Memphis Property Management

Memphis Property Management Company for Single-Family Rental Owners

Rent priced to the market. Someone who answers when you call.

The details

Collaborate Real Estate Group is a Memphis property management company for single-family rental homes. We charge 8% of the rent we collect, plus a one-time leasing fee when we place a new resident. No setup, technology, or marketing fees. We manage properties across Memphis, Germantown, Collierville, Bartlett, Cordova, Lakeland, Shelby County, Southaven, Olive Branch, and Hernando.

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More below
  • 8% of collected rent
  • No setup, tech, or marketing fees
  • Local team since 2008
  • Same-business-day response
What owners get

The numbers that matter

8%
Flat management fee
Charged only on rent we collect
$0
Setup, tech, marketing fees
Every fee we charge is published above
1-day
Response window
Email us during hours, hear back that day
2008
Founded in Memphis
Local team, hands-on since day one
What’s included

What a property management company does for you

Every property we manage gets the full service. No add-on tiers, no upsells.

  • Marketing & leasing
  • Resident screening
  • Rent collection & payouts
  • Maintenance coordination
  • Annual inspections
  • Financial reporting
  • Lease compliance & evictions
How our pricing works

What a Memphis property management company costs, in full

The rates below are the same for every owner we manage. We publish them because when Scott was buying his first rental in 2008, he couldn’t get a straight fee quote from anyone in Memphis. So we don’t do that.

Every fee we charge, listed. No setup, technology, or marketing fees.

Monthly management
8%
Charged only on rent we actually collect. If a resident doesn't pay this month, we don't charge you this month.
New tenant leasing
50%
Charged once, when we place a new resident. Covers listing, showings, screening, and lease drafting.
Lease renewal
$250
Charged once, if a resident renews their lease with us. Cheaper than replacing them.
Annual inspection
$150
Once a year. We walk the home in person and send you photos plus a written condition report.
Vendor coordination
15%
Charged only when maintenance work actually happens. We schedule the vendor and review the invoice before you pay.
Down unit fee
$100
Only if your home is classified non-rentable and needs work before it can lease. Waived the day it's back on the market.
Worked example See what you actually keep on a $1,500 Memphis rental
Worked example

What you actually keep on a $1,500 Memphis rental

A typical single-family rental cash-flowing at $1,500 a month. Here is what our fees add up to over the year — and what actually lands in your account, before your own mortgage, taxes, and insurance.

Year 1 — new tenant placed
Gross rent collected ($1,500 × 12)$18,000
Less: monthly management (8%)−$1,440
Less: new tenant leasing (one-time)−$750
Less: annual inspection−$150
You keep$15,660
87% of gross rent, plus a fully leased, professionally managed home.
Year 2 — tenant renews
Gross rent collected ($1,500 × 12)$18,000
Less: monthly management (8%)−$1,440
Less: lease renewal−$250
Less: annual inspection−$150
You keep$16,160
90% of gross rent — because good management keeps residents in place.

Your own mortgage, taxes, insurance, and any repair work come out of the "You keep" figure. Vendor coordination (15%) applies only when there is actual maintenance work — it is not a monthly charge. The down-unit fee applies only when a property is classified non-rentable and requires rehabilitation before it can lease.

The Difference

Why owners choose CREG over other Memphis property management companies

One point of contact

Same person every month. Not a shared inbox, not a ticket queue.

Same-business-day response

Email us during business hours, hear back that day. No 48-hour auto-response window.

Rent gets re-benchmarked at renewal

We check comparable leases at every renewal. If the rate can move up, we tell you.

A Memphis single-family rental home managed by Collaborate Real Estate Group

How CREG compares to a typical Memphis property management company

What matters to owners Collaborate REG Typical Memphis manager
Monthly management fee 8% of collected rent 8–12% (10% most common)
Setup / signup fee $0 $200–$500
Technology / admin fee $0 $10–$25 per month
Marketing / advertising fee $0 $100–$300 per lease
Named point of contact Yes, same person every time Usually a shared inbox
Full fee schedule published online Yes, on this page Rarely

Competitor ranges based on publicly available fee information from Memphis-area property management companies, verified August 2026. Sources include iPropertyManagement, TurboTenant, Home365, Evernest, and LPS Memphis fee comparisons. Individual companies vary; ranges represent the market, not any single competitor.

