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Why choose Omni Property Management to manage your rental property?  

Because we will keep your property occupied with high-quality tenants who pay rent on time. We will reduce your maintenance costs and manage the upkeep on your property.

Omni Property Management is a firm which is fully licensed to work in the states of Tennessee and Mississippi. During our 43 years of history, we have helped countless clients get the most out of their investment.

Most people who own a second home dream of retiring and living off their investment. However, running a rental business is not as easy as it seems. Owning a rental property has the same responsibilities as taking care of your primary residence. In addition there is the added stress of dealing with tenants on a constant basis. Therefore, it is managing repairs, maintenance emergencies, hoping a repairman shows up, yard maintenance and more. You also have to be careful to follow the law, make sure that your renters are respecting the terms of the lease.

So often, when an owner is dealing directly with a tenant it is easy to be blinded by emotions. People typically don’t intend to take advantage of other people. We all have had emergencies come up that make it hard to pay a bill on time. When a tenant calls and tells you their story, you remember that once upon a time you were in the same situation. You give them a little more time on the rent. Every scenario is different, they may never have a problem again or you are opening yourself up to listening to one sob story after another. People pay the bills they have to pay and negotiate more time on the bills they can put off. In the meantime, you have payments, mortgage, maintenance, insurance and property taxes have to be paid.

At Omni Property Management we understand tenants are going to have financial emergencies. We want to work with them to stay current with their rent. That is why we immediately start reaching out to them after the 5th of the month when grace period ends. We don’t wait for the tenant to call us with their situation. Instead we call them to get a handle on the situation before it turns into a problem. Next, we discuss and implement a plan that works for you and the tenant to stay on track with their required payments. Omni is a business that works for you. Our job is to keep your rental property occupied, taken care of properly and continue to be a source of income.

Whether you are a local resident or live out of state, we can take care of every aspect involved in the day-to-day management of your rental property. We start with marketing your property and finding the right kind of tenants. Next, write the lease,  tend to the tenants, carrying out regular maintenance and repairs, and more. Omni Property Management works to save you time and money

As your property management company our services include:

EFFECTIVE PROPERTY MARKETING CAMPAIGNS

As we are long-term players in the real estate business, we know how important finding the right tenant is to the success of your rental business. That’s why we focus all of our skills and resources in locating and attracting quality prospects for you. Our expert marketing team will ensure that your property stays occupied with responsible tenants. This way you are guaranteed to have a high return on your investment and a lower vacancy rate.

COMPREHENSIVE TENANT SCREENING

Weeding out the good prospects from the bad requires extensive research, time, and resources. At Omni Property Management we have developed a sophisticated tenant screening system. This allows us to identify the best prospects while keeping the bad ones away. Our tenant screening system is designed to guarantee our customers the maximum return on their investments and reduce the likelihood of an eviction. To make this possible, we screen each candidate thoroughly. Therefore. we are checking for past credit history, criminal record, employment status, and rental history, so as to only select the best of the best.

STRICT RENT COLLECTION POLICY

Rent collection is a necessity to the success of your investment. Unfortunately, it can also be a nightmare if you’re handling it on your own. When you entrust your Memphis property to us you are safeguarding your investment and securing your monthly income. We take rent collection very seriously, which is why we take every step necessary to guarantee that your income will arrive on time, including enforcing strict policies as well as allowing tenants to pay through our friendly online platform.

ROUTINE PROPERTY INSPECTIONS

Houses are an appreciating asset, but in order to keep the price of your property rising, it is important that it doesn’t suffer any long-term damage. As a property management firm, part of our job consists of carrying out regular property inspections to ensure that your tenants are complying with the terms of the lease.

QUALIFIED PROPERTY MAINTENANCE SERVICES

Keeping up with the necessary repairs and scheduled maintenance can be time-consuming and expensive. Especially if you are the DIY type of landlord. Our company has solid business ties with some of the best technicians and repairmen in Memphis. As a result, this allows us to get bargain prices for their services. In addition to saving you money, we also monitor any repairs done on your property to make sure that the repairmen gets it right the first time.

TOTAL TRANSPARENCY WITH YOUR FINANCES

As a professional Memphis-based property management company, we want our clients to relax while we take care of the hard work. However, we also value transparency very highly. This is why we make sure to submit detailed financial reports to you where we break down the state of your investment. This information can be accessed easily by logging into your online account on our website.

