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Rental Property Investing
End to end services for investment real estate.
Trust Southern Sky Realty with your Investment
Investing in real estate can be a daunting task for many, especially when compared to the familiarity of traditional investments such as stocks and bonds. Concerns over finding the right location, choosing the right real estate agent, and managing the asset can often deter potential investors.
Southern Sky is a leading real estate investment firm that specializes in the purchase and management of investment properties. Our team understands that managing real estate investments can be a complex process, which is why we offer end-to-end services to help our clients navigate the market with ease.
Our approach is simple: we help you identify and purchase the right investment property that aligns with your specific goals. From there, we work closely with you to manage the property in a way that maximizes your returns. By providing comprehensive services from acquisition to management, we ensure that you are always in control of your investment.
At Southern Sky, we believe that quality investments and quality tenants are the key to success in real estate. That's why we work diligently to locate the best properties for our clients and place tenants who will help them achieve their financial goals. We're invested in your success, and we're committed to helping you build wealth through real estate investing.
Our services are particularly beneficial for out-of-state investors or those who prefer a hands-off approach. We have a proven track record of successfully managing properties on behalf of our clients, and many of our satisfied clients are real estate agents themselves who trust us to provide them with sound investment advice and management services.
In short, if you're looking to invest in real estate but are unsure where to start, Southern Sky is the partner you need. With our expertise and comprehensive services, you can rest assured that your investment is in good hands. Contact us today to learn more about how we can help you achieve your financial goals through real estate investing.
Owner FAQ's
I'm with a large national firm. Is there anything they have that you don't?
Yes! The biggest difference is we answer the phone when you call. Have a question about your rental or statement? You can call the owner of the company. We have top of the line software programs, accoutning, maintenance, marketing, leases, internal legal support, Tenant screening, auto bank deposits, and inspections with none of the large firm communication issues. We proudly have invested in high end software which matches (and in some cases is the exact same) as the largest rental management firms in the country. All the tech with all of the customer service. Try it today and give us a call.
How do you market the property?
We market the property via the MLS and our online media outlets. It's sent to over 150 platforms. All calls and inquires come directly to us to provide showings and schedule times to talk with potential tenants about the property.
How do you screen tenants?
We spend time screening quality tenants for you. We used a third party service (no charge to owners) that provides Eviction History, Previous Address History, Terrorist Alert, Multi-State Criminal, Multi-State Sex Offender, Credit Report, and an employment verification done by our staff. Since this is a 3rd party we can't guarantee the accuracy but our vendors have proved to provide quality service. We take pride in complying with the guidelines set forth by HUD and the Department of Housing and Urban Development for fair practices. The Federal Fair Housing Law states that there shall be no discrimination against any applicant for housing on the basis of race, color, religion, national origin, sex, marital status, familial status, or handicapped status. Southern Sky Realty, LLC supports and promotes this Fair Housing Doctrine.
How do I get paid?
We keep detailed accounting of each properties balances. This is reconciled monthly and can be viewed in your OWNER PORTAL LINK. Once rents have been collected and all fees & maintenance have been deducted the remaining balance (minus the property operating account balance of $500) is sent electronically to the owners via our payout system. We send monthly reports along with receipts. This can all be downloaded on your owner portal.
What do we do if the rent is late?
Rent is typically due on the 1st of each month with a 5 day window to deliver the rent in full. If the tenant is late on the fifth we send reminders. If the tenant does not comply we follow the guidelines set forth in our property management agreement including potentially starting the eviction/collection process. The tenant is typically responsible for costs besides the initial filing which is around $400. Our staff prides ourselves in our ability to prevent most of these situations. TN landlord laws heavily favor the landlord over disputes and issues regarding tenants.
What if something needs to be fixed at the property?
The tenant will contact us with a repair request and we will have one of our vendors attend to the matter. The vendors are vetted through our ongoing process of finding quality and adjusting our list of vendors accordingly. All issues less than $500 will not need approval (unless your agreement says otherwise) and we will go ahead an approve the warranted request. All other request will need owner approval. All issues are documented and receipts are provided. Only the fee charged by the vendor is charged to the owner. The management of the repairs/vendors is part of our services.
How do I see my statements
These can be viewed by the 15th of each month in your owner portal. We have the best software for easy access to all your info.
How do I prepare my home to become a rental property?
The property condition has a direct correlation to the rent the property will get on the market. It is important that the property be professionally cleaned and no personal items are stored on the property. One of our agents will walk through the property with you and make notes during your consultation on any potential items that need to be addressed before a tenant can move in. Painting and touchups may be required as well. We have vendors ready to attend to these matters. Any additional items that stay with the unit, (fridge, washer & dryer) must be maintained if made part of the lease. Re-keying the locks for the new tenants is also recommended I am going to write my answer.