The Collaborate Real Estate Group team — six members in the Collierville, TN office
The Team

The people behind your rental.

Six of us in one small office in Collierville. This is the crew that keeps your property leased, your residents looked after, and your monthly statement adding up. Not a call center, not a rotating cast — when you call CREG, you get one of these faces.

Questions for the team? (901) 343-6964

What owners say

From real Google reviews

★★★★★

“Collaborate Real Estate Group Memphis is comprised of real estate professionals that actually have experience in the industry. They understand the problems and work hard to offer solutions.”

— Sam S. · Google review
★★★★★

“This property management team has been a joy to work with. The staff and processes have been top notch. Thanks for all you do!”

— Jeremy K. · Google review
★★★★★

“Best company and friends in town. True world-class customer service — have always enjoyed working with them.”

— Jordan R. · Google review
Get a free rental analysis
Read all reviews on Google →
Fit Check

Who we manage for

We’re a good fit if you own between one and five single-family rentals in the Memphis area and you want to actually know the person managing them. Most of our owners fall into one of three groups.

Local owners with a few doors

One or two rentals on top of a day job. They want the phone to stop ringing without losing visibility into what’s happening at the property.

Out-of-state investors

A meaningful share of the homes we manage belong to owners who don’t live in Tennessee. The reporting, the photo updates from inspections, and the vendor-approval process are all built for owners who aren’t going to swing by the property.

Accidental landlords

Homeowners whose house didn’t sell, or who moved for work and want to hold the property until the market shifts. If that’s you, start here instead.

Scott King, founder of Collaborate Real Estate Group
Why we do it this way

A property manager that acts like a partner, not a vendor

Scott bought his first Memphis rental in 2008. Like a lot of new investors, he handed the property to a management company and expected the phone to stop ringing. It didn’t. So he started his own.

Collaborate Real Estate Group is the company Scott wished he could have hired that first year. Same operating rule today: fewer clients, done properly, with a real person on the phone.

The problems he was trying to solve, and still is:

  • Rent that hasn’t kept up with the market while expenses keep rising.
  • Vacancies that drag on, with no clear update from the management company.
  • Maintenance bills that show up without warning, context, or photos.
  • Calls and emails that go unanswered for days, especially if you live out of state.
Our process

Hire CREG in three steps

Most PM onboarding takes weeks of back-and-forth. Ours takes days.

  1. 01

    Request a free rental analysis

    Submit the form or call us. We’ll review your property and the local market. Under Tennessee law, property managers must be licensed real estate brokers — we are both.

  2. 02

    Get a custom management plan

    Rent target, service scope, and a clear fee schedule based on what your rental actually needs.

  3. 03

    We take it from here

    Listing goes live, screening starts, and a named contact picks up your account. Monthly statement, quarterly check-ins, and a phone that gets answered.

Areas Served

Memphis areas we manage property in

We manage single-family rental properties across the Greater Memphis area, including Memphis, Bartlett, Collierville, Cordova, Germantown, Lakeland, and Shelby County, as well as Olive Branch, Hernando, and Southaven in Northern Mississippi.

FAQ

Questions Memphis Landlords Ask Us Most

Get Started

Get a Free Rental Analysis

Tell us about your property. We will get back to you within one business day with a custom rental analysis and a clear next step.

For rental issues, please use the Resident Portal

Maintenance requests, lease questions, and rent payments are handled through AppFolio so they reach the right person fast. Click below to log in or set up your account.

Open Resident Portal →

Thanks — we got it.

A member of our team will be in touch within one business day with your free rental analysis. If your inquiry is time-sensitive, call us at 901.343.6964.

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