NO-NONSENSE EVICTION PROCESS

We consider evictions a last resort, but when the time comes to use them we are strict and straight to the point. We have an excellent track record at preventing evictions thanks to our detailed prospect screening process. However, when necessary we have an experienced legal team that can deal with the eviction process quickly. The goal is to have the best possible outcome for you. Afterwards, we get your property ready so it can be occupied by a good tenant as soon as possible.

To learn more about Omni Realtors and Omni Property Management click here

Why rent a home from Omni Property Management?

Whether you’re just starting out, moving to Tennessee for the first time, or have lived in the area your whole life, Omni Property Management is ready to help you live in comfort and style. Specializing in single family homes, we manage all of our rentals first-hand to ensure our tenants are taken care of. From cleaning to inspections to routine and on-call maintenance, we cover all bases to provide you with a truly excellent living experience. We also have the ability to accept payments on-line for your convenience.

Why Rent a home from Omni Property Management?

  • We manage a variety of homes located in and around the Downtown, Midtown, East Memphis, Germantown. Collierville, Bartlett, Cordova TN area and also some in Mississippi.
  • We screen all of our owners to be sure they will comply with our expectations, strict rules and regulations about how we treat our tenants. As a result, we have a great relationship with our owners and maintenance repairs are handled quickly.
  • Modern appliances and amenities at every location (vary by property).
  • Most of all, quick screening and application review process to get you moved in promptly.
  • Prompt maintenance and repairs with dedicated 24/7 emergency service so that you can live comfortably.
  • Quick response to calls and emails because we have a wonderful full-time staff prepared to answer your questions.
  • Online tenant portal with 24/7 access to rent payment, payment scheduling, reminders and also maintenance requests. Therefore, you are in the loop on what is going on with your home.
  • Convenient access to local shopping, dining, and entertainment, For shopping hot spots, activities and dining from downtown to the suburbs…click this link.
    http://www.omnirealty.net/shopping-hot-spots-activities-dining-downtown-memphis-suburbs/

You can browse our property listings to find a home that fits your criteria. Omni Property Management can’t wait to give you a tour! http://www.omnirealty.net/ Welcome home!

Shopping Hot Spots with Activities & Dining-Downtown Memphis to the Suburbs

Omni Property Realtors and Property Management can find you a home in any zip code. We will also give you directions to shopping hot spots with activities and dining from Downtown Memphis to the suburbs!

When it comes to shopping in Memphis, no matter what area of town you are in, you are never far from good shopping. We have the big box chain stores that are in every city. Target, Wal-Mart, Costco, Sam’s, Best Buy, Lowe’s, Home Depot and more are easy to find. Memphis also has a variety of local specialty boutique type shops as well as indoor and outdoor malls. If you need or want something ordinary or special, Downtown, East Memphis. Midtown Cooper-Young, Cordova, Bartlett and Collierville have it! In addition to the fabulous shopping opportunities below, here is more places to shop by zip code, click on the zip code. 38104,  38018,  38111,  38117,  38125,  38109  38135, 38134, 38122, 38108,  38115,  38060

Omni Property Management, shopping, activities, dining Bartlett, Cordova

Wolfchase Galleria Mall

Wolfchase Galleria is located around Bartlett, Cordova & Lakeland

SHOPPING-WOLFCHASE GALLERIA

Wolfchase Galleria is a ginormous mall east of the city in Cordova. It is easily accessible via I-40 from downtown / Midtown. Another route is to take Germantown Parkway from Germantown, Bartlett and Collierville. The mall has the big name anchor department stores, Macy’s, Sears, JCPenney and Dillard’s. There are also over 130 popular retailers from over 14 categories. Wolfchase Galleria probably has what you are shopping for! For a complete list of retailers click here

ACTIVITIES-WOLFCHASE GALLERIA

Malco Cinema and Grill offer the latest movies, refreshments and burgers. My favorite activity at the Wolfchase Galleria with my kiddos is riding the carousel. The little kids play area is located on the bottom level. A train drives around the mall during the day.

