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The 17 Best Property Management Companies in Memphis for 2019

Out of state real estate investors require dependable local property managers to maintain their rental properties, communicate with tenants, and handle some financial and regulatory details. 

If you’re looking to invest in the area, here are some of Memphis’s best property managers.

To help you sort through the list, we’ve included the following information for each property manager (where available):

  • BBB Rating
  • Years in Business
  • Property Management Fee
  • Leasing Fee
  • Renewal Leasing Fee
  • Maintenance Fee
  • Property Setup Fee
  • Project Management Fee
  • Rentals Managed

We’ve also included four Roofstock Preferred Property Managers in Memphis. All Roofstock property managers are vetted by our team of experts, certified, and monitored for ongoing performance with our network of investors.

Note: Roofstock investors potentially receive preferred pricing through vendors specified below as Roofstock Preferred Property Managers.

 

Crestcore Realty (Roofstock Preferred Property Manager)

roofstock preferred property manager

CrestCore’s driving philosophy is that everyone’s future can improve with planning and hard work. As a market-leading real estate management firm, Crestcore assists people who are seeking to better their futures through rental property investments. In addition to full-service property management, Crestcore offers owners a free rental analysis to help get things started.

Key Metrics:

  • BBB Rating: A-
  • Years in Business: 6 
  • Property Management Fee: 8%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: $175
  • Maintenance Fee: 15%
  • Property Setup Fee: 0
  • Project Management Fee: 15% 
  • Rentals Managed: Not publicly available. Contact for more info.

View Crestcore Realty’s website

 

Renshaw Property Management (Roofstock Preferred Property Manager)

roofstock preferred property manager

Founded in 2007, Renshaw Property Management focuses on residential rental properties in Memphis, Germantown, Collierville, Cordova, Olive Branch, Southaven, and surrounding Mid-South areas. Their team has more than 100 years of combined experience in the residential property management industry. Renshaw Property Management is a member of the National Association for Real Estate Property Managers and the Memphis Area Association of REALTORS®.

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 14
  • Property Management Fee: 8%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: 0
  • Maintenance Fee: $130 annual fee, per unit
  • Property Setup Fee: 0
  • Project Management Fee: 12%
  • Rentals Managed: Not publicly available. Contact for more info.

View Renshaw Property Management‘s website

 

Reedy and Company Realtors (Roofstock Preferred Property Manager)

roofstock preferred property manager

Reedy and Company Realtors — one of the leaders in Memphis property management — assists local, national, and international clients with the management of their Memphis-based investment portfolios. Founded by a husband and wife team in 2002, Reedy is committed to providing excellent customer service and good communication with clients and tenants.

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 26
  • Property Management Fee: 8%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: 0
  • Maintenance Fee: $75 annual occupied inspection fee, per unit
  • Property Setup Fee: 0
  • Project Management Fee: 0
  • Rentals Managed: Not publicly available. Contact for more info.

View Reedy and Company Realtors‘ website

 

HomeRiver Group (Roofstock Preferred Property Manager)

roofstock preferred property manager

HomeRiver Memphis provides the tools and resources of a national brand with local real estate experience and know-how. Their online portal provides 24-hour access to important information like rent dispersals, maintenance requests, and video tours of your property. HomeRiver also offers marketing and financial reporting assistance.

Key Metrics:

  • BBB Rating: B
  • Years in Business: 3
  • Property Management Fee: 8%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: $250
  • Maintenance Fee: 15%
  • Property Setup Fee: 0
  • Project Management Fee: 15%
  • Rentals Managed: Not publicly available. Contact for more info.

View HomeRiver‘s website

 

Lubin Property Management 

Lubin Property Management’s three-point mission involves a dedication to their investor clients, tenants, and their own employees, believing that a focus on all three improves their business. A full-service property management company, Lubin also has extensive experience in handling end-to-end renovation projects. 

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 10
  • Property Management Fee: 10%
  • Leasing Fee: One month’s rent
  • Renewal Leasing Fee: $75
  • Maintenance Fee: 0
  • Property Setup Fee: 0 
  • Project Management Fee: 0  
  • Rentals Managed: 1200

View Lubin Property Management’s website

 

Revid Property Management 

Formed in 2004 as a property management company, Revid is now one of the largest investment management firms in the Memphis area, combining renovation, maintenance, and management to provide a one-stop-shop for property owners who need help with their rental homes. Revid manages units as small as single apartments to as large as five-bedroom homes. 

