All Forum Posts by: Allie McAlister

Hi Rudy, 

Welcome to Bigger Pockets! You're making all of the right steps as you look to get started here. I'm an investor-focused agent in Memphis and I'm happy to help source some good off-market deals for you and connect you with trusted property management and general contractor teams that we've done a ton of work with. I'll send you a DM as well. 

Best of luck!

Hi Rudy, 

Welcome to Bigger Pockets! You're making all of the right steps as you look to get started here. I'm an investor-focused agent in Memphis and I'm happy to help source some good off-market deals for you and connect you with trusted property management and general contractor teams that we've done a ton of work with. I'll send you a DM as well. 

Best of luck!

Hi @Amaya Volz

This is a great first step. If you have educated yourself, the next step is to build your team and get approved with financing. I'm an investor-focused Realtor in Memphis, TN and building your team is the most important part of this process as you get started. 

Best of luck!

Hi @Edward Dandrea

You're in the right place with your thoughts about Memphis, TN as a good market to invest in for the low entry points we see here. I would advise that we don't get too excited about SUPER low entry points in certain areas because that can come with a lot of headache and risk. The $110-150k price range is where we will find some really solid opportunities. I'm a local agent that works with OOS investors like yourself every day. Lots of them are newbies. Happy to help in any way that I can. 

Best of luck!

Hi @Vasudev Kirs

Are you looking to purchase another property that is distressed and use the BRRRR method? Or are you looking for a property that is more or less turnkey and ready for a tenant. I've seen buyer's use both HELOCs and conventional loans. I will say if you're looking to BRRRR and pull cash out in the future, a HELC is the way to go!

Best of luck!

Hi @Yakir Aloni

It is possible, but it depends on the lender. If you're getting a fix and flip loan, it may be easier to find this then if it's a regular HML. Again, I would check with your local lenders to see what options they have.

Best of luck!

Hi @Brian Barran

Welcome to Bigger Pockets! You're in the right place to connect with investors and the right professionals to get you off to a great start! My biggest advice as you're getting started would be to make sure that you have your team built BEFORE making that first purchase. You'll need a great GC, some good deal sources, and a strong property management team to help get those units rented out once you purchase your first property. 

Best of luck!

Hi @Carson Cicenas

Welcome to BP! House-hacking is a great way to get started as it presents the least risk for the most part and gives you a great way to get your feet wet, especially if you've never purchased even a primary home before. Depending on the market you're taking a look at , a small SF or duplex could be a greta option as well! 

Best of luck!

Hi @Brandon Losier

Welcome to Bigger Pockets. I work almost exclusively with out of state investors to find some great opportunities in Memphis, TN and to connect them with the best vendor partners as they get established. What are your goals for your investment portfolio? I'm happy to help. 

Best of luck!

Hi @Irene Block

This is some great insight that you've shared. We can learn much more from what didn't go right than from what did go right oftentimes, so taking some time to take a look at these things and sharing them with other investors on this platform is excellent! Way to go! 

Best of luck as you scale!