DINING-WOLFCHASE GALLERIA

The food court has a variety of sandwiches, stir fry, pizza, spaghetti, salads and tacos. Also available is snack food, smoothies, pretzels, cookies and Cinnabons. If you would rather have a sit down meal, the Cheesecake Factory is located at entrance 2. Around the corner from the mall are several casual restaurants, Chili’s, TGI Fridays and Hooters. In addition, Logan’s Roadhouse, Olive Garden, J. Alexanders and Red Lobster serve heavier meals. I drive around Cordova and Bartlett checking to see that are tenants are taking care of our owners’ property. After work, I enjoy meeting friends at the Cheesecake Factory.  The warm crab and artichoke dip is the boom!

Omni Property Management, shopping, activities, dining Collierville,

Avenue at Carriage Crossing

Avenue at Carriage Crossing is located around Collierville & Germantown 

SHOPPING AT CARRIAGE CROSSING

Collierville has an upscale outdoor mall, Avenue at Carriage Crossing. Besides the anchor department stores Macy’s and Dillard’s, there are also specialty retailers. Customers can shop for kids clothes, sports attire, adult fashions, jewelry and more all in 1 place! I enjoy the ease of parking in front of the store. As a result browsing for merchandise is faster and easier for me to find. There are days that I have 30 minutes between real estate clients. I can get into Sephora and out in less than 30 minutes. For a complete list of retailers click here

ACTIVITIES-AVENUE AT CARRIAGE CROSSING

The Courtyard by Marriott is located in the center turn-around parking lot. Hence, the Avenue at Carriage Crossing is designed to offer activities for families and adults. In addition to shopping, there are pampering services from hair salons, Massage Envy and a nail salon. During the holiday season Santa visits with a train to entertain kids. In the summer, there is a family movie series free to the public.

DINING-AVENUE AT CARRIAGE CROSSING

Customers consider Bonefish Grill, Carrabbas, Crepe Maker, Firebirds, Stix Japanese as upscale dining. Milano’s Pizza and Fridas Mexican are under the family restaurants category. For snacks, Avenue Crossing has Great American Cookies, Pretzels and Yogurt. When I am out with adults, I love to eat at Firebirds, I suggest the BLT salad. When eating with kids, Red Robin is a fun restaurant that serves burgers and fries.

Omni Property Management, shopping, activities, dining Germantown

Saddle Creek

Saddle Creek is located around Germantown, East Memphis & Collierville 

SHOPPING=SADDLE CREEK

The place to shop in Germantown is Saddle Creek because it has 3 sections of shopping over 3 different streets. The mall has the latest trendy upscale clothing, jewelry and cosmetic stores. Saddle Creek offers specialty boutiques that are exclusive to the Germantown lifestyle mall, Kendall Scott, Vera Bradley, Indigo, Paper Source, Michael Kors, Anthropology and more. There is also a mattress store on the corner. A lifestyle mall is an open retail shopping center, opposite of a regular closed mall.  For a complete list of retailers click here

DINING-SADDLE CREEK

Saddle Creek has a Starbuck coffee shop and restaurants that range from fancy to local Mexican. If you want fancy, I suggest Stony River, for sushi try Sekura and if you are in a hurry, Wendy’s makes a good burger. Real estate agents and property managers use the phrase people either live in Germantown or want to live in Germantown.

Omni Property Management, shopping, activities, dining Memphis Regalia

Regalia at Ridgeway Center

Regalia at Ridgeway is located around East Memphis & Germantown 

SHOPPING-REGALIA AT RIDGEWAY

Regalia at Ridgeway Center is an outdoor shopping center. It is located in East Memphis on the busy corner of Ridgeway and Poplar.  Customers can shop specialty clothing boutiques that are currently exclusive to Regalia.  Oak Hall has been a staple for upscale men’s and woman’s clothing in Memphis since 1859. Oak Hall now carries Vineyard Vines in all sizes. Lululemon Athletica are workout clothes for woman that have gained popularity in the last few years. The Fitting Place offers customers another shopping option for under garments, pajamas and swimwear. Pregnant customers can buy trendy stylish maternity clothes at Pea in the Pod Maternity. The brand is considered expensive compared to other stores. RSVP Stationers is gift and stationary store that can make invitations and note cards. To learn more click here

SHOPPING-REGALIA AT RIDGEWAY

Ruth’s Chris Steakhouse, Salsa Mexican and Owen Brennan’s Cajun Restaurants are upscale adult restaurants within the Regalia. Famous for great food and alcoholic beverages all 3 restaurants stay busy. Grisanti’s Italian Restaurant is a local favorite, only a 1 mile drive from Regalia. Patrons can also order from Paradise Café for health food in the Regalia parking lot.  In addition to fancy restaurants, there are casual places to eat close by. Jason’s Deli, Pizza and PF Changs are 3 miles away. Fast food options include Chick fil a, Humdingers and Wendy’s restaurants.

