Lavish Property Solutions in Chattanooga: High-End Residential Real Estate Management
Lavish Property Solutions is a residential property management firm serving affluent homeowners across Chattanooga's premium neighborhoods, handling full-service management of investment properties and second residences from lease negotiation through tenant relations and maintenance oversight.
What Lavish Property Solutions actually is
Property management firms in Chattanooga typically fall into two camps: general-market operators handling scattered portfolios across price points, and specialists focused on higher-value properties where owner expectations and tenant profiles demand distinct approaches. Lavish positions itself in the second category. The company manages residential properties in neighborhoods including North Shore, the historic districts near Fortwood, and areas around Lookout Mountain, where property values and rental rates justify the overhead of customized tenant screening and hands-on property oversight.
The firm operates as a full-service management company, meaning the owner transfers day-to-day decision-making to Lavish rather than retaining a hands-on role. This model suits owners who live outside Chattanooga or who prefer not to field tenant calls at 11 p.m. on a Sunday.
Services and fee structure
Lavish's core offering bundles tenant acquisition, lease administration, maintenance coordination, and rent collection into a single engagement. The firm does not list properties or handle the initial marketing phase; owners are expected to work with a real estate agent to position the property and determine rental rate. Once that step is complete, Lavish takes over.
Monthly management fees typically run 8 to 10 percent of monthly rent, a range consistent with Chattanooga's mid-to-premium market but higher than general-market operators that charge 6 to 8 percent. The higher percentage reflects the additional screening and communication standards applied to properties in this segment.
Tenant placement involves background checks, credit verification, and reference calls. Lavish does not publicly detail how strictly they apply these criteria, so owners should ask directly whether the firm screens for credit scores above a specific floor or income-to-rent ratios. Lease templates are Lavish's own, not Tennessee's statutory form, meaning owners should have an attorney review terms before signing with the firm if they own multiple properties or have experienced tenant disputes.
Maintenance coordination operates on a separate fee: owners pay 1.5 to 2 percent of rent monthly for Lavish to coordinate repairs, collect bids from contractors, and handle emergency callouts. Some owners bundle this with the management fee; others hire their own contractors to hold costs down. For owners managing a single property, bundling usually makes financial sense. For owners with multiple properties, the added layer of contractor overhead may not justify the convenience.
Eviction services and legal support are not included and require referral to a Chattanooga-area attorney. This is standard practice, since property managers cannot provide legal counsel.
How Lavish compares to other Chattanooga options
Chattanooga's property management landscape divides between national platforms, regional firms, and independent agents. Zillow Rental Manager and similar digital platforms charge $15 to $20 per property per month and handle only rent collection, tenant communication, and lease document storage; owners manage maintenance coordination and tenant screening independently. These work well for owners with strong contractor networks and tenant-vetting confidence.
Regional firms like [confirm local competitor name before publishing] manage multiple price segments under one roof, applying the same playbook to a $900-per-month duplex and a $2,500-per-month North Shore residence. This uniformity reduces costs but also means less customization. Lavish's higher fees reflect the reverse trade-off: more owner contact, more selective tenant placement, and faster response times to maintenance calls.
Independent agents operating solo or in pairs from local brokerages often charge 7 to 9 percent and operate with less organizational backup. They may provide more personal attention but offer no redundancy if the agent is unavailable during a tenant emergency.
Choose Lavish if you own one or two high-value properties, live outside Chattanooga, and want to reduce personal involvement. Choose a digital platform if you're comfortable handling tenant issues and have reliable maintenance contractors on speed dial. Choose a regional firm if you own multiple properties across price points and want simplified billing.
Who Lavish suits and who it does not
Lavish suits absentee owners, owners managing rental income as passive investment rather than active business, and owners who've had negative experiences with independent contractors or unvetted tenants. The firm also suits owners who prize consistency and documentation; Lavish maintains formal files on all maintenance requests and lease events, which can be valuable in a dispute.
Lavish does not suit owners who like to set rental rates low to attract longer tenures, owners who negotiate lease terms case-by-case with tenants, or owners who enjoy the day-to-day problem-solving aspect of being a landlord. It also does not suit owners managing properties at $1,200 per month or below, where 8 to 10 percent in fees consumes too much of the profit margin.
What the first visit involves
Prospective owners contact Lavish via phone or email to request a property walk-through and fee estimate. Lavish staff will visit the property, assess its condition and market-rentable rate, and return a written proposal outlining monthly fees, scope of services, and the lease form the firm intends to use. This is the moment to ask about tenant screening criteria, contractor relationships, and how the firm handles capital versus routine maintenance decisions. Owners should also confirm whether Lavish's lease aligns with Tennessee statutes and whether the firm requires a minimum engagement period or allows month-to-month termination of the management contract itself.
The onboarding process typically takes two to three weeks from signed contract to active management, assuming no immediate repairs are needed.
Hours, parking, and logistics
Lavish operates standard business hours Monday through Friday, 9 a.m. to 5 p.m., with an emergency maintenance hotline for after-hours tenant calls. The firm's office is located in the North Shore area, accessible by car. Confirm current contact information and whether the emergency line is staffed 24/7 or rolls to voicemail with next-business-day callback.
Lavish Property Solutions fills the niche of owners who have purchased high-value Chattanooga properties as investment or retreat space and need professional representation without involvement.
