Memphis Invest - Turn Key investing

[Ilan Friedman]

Hello,

I have recently learned of a company called Memphis Invest, after learning about Morris Invest and how that was a bust I was hoping someone can shed light on Memphis Invest in regards to their legitimacy and their functionality.

Thank you

[Steven Kleppin]

@Ilan Friedman I have one property from Memphis Invest that I got almost 2 years ago. I went with them because of their stellar reputation. I must say they have lived up to that reputation throughout the selection, financing, and owning. You can PM me for more details but some quick points i liked: over the past 2 years there's only been about $100 of repairs. The tenant signed a 2 year lease with a built-in increase rent after 1 year. I get a call every month from my "handler" to see if I have any concerns with the property. We'll see what happens when a new lease needs to be signed this fall but I'm optimistic.

I did use the financing company they referred me to, which required 25% down even though it's a single family.

@Chris Clothier