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All Forum Posts by: James Wachob

James Wachob has started 132 posts and replied 982 times.

Post: new real-estate investor looking for my first passive investment

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

I'm a Real Estate Broker in Memphis and would love to speak with you. 

Jw

Post: Package Deal 10 * SFR in Memphis, Tennessee

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

I have a great home inspector if you need a referral. 

Jw

Post: Property management in Memphis

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844
Originally posted by @Howard Chou:

is the memephis (cordova) rental market not good right now?  my property management company has not been able to rent my property out since may.  i am considering if i should find another property management company.

Howard,

My biggest issue is lack of inventory! Call me. I'd love to help. 

Jw  

Post: Woohoo - SFR #2

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

Congrats! I will speak with our leasing agents but $1100 should be doable if the unit is clean, and in a good area of midtown. I have a great guy to refinish hardwood floors if you need a referral. 

Jw

Post: New investor in North Ms and Memphis tn

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

Auto correct got me... Call or text me and we can look at some properties next week

Jw 

Post: New investor in North Ms and Memphis tn

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

Melvin,

I have a perfect $35,000 foreclosure in Hornlake you should check out! I'm a RE Broker and would love to help you out. We also offer property mgmt if you need help on that end. 

Jw

Post: If and when the sky "IS" falling, will it crash on Turnkeys too?

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

Many of my clients bought their first investment homes, in Memphis, from a turnkey/flip company. The markup on these properties was tremendous. Therefore, they are married to those properties until the market shifts. 

On the other hand, properties these same investors bought through me. (A RE Broker NOT a flipper) They bought at a fair price and are realizing fantastic returns... no reason to ever sell. Our property management team takes care of everything and sends back the returns quarterly. 

Jw

Post: Memphis Versus North Mississippi?

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

I live in Memphis and am a licensed RE Broker in TN & MS. Some people choose to move outside of the Memphis city limits to save on taxes or perhaps for a better school option, but most choose to do so for the ability to purchase more home for their $$$.

What are the pro's/con's of N. Miss versus investing in the Memphis area ? Pro's = great schools Con's = hard to deal with utility companies

Are there any unique market characteristics that make N. Miss a more desirable investment locale than the Memphis area?  less apartment in N. MS than in Memphis, TN

What's the rental demand in N. MIss.? High! due to a lack of apartment complexes. 

We build in all of these areas. I would be happy to answer any questions you may have.  

James Wachob

Post: new member from Memphis

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844
Welcome Doug!

Post: Memphis 38117

James Wachob
Posted
  • Real Estate Broker
  • Memphis, TN
  • Posts 1,437
  • Votes 844

I live in 38117.