Newbie investor in Memphis, TN

[Paul Schaefer]

Hey everybody.  My name is Paul Schaefer.  I am 37 years old & live in Memphis, TN.  I am looking to purchase my first investment property.  I want to start out fixing & flipping then eventually get into renting.

I have started the loan preapproval process, am currently reading the Ultimate Beginner’s Guide on BP, plan to upgrade to Pro so I can use the calculators, & plan on contacting a real estate agent today.  Are there any other tips or advice you could give a newb to get started?

Thanks everyone & I look forward to learning more on BP!

God Bless!

[Pamela Villa]

@Paul Schaefer

I've met some of the agents at Crestcore Reatly in Memphis. I haven't used them to do any transactions but they are highly knowledgable about the market and understand historical trends. They did a video you should check out that details pros/cons of several Memphis zipcodes depending on your desired level of involvement in managing the day to day. I'm sure you know Memphis quite well but may still find some good advice from a real estate perspective. 

https://www.youtube.com/watch?v=XwTDbZfem9A