Omni Property Management, shopping, activities, dining East Memphis

Laurelwood Shopping Center

Laurelwood Shopping Center is located around East Memphis & Midtown

SHOPPING-LAURELWOOD SHOPPING CENTER

Located in East Memphis on Poplar Ave is Laurelwood Shopping Center. Laurelwood is a charming, unique and distinct shopping experience. Customers can shop stores and boutiques that are one of a kind in Memphis. Consequently, Laurelwood is described as fancy shopping. In addition to trendy and conservative apparel stores for Men and Women, there are home décor and furnishing stores, Cotton Tails children’s clothes, Pavo Salon Spa, fitness and health stores, jewelry and accessory boutiques.  For a complete list of retailers click here

DINING-LAURELWOOD SHOPPING CENTER

Grove Grill is a local restaurant in the Laurelwood Shopping Center. Customer’s favorite dishes are roast duck, fried green tomatoes, shrimp and grits. The chain restaurants are Panera Bread, Rafferty’s and On the Border. In addition to sit down restaurants, Wendy’s and Bagels are close. Frost Bake Shop is amazing! Customers can eat a cupcake, drink a cup of coffee or order a special occasion cake. As a result of popularity, they now offer cake decorating lessons. Dinstuhls is a local candy store that sells Memphis wrapped candy, fudge, specialty chocolates and more!

Omni Property Management, shopping, activities, dining Cooper Young Midtown

Memphis Antique and Design District

Memphis Antique and Design District is located around Midtown, Cooper-Young & East Memphis 

SHOPPING-MEMPHIS ANTIQUE AND DESIGN DISTRICT

Cooper-Young area in midtown is where the famous Memphis Antique and Design District is located. Most of all, it is a cool place to find unique, one of a kind items. In addition to antiques, customers can shop for rugs, garden accessories and modern home furnishings. Palladio and Toad Hall rent booths to exhibitors. Because of this. there are many styles of wood and fabrics to choose from. Also available to clients are interior design services. Interior designers work directly with patrons to achieve harmony. There are a variety of shops selling art work from local talent. Customers can buy clothes that are considered vintage from retro boutiques. My favorite place to shop is Flashback. It is a vintage department store, probably featuring the biggest selection in Memphis of 20th century items. Browse vintage items Flashback sells,click here  

DINING-MEMPHIS ANTIQUE AND DESIGN DISTRICT

While in the Copper-Young area, try one of the popular restaurants. Sweet Grass, Café Ole, Celtic Crossing and Central BBQ are probably in the top 10 restaurants to try. Sweet Grass serves farm to table southern fare food. Chicken and waffles are available for brunch on Sunday so get up early. Cafe Ole has fresh guacamole that is amazing! Celtic Crossing is an Irish pub where the fish and chips are out of this world! In Memphis customers can’t go wrong with Central BBQ.  My favorite place to eat is the Beauty Shop Restaurant. It is a whimsical new American eatery and bar sporting vintage hair-dryer chairs and glass-brick booths. Most noteworthy, is the B, L, FGT and A (bacon, lettuce, fried green tomato and avocado) sandwich with lemon aioli. Delicious! Check out their menu click here

Omni Property Management, shopping, activities, dining South Main Downtown

South Main Historic Art District

South Main Historic Art District is located around Downtown  & Midtown

SHOPPING-SOUTH MAIN HISTORIC DISTRICT

South Main Historic Art District is located in downtown Memphis. Because of the architecture and historical character of the buildings, it is listed on the National Historic Places for Shelby County. Real estate is booming tor retail space on South Main. Many stores are in renovated historical buildings. Customers can shop art galleries, specialty food grocery stores and old book stores. Also, there are many boutiques for clothing, shoes and jewelry. To learn more  click here 

