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Updated about 9 years ago on . Most recent reply
Memphis Home Inspector
Hi, we are buying Turnkey properties through Mid South Home Buyers. I am looking for a good home inspector. Has anyone on the forum interacted with Brandon Dyles of picture perfect inspection? Thanks!
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Yes, as @ Alex Craig said keep in mind that I'm relatively new to Memphis, going on two years. Disregard my 16 years of investing and property management experience because I may not have been able to tell how bad Frayser was when I drove through it and was researching the area. It may take time for some to know that Frayser sucks but honestly I figured that out right away, especially since my wife grew up there and still spends several months there a year. I see how bad it is but I'm fine with a portion of my portfolio being in that area/zip code.
With that, I do agree with Alex's assessment, though I didn't speak of Frayser in my recommendations or bring up Frayser at all.
Disregard that I only recommended a property inspector, Jason Lovelace, that I have used several times and which his friend Curt, that he was driving around with, also recommended.
Disregard that I only mentioned Mid South, who is by far my favorite turnkey company in Memphis at this time, who Alex also says that Douglas, as a long time local investor, would be a good person to listen to and have manage properties. Alex, I agree with you.
By the way, the company Douglas runs does manage my properties in Frayser and they can be a challenge.
So @Sam Elder, since you are asking me what my opinion is I will tell you. I would buy a home from Mid South in Frayser as I know their track record for properties in that area, at least for the past few years, you know, since I haven't lived there all of my life. You would probably be better off buying in Raleigh or Hickory Hill though. What Alex and the others have said are true. It's a challenge but not as bad if you have the right company managing the home.
I don't know your experience or knowledge so again, Mid South will do a great job. I would would recommend keeping only a small percentage of your properties in Frayser unless you are risk adverse or really want to focus in on the cheaper homes and plan to be very hands on. In the long run the costs and vacancy will be higher.