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 15 
  • Property Management Fee: 8%
  • Leasing Fee: One half of one month’s rent (One month’s rent for 2-year leases)
  • Renewal Leasing Fee: $75
  • Maintenance Fee: $45/hour
  • Property Setup Fee: 0
  • Project Management Fee: N/A
  • Rentals Managed: 1500

View Revid Property Management‘s website

 

Reed & Associates of TN

Licensed to operate in Tennessee, Mississippi, and Arkansas, Reed & Associates of TN helps property investors in Memphis and the surrounding Mid-South area. Their goal is to take the headaches away from “landlording” so that property investors have the peace of mind to focus more on their portfolios than on home management. Reed & Associates handles all of these details, including computerized monthly reports and credit counseling for tenants.

Key Metrics:

  • BBB Rating: A
  • Years in Business: 29
  • Property Management Fee: 9%
  • Leasing Fee: One half of one month’s rent
  • Renewal Leasing Fee: $300 (includes inspection)
  • Maintenance Fee: 15%
  • Property Setup Fee: $150
  • Project Management Fee: 15% 
  • Rentals Managed: 425

View Reed & Associates of TN‘s website

 

Meridian Property Management

Meridian Property Management aims to place high-quality tenants in their clients’ homes to reduce turnover costs and keep the rental income flowing. Using robust marketing, rent analysis, and cutting-edge technology, Meridian’s senior management team helps property owners maintain their properties and grow their portfolios.

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 10
  • Property Management Fee: 10%
  • Leasing Fee: 75% of one month’s rent (One month’s rent for leases over 18th)
  • Renewal Leasing Fee: $100
  • Maintenance Fee: $40 trip (if not resident’s fault)
  • Property Setup Fee: $100
  • Project Management Fee: 0 
  • Rentals Managed: 500+

View Meridian Property Management‘s website

 

Germantown Home Pros

Germantown Home Pros, located in the Memphis suburb of Germantown, brands itself as a residential services firm. They provide a wide range of home care, including property management, home renovation, and emergency home repair. 

Key Metrics:

  • BBB Rating: A
  • Years in Business: 2
  • Property Management Fee: Not publicly available. Contact for more info.
  • Leasing Fee: Not publicly available. Contact for more info.
  • Renewal Leasing Fee: Not publicly available. Contact for more info.
  • Maintenance Fee: Not publicly available. Contact for more info.
  • Property Setup Fee: Not publicly available. Contact for more info.
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: Not publicly available. Contact for more info.

View Germantown Home Pros’ website

 

Kaizen Realty

For more than 10 years, Kaizen Realty has been managing properties in the Memphis metro area. Heavily focused on customer service, Kaizen maintains a medium sized portfolio of homes so that they can provide better service to their owners and tenants.

Key Metrics:

  • BBB Rating: N/A
  • Years in Business: 11
  • Property Management Fee: 10%
  • Leasing Fee: One half of one month’s rent
  • Renewal Leasing Fee: $250
  • Maintenance Fee: 0
  • Property Setup Fee: 0 
  • Project Management Fee: 0 
  • Rentals Managed: 500

View Kaizen Realty‘s website

 

Memphis Property Management Professionals

Memphis Property Management Group offers full-service management for residential and commercial properties in the greater Memphis area. In addition to standard property management, they offer 24/7 maintenance support for homeowners, rental market analyses, and annual lease evaluations. 

Key Metrics:

  • BBB Rating: A
  • Years in Business: 9
  • Property Management Fee: 9%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: $50
  • Maintenance Fee: 0
  • Property Setup Fee: $20
  • Project Management Fee: 0
  • Rentals Managed: 50

View Memphis Property Management Professionals’ website

 

Bluff City Management

Bluff City Management — named for one of Memphis’s nicknames, referring to the city’s bluffs — is a full-service property management group offering comprehensive property oversight and transparent pricing. Bluff City takes care of all aspects of the rental management, including tenant placement, rent collection, and repairs. 

