Welcome To our site, Cheap Homes For Rent, We are so glad to have you check out this site as we aim at presenting and introducing you to the most affordable and quality homes in Memphis City Tennessee Area.
Memphis City TN represents currently the #1 place to invest in rental properties, to be successful in investing in Memphis or any other place, you need preparation and getting the neccesary investment structure from the start.
What is cheap homes? cheap homes does not mean undiserable homes in a very dangerous neighbourhood that no one want to live in, rather the properties we aim to presents here are goood quality fully rehabbed in a good neigbhour, the only reason we can offer them at affordable rent is because all the homes in our database are homes we own, we rehabbed them and we manage them, but what is the most esential part of our renting procedure is that we have strict rules in vetting our potential tenants
What type of tenants do qualifies to rent your homes:
1: We firstly insist that the potential tenants is currently in full time employment and has got at least a twelve months employment record that can be duly verified by our administrator.
2:we generally like to see that the potential tenants are community charge and electorally registered. I also want a reference from their employer or someone who can act as a sponsore.
3:we tend to look for potential tenants that tend to stay in one location for a long period of time hence we propose to the potential tenant, that as a appreciation for their continued happy rental i.e, Rental payment on time, property well maintained, all utilities paid and up to date that after 12 full months of such happy rental that we offer that them 1 free month rental at the expiration of the second anniversay of the tenantage thereby offering the tenant a 5-6% discount on his or rent and this offer continus every 24months of the tenant still in the property and the option to buy the property will be triggered at the 5th anniversary of the tenant if she or he so wish.
4We request a one month full rent up front and another full month deposite to put in escrow if the tenant breaks the rental agreement to aid with the court eviction but this deposite will be refunded if the tenant leave the property in good fate without any damage to the property.