Real Estate Blog

Are you interested in Clarksville, TN real estate investing?

Investments come in many forms. Real estate is a type of investment that can deliver an outstanding return on your initial purchase price. However, you need to make sure that your chosen property is in the right market.

Clarksville, Tennessee, shows promising stats when it comes to real estate investments. The local economy, job market and quality of life support a potentially lucrative rental property strategy in the city.

In the following paragraphs, we’re going to take a closer look at the various factors backing up the potential of real estate investments in Clarksville, TN. You’ll learn exactly what makes the area stand out from the rest.

#1: Sustainable Economy

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Thanks to its cultural and commercial significance, the Tennessee Rental Market is booming right now. On average, city homes cost as much as $250,000 – so high that renting seems to be the most obvious option for many residents. 

In fact, according to RENTCafe, almost 50 percent of the population lives in rented premises. Additionally, this population is projected to continue growing in the future. 

So, if you are planning to buy an investment property, now is the perfect time to do so. If you do it properly, there is no doubt you can make quite a profit. 

7 Tips When Buying an Investment Property in Clarkesville 

As with any other investment, real estate investing has its fair share of risks. Failing to get something right along the way…

Do you know how to file an eviction lawsuit in Tennessee? If you wish to evict a tenant from your rental property you must ensure that you follow the proper legal process.

When everything else has failed, evicting a tenant from a rental unit may be the only solution left for you. Tennessee, like many states, has a pretty detailed tenant eviction process in place. As a result, a Tennessee landlord must follow all the steps for a successful eviction of a tenant from their rental unit. 

The following is an overview of the residential landlord and tenant eviction process in Tennessee as outlined by the Landlord and Tenant Act.

Step #1: Serve the Tenant with a Tennessee Eviction Notice 

Every Tennessee eviction process must start with an…

Being home to several large cities, Tennessee is estimated to have a whopping 6.65 million residents. These include Nashville, with a population of 684,410 (33% being renters), and Memphis, with a population of 657,167 (17% being renters). 

With this many renters, the Tennessee landlord-tenant laws are actually quite landlord-friendly. In other words, as a landlord, the cards may be stacked in your favor. 

In today’s article, we’re going to take a look at a basic overview of Tennessee landlord-tenant law. Understanding these laws can help you best serve your tenants based on Tennessee tenant rights and avoid potential legal issues. 

A Guide to Tennessee Rental Laws

Required Landlord Disclosures in Tennessee  

Under the Tennessee…

A Tennessee lease agreement is a legally binding contract between a landlord and a tenant over a rental property. It binds the two parties for a certain period of time, usually one year. During this time, both parties have a responsibility to adhere to its terms and conditions. 

But while most tenants who sign a lease intend to stay for the entire period, some leave the rental unit before it is up, and they break the lease. After all, life happens. Your tenant may have found a new job and needs to move closer to it. They may also have bought a home. Or perhaps, your tenant may be in the military and has received a change of station orders. 

Normally, breaking a lease can lead to several consequences. As a landlord, you can sue your tenant for…

The state of Tennessee, just like other states, has pretty straightforward security deposit laws. These laws define important things, such as where a landlord stores the deposit, reasons to keep a tenant’s deposit, when to return it after a tenant moves out, and more. 

As a landlord, it’s your responsibility to ensure your actions align with the provisions of the law when handling a tenant’s security deposit. 

Here are answers to common questions regarding security deposits in Tennessee: 

Question #1: Is there a security deposit limit in Tennessee?

Some states limit how much a landlord can charge their tenants as a security deposit. This is, however, not the case in Tennessee. As a landlord, you’re free to charge any reasonable amount. 

Here’s what to consider if you’re deciding between renting and selling.

Looking to buy a home? Click here to search all homes for sale in your area.

Looking to sell a home? Click here for a FREE home valuation.

So you have to move and are trying to decide whether to sell your home or rent it out and become a first-time real estate investor. Which is the better option in your case? There are several factors to consider before making a decision.

If you’re leaning toward selling, make sure the price you can list your home at makes sense. In other words, know whether you’ll be making money on the sale or not. To determine this for our clients, we provide them a comparative market analysis (CMA) that looks at the recent sales of other nearby…

These five tips will help you win in a multiple-offer situation.

Looking to buy a home? Click here to search all homes for sale in your area.

Looking to sell a home? Click here for a FREE home valuation.

How do you make a winning offer in this seller’s market? Here in Clarksville, the real estate market is hot; we’re seeing multiple offers at or above list price on homes within days or even hours of them being listed. You want to make your highest and best offer because when sellers receive multiple offers, they can either disclose that to all the interested buyers, or just work with the ones they prefer. So here’s what you can do as a buyer to make your offer more attractive to win the home in a multiple-offer situation:

1. Sales price.…

Here are tips for buyers and sellers in multiple-offer situations.

Looking to buy a home? Click here to search all homes for sale in your area.

Looking to sell a home? Click here for a FREE home valuation.

Right now, our clients are dealing with a lot of multiple-offer situations. This includes buyers and sellers, who need to handle the situation differently.

If you’re a seller who has multiple offers on your home, there are two common courses of action. The first is to simply work with the offer that you like best by either accepting the offer or countering. The second is to submit a multiple-offer disclosure to each buyer, requesting their highest and best offer and giving them a timeline.

For buyers, there are some different ways…

As a first-time buyer, here’s what to expect from the home buying process.

Looking to buy a home? Click here to search all homes for sale in your area.

Looking to sell a home? Click here for a FREE home valuation.

What does the home purchasing process look like for first-time buyers? Today I’ll take you through the whole transaction step by step so you’re fully prepared when it’s time for you to make the leap into homeownership. There are six key points to focus on: strategy, financing, showings, offers and negotiation, protection, and closing.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your…