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Updated over 5 years ago on . Most recent reply

User Stats

48
Posts
8
Votes
JJ Mayer
  • Rental Property Investor
  • Bloomington, IL
8
Votes |
48
Posts

Considering Turnkey Investment with Memphis Invest

JJ Mayer
  • Rental Property Investor
  • Bloomington, IL
Posted

Hi BP family...

I'm a part-time investor now with 3 cash-flowing, single-family rentals that I actively manage myself.  With lots of travel for work, I'm looking to invest outside of my base area (central IL) and increase the "passive" aspect of my cash flow.  That said, I'm having an initial call with MemphisInvest tomorrow to hear their sales pitch, and I intend to document my experience here in the BP forums.

I've probably over-prepared with my questions and criteria, BUT if anyone has any words of wisdom or can offer smart questions to ask, please let me know and I'll report back soon.

Cheers!

Most Popular Reply

User Stats

5,028
Posts
2,573
Votes
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

No matter what company someone looks into you are bound to find a % who have had either a bad experience or something didnt go as planned. At time there is no way to avoid this.  So what happens if you find a few investors who had a less then desirable experience, you will also find many who have had a great experience. Considering their time in the business, number of markets they are now in and the size of their team, its fairly safe you will be talking with one of the better companies who are a TK provider in the country.  

Also like @Chris Clothier mentioned, sometimes an investor is not a good fit for their company and the other way around. No one company is perfect. 

@Antoine Martel welcome to BP, as you will find out there is a ton of information here as well as great networking opportunities. Also being as new as you are you should not be trying to burn any bridges as in reading your posts you make it sound like you have a lot of people who have purchased from Memphis Invest who had a bad experience and your wanting to put people in touch with them. It benefits you in no way to do this and could make you look very unprofessional to the people who may read these posts.  Take care!!

  • Curt Davis

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