Key Metrics:

  • BBB Rating: A-
  • Years in Business: 5
  • Property Management Fee: Not publicly available. Contact for more info.
  • Leasing Fee: Not publicly available. Contact for more info.
  • Renewal Leasing Fee: Not publicly available. Contact for more info.
  • Maintenance Fee: Not publicly available. Contact for more info.
  • Property Setup Fee: Not publicly available. Contact for more info.
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: Not publicly available. Contact for more info.

View Bluff City Management‘s website

 

Premier Property Management Group

Premier Property Management Group’s management team works for Memphis property investors nationwide. A licensed rental property management company, Premier manages thousands of homes across several markets, offering ongoing management, resident placement, and online tracking tools.

Key Metrics:

  • BBB Rating: A-
  • Years in Business: 17
  • Property Management Fee: 10%
  • Leasing Fee: One month’s rent
  • Renewal Leasing Fee: $250
  • Maintenance Fee: 10%
  • Property Setup Fee: 0
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: 3500

View Premier Property Management Group’s website

 

Marathon Management

Marathon Management offers Memphis-area investors comprehensive, dependable, and trustworthy property management services at competitive rates. Since 2005, they have been using their experience to help property owners care for their homes and maximize profits. Marathon’s convenient online portal allows easy rent collection, property monitoring, and management communication.

Key Metrics:

  • BBB Rating: A
  • Years in Business: 13
  • Property Management Fee: Not publicly available. Contact for more info.
  • Leasing Fee: Not publicly available. Contact for more info.
  • Renewal Leasing Fee: Not publicly available. Contact for more info.
  • Maintenance Fee: Not publicly available. Contact for more info.
  • Property Setup Fee: Not publicly available. Contact for more info.
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: Not publicly available. Contact for more info.

View Marathon Management’s website

 

OCG Property Management

Helping care for investment properties in the greater Memphis area, OCG Property Management helps remote and local property owners make the most of their portfolios with hassle-free tenant placement, property marketing, and maintenance.

Key Metrics:

  • BBB Rating: A
  • Years in Business: Not publicly available. Contact for more info.
  • Property Management Fee: Not publicly available. Contact for more info.
  • Leasing Fee: Not publicly available. Contact for more info.
  • Renewal Leasing Fee: Not publicly available. Contact for more info.
  • Maintenance Fee: Not publicly available. Contact for more info.
  • Property Setup Fee: Not publicly available. Contact for more info.
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: Not publicly available. Contact for more info.

View OCG Property Management‘s website

 

DCC Rentals

Whether managing single-family homes or multi-unit rentals, DCC Rentals’ goal is the same: to keep properties filled with reliable tenants and help owners get the best return on investment. They promise clients cost-effective pricing and maintenance, low vacancy rates, and a highly trained staff.

Key Metrics:

  • BBB Rating: N/A
  • Years in Business: 10
  • Property Management Fee: 6-10%
  • Leasing Fee: One half of first month’s rent
  • Renewal Leasing Fee: 0
  • Maintenance Fee: 0
  • Property Setup Fee:
  • Project Management Fee:
  • Rentals Managed: 225

View DCC Rentals‘ website

 

Hassle Free Homes

Hassle Free Homes offers remote property owners an alternative to traditional property management companies. In this system, owners lease their homes for a period of time to Hassle Free, who then sublease the home to tenants, handle all tenant communication, manage the home, and share maintenance costs for the duration of the lease. Hassle Free believes this system provides even more “hassle-free” ownership than with a traditional manager.

Key Metrics:

  • BBB Rating: A+
  • Years in Business: 12
  • Property Management Fee: Not publicly available. Contact for more info.
  • Leasing Fee: Not publicly available. Contact for more info.
  • Renewal Leasing Fee: Not publicly available. Contact for more info.
  • Maintenance Fee: Not publicly available. Contact for more info.
  • Property Setup Fee: Not publicly available. Contact for more info.
  • Project Management Fee: Not publicly available. Contact for more info.
  • Rentals Managed: Not publicly available. Contact for more info.

View Hassle Free Homes’ website

 


About the author
A digital media strategist based in Austin, TX, Brandon Barker has written articles and developed content for Mozilla, SurveyMonkey, Food Network, U.S. News & World Report, The Nielsen Company and Roofstock.
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