Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Thomas Fey
  • New to Real Estate
  • New York
0
Votes |
2
Posts

Memphis Tennessee Electric Standards

Thomas Fey
  • New to Real Estate
  • New York
Posted

Hey guys recently went into contract on a turn key property out in Memphis, TN. Just received my home inspection and a lot of the electrical outlets remain ungrounded. Is this standard for that area or am I assuming correctly that this house is long overdue for an electrical update? Located in NY and purchasing first turnkey property out of state. 

-Tommy

Most Popular Reply

User Stats

2,216
Posts
3,460
Votes
Chris Clothier
#4 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • memphis, TN
3,460
Votes |
2,216
Posts
Chris Clothier
#4 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • memphis, TN
Replied

Tommy,

No, this is not standard and you should expect that electrical system have been brought up to date and with required permits pulled - especially when buying out of state, far from home and turnkey.  Too often, the word turnkey is inserted into a sales process when in reality, maintenance is deferred and work is done without permits.  In my opinion, both of those completely negate the reasoning behind buying a true turnkey property.  Sometimes little details are missed so you can alway give the seller a little benefit of the doubt, but I would not recommend buying a home, turnkey or not, without updated electrical.  As I noted above, I would also not recommend moving forward if work has been done and permits have not been pulled.

business profile image
REI Nation
4.5 stars
68 Reviews

Loading replies...