants are happy. Building and maintaining positive relationships with renters helps keep lines of communication open so that problems are solved quickly if they arise – a key element in keeping turnover rates low.

We’ll take care of all aspects of the tenant relationship, including:

  • Rent collection
  • Late payment notices and collection
  • Repair requests
  • Tenant disputes
  • Evictions (when necessary)

We’ll also perform periodic property surveys to ensure your properties are in good condition and that tenants are following lease agreements.

Managing a real estate portfolio is no walk in the park, and if you want your properties to be profitable, skilled financial management is a must. We employ a team of experienced financial professionals who know real estate inside-out, allowing them to help you:

  • Create and stick to a budget for each property
  • Create and go over detailed financial reports that tell you exactly how your property is doing
  • File accurate taxes that reflect the ever-changing local tax laws (preventing fines and back taxes)

Having a group of talented accountants and CPAs on your team will work wonders for the overall health of your realty investments.

In the 30 years of being in business, we built up such an extensive network of contractors that we finally launched our own maintenance company to handle rental property maintenance and repairs. So, when you hire Hinge Development & Realty, you can rest assured that your property is in good, highly experienced hands.

Our team of expert contractors will manage:

  • Regular cleaning of communal areas
  • Ongoing maintenance (changing light bulbs, etc.)
  • Landscaping
  • Electrical and plumbing issues
  • Emergency repairs
  • Safety inspections

When something goes wrong on your property, the last thing you want to deal with is the stress of finding a contractor, trying to get them out to the site quickly, and hoping they do a good job. Our team of contractors takes those issues out of the equation.

Hinge’s marketing professionals will capture the unique spirit of your property and market it on the top rental sites. Our talented photographers will showcase your rental unit in the best possible light while we create eye-catching descriptions that make your property stand out to potential renters.

We’ll promote your property to properly targeted audiences that will give you the best possible chance of quickly attracting interested, reliable tenants so your unit doesn’t sit empty longer than absolutely necessary.

We’re ready when you are! Let us provide Long-Term Rental Management services for you.

Nashville Area Neighborhoods We Love For Long-Term Rentals

There’s no end to the reasons people love the Nashville area. It’s lively, friendly, and absolutely beautiful, making it an excellent area to invest in long-term rentals. The family-oriented communities below are just a few of the many nearby neighborhoods we love.

Franklin

Franklin, TN is growing quickly, and with its unique historical sites, arts and music festivals, and many scenic drives, it’s easy to see why. This diverse, eclectic community is alive with art galleries, cultural events, and almost endless shopping and dining experiences that will keep you and your family entertained all year round. Little ones will love playing mini-golf at Soar Adventure Tower, and grownups can relax at Arlington Vineyards.

Brentwood

According to livability.com, Brentwood is one of the most sought-after Nashville suburbs. Located in stunning Williamson County, this residential community allows you to enjoy peace and quiet while remaining close to the excitement of the city. Nature lovers will appreciate the numerous parks Brentwood has to offer, while the budding scientist in your family enjoys a stroll through Dyer Observatory. Of course, like every family-friendly neighborhood, there are plenty of retail and dining options for every taste and budget.

Spring Hill

If you’re looking to settle down with your family in a quiet community where you can get to know your neighbors, Spring Hill has what you’re looking for. With just under 40,000 residents, this quiet community has a laid-back feel that makes it a great place to raise kids. It’s proximity to I-65 makes getting to Nashville a breeze, while its distance provides a nice respite from the hectic noise of city life. Kids will love the many green spaces and recreational activities on offer.

FAQs

When we speak to clients about long-term rental property management in Nashville, Brentwood, or Franklin, TN, they typically have a lot of questions. Of course, this is especially the case for brand new real estate investors who don’t know the in’s and out’s of how management for rental properties works.

You might be ready to hire a company for rental management services, but we understand that you might also simply be trying to get a few questions answered before you reach out to chat. That’s why we’ve collected some of the most frequently asked questions we hear surrounding management for rental properties so you can get the answers you need.

What is Rental Management?
In short, long-term rental property management in Nashville, Brentwood, or Franklin consists of the day-to-day running of your rental properties, whether they’re commercial or residential. Depending on your specific needs, this will usually mean some combination of the following:

  • Maintenance and repairs
  • Advertising and promoting available units for rent
  • Screening tenants
  • Collecting rent
  • Enforcing lease agreements
  • Nurturing tenant relationships
  • Budgeting and financial management
  • Handling emergencies such as flooding

The rental management services you need will vary depending on factors such as whether you live near the rental property and how hands-on you want to be in managing it.

How Do Rental Management Companies Work?
Every company handling long-term rental property management in Nashville, Brentwood, and Franklin is going to do things a little differently, but generally speaking, they save property investors time by taking care of:

  • Tenant interaction (including the hassles of evictions and chasing down late rent payments)
  • Property maintenance and repairs (including scheduling with contractors and handling emergencies)
  • Tenant turnover (such as cleaning and preparing empty apartments, and seeking and screening new tenants)

Some rental management companies, such as Hinge Development & Realty, also offer in-depth financial management and property tax services to keep your rental investments profitable and your finances organized.

Looking for Long-term Rental Management in Nashville, TN?

While real estate is an excellent investment, handling the management for your rental properties on your own can get overwhelmingly fast. Hinge can help, whether you’re just beginning your foray into rental investments or have an extensive real estate portfolio.

We’ve been providing long-term rental property management in Nashville, Brentwood, and Franklin for 30 years and would love to put our experience to work for you. Contact us to learn more about our rental management services today and we’ll be happy to discuss your needs.

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