Who's active in Tennessee?

Question

I'm looking to buy some rehabs and possible holds (single or multi) in Memphis, Chattanooga, Knoxville and/or Clarksville.

Looking for wholesalers, agents, and contractors in these areas.  Would consider JV deals in these areas with people experienced in construction that can manage the jobs.

James Wachob · Answer

@Darrell Shepherd I'd suggest working with a licensed GC, who specializes in the investment world. Are you planning a trip to Memphis? My team would be happy to give you a tour of our town.

Curran Scarlata · Answer

Hi. Put me on your list. I am in Murfreesboro. I have rehab experience. I would be interested in talking to you about what you had in mind.

Aaron Lovett · Answer

Hi @Darrell Shepherd - I'm a Realtor in Murfreesboro, SE of Nashville, and have lots of experience doing rehabs and residential construction.  If you want to do anything in this area, feel free to reach out.

Robin Watson · Answer

@Darrell Shepherd  Deals are definitely harder to find right now.  On the other hand, when you do find a deal and turn it around, it won't stay on the market long.

Darrell Shepherd · Answer

@Robin Watson  Robin, I love Nashville, its what sparked my interest in Tennessee.  The only reason it wasn't on my list is because its so hot the deals aren't there from what I could tell.  I'd definitely go away from the crowd if it made sense.

Darrell Shepherd · Answer

I'm looking for flips at 70% less repairs or better, over $130k or so ARV.  I'll cheat on that a little if its a light rehab in a fast selling area, though.  What's the story on the Germantown house?  $200k all in, or does it need repairs on top of that?

Spencer Shadrach · Answer

@Darrell Shepherd I currently have inventory.

3 buy and holds $30k a piece 2/3 rented Potential rent $1675

1 flip/buy and hold in germantown $200,000k worth $270,000

1 buy and hold in bartlett $185,000 can be rented for $1500

1 buy/hold or fix/flip in collierville $180,000 worth $250,000

Robin Watson · Answer

If you have any interest in the areas south of Nashville, let me know.  A lot of people who are no longer able to afford Williamson county are looking at Maury county.

Jason Hopkins · Answer

@Darrell Shepherd  I'm a investor and realtor in Memphis.  My broker provides property management in addition to repair/rehab services.  Lets connect.

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