DINING-SOUTH MAIN HISTORIC DISTRICT

Also located in the South Main Art District are restaurants and bars. Because The Arcade has been open since 1919, it is the oldest cafe in Memphis. Customers can buy breakfast, salads, sandwiches and pizza. Gus’s World Famous Fried Chicken is known for spicy fried chicken and sweet tea. In addition, to spicy fried chicken are southern side items, baked beans, potato salad, coleslaw, mac and cheese. Due to the popularity of Gus’s, they have expanded to opposite sides of the city. Another great option is Earnestine & Hazel’s, a casual bar and grill maybe haunted. Furthermore, the menu is simple, burgers and beer. The soul burger is amazing! check it out….click here

Omni Property Management, shopping, activities, dining Downtown Memphis

Bass Pro Shop at the Pyramid

Bass Pro Shop is located around Downtown  & Midtown

SHOPPING-BASS PRO SHOP

Bass Pro Shop at the Pyramid, located in downtown Memphis has been a national destination experience since 2015. First of all, the store is 1250 square feet compared to the other stores 20,000-450,000 square feet. Due to the massive selection of fishing, hunting, boating and outdoor products Bass Pro Shop has what you want. There is equipment for water sports, camping, shooting and driving ATV. Rather than packing a sandwich for lunch, customers can marvel and buy outdoor cooking machines. In addition, clothing for any recreational activity can be found around the store. For more information click here

ACTIVITIES-BASS PRO SHOP

Because Bass Pro Shop gives the feeling of being outside, it is a fantastic adventure. While playing at the 13-lane bowling alley, gun range, archery range or shooting gallery, the fun can last for hours. In addition, the giant fish tank, stuffed bears, cypress swamp filled with fish and alligators is cool to experience. Probably the best ending to the day is riding the 28-story freestanding glass elevator to the observation deck to the top of the Pyramid.

DINING-BASS PRO SHOP

Uncle Buck’s Fish Bowl and Grill inside Bass Pro Shop is a casual family restaurant. Since the menu has appetizers, sandwiches, pizza, fish, shrimp tacos, salads and burgers, everyone can pick something to eat. Most of all, my kids loved the giant fish tank in the middle of the restaurant. A fancier dining choice that is opposite of Uncle Buck’s is the Lookout at the Pyramid. Specializing in seafood, oysters, red fish, trout, scallops and salmon has been successful. In addition, they serve steaks, elk chops, chicken and ribs. Most noteworthy, the country store sells a variety of delicious fudge. Another option is to buy snacks to take home. Almost every cash register offers treats.

 

 

How to Find the Right Property Manager

How to Find the Right Property Manager

Investing and running rental properties is a lucrative business that is undertaken by many people. Often, rental properties are located outside the primary area of residence of the investor and/or owner.  Also, most investor or owners do not have much experience when it comes to running and managing a rental operation. This is especially true for first-time investors who might have the money and the inclination to invest but do not have the necessary skills or time to run that particular business. (more…)

How to Set the Perfect Rent Price for Your Rental Property

You’ve purchased your rental property and are now ready to enjoy the nice cash flow that comes along with the title of “landlord”. But before you can list your property, you must decide how much to rent it out for. You don’t want to set the price too low and miss out on additional income, but you also don’t want to overprice yourself out of the market. So, how do you determine the perfect rental price? Let’s take a look at some of the things to consider when setting your rent price.

What’s the Market Rate in Your Area?house value

To give you a good ballpark range of rental prices, check out your competition. What are other landlords and property management companies charging for rent in the area? Examine these properties and compare them to yours. You can do this through research online, in realtor magazines or flyers, or even by visiting the properties. For the best comparisons, try to find properties within close proximity of yours with similar square footage and amenities.

You can also talk to a realtor for advice. Perhaps the one who helped you purchase the rental property can pull some comparisons for you. Use this information as a starting point to help you determine the right price for your property. (more…)

How to Screen Tenants For Your Rental Property

How To Screen Tenants in Memphis

As a Memphis landlord, you know what you want in a tenant. Chances are you want renters who pay on time, keep your rental property clean and do not disturb the neighbors. It’s important to screen applicants properly to find the ideal tenants for your rental property. Screening begins with the rental advertisement when you explain your requirements. In order to adhere to fair housing laws, you must apply these requirements across the board for all applicants. (more…)