Chosing market: Memphis vs OKC vs Indianapolis.

[Svetlana Helms]

I am an out of state investor. I need to buy 6-8 doors in 2020 for long term hold. Which market do you think gives the best bang for the buck. I am having trouble focusing on one. Looking for 10+% COC return. Thanks!

[Jay Hinrichs]

Originally posted by @Koleton Daley:

@Jay Hinrichs thank you for your opinion. It’s of great value 🙂

In our opinion, people need to know who they’re working with if they decide to work with these groups in Memphis. With us voicing our experience and opinion we feel that we’re helping people to make easier decisions on who and what kind of property manager they’re working with. It’s still ultimately up to them to make that decision. We feel that people on BP are searching for Information like that and its invaluable to the individual looking to own property in Memphis.

We didn’t have a bad experience with owning property.. With our experience it was the dishonest property manager that was over billing, making repairs without authorization, billing for repairs that they never completed, and causing additional damages to our homes along with some other dishonest things. That dishonest property manager for us was Crestcore. Once we got rid of them, everything has been amazing for us in all honesty. One of our tenants even thanked us. We would encourage anyone and everyone to seriously consider Memphis as a market to own property in!

From our own experience, we will still say that we wouldn’t recommend Crestcore for any kind of service in owning property in Memphis but that is solely our opinion.

Well then if this is all true there are places to file these grievances that are more appropriate than just slinging mud on BP.  For PM nationwide these are very common complaints no mystery there.  and no one buys low end rentals and it all goes perfect that i dont believe for a second.