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All Forum Posts by: Derrick Craig

Derrick Craig has started 116 posts and replied 927 times.

Post: Southwest Tennessee communities

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Rousner E.

Collierville, Germantown, Olive Branch MS

Are the areas with little to no Crime, Olive Branch just had there first homicide last night for the entire year. Memphis is at 220 or 230??? I stopped keeping up with it because the number is so ridiculous!!

Post: Focus on one location or diversify??

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

One market at a time!! Not a Sprint this is a Marathon

Post: Southwest Tennessee communities

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Rousner E.

Have you looked at the crime rate in Memphis and surrounding areas I think that will give you a good barometer of where you should avoid buying property in.

Post: Negotiating turn key properties

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Jamie Henkin

All they can say is yes or no, It can't hurt!!

Post: Where to Focus Next?

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Jerome Daughtrey

Where there is a will there is a way, reminds me of chess figuring out your next moves. I would focus on area first them find a good reputable company or companies interview them go out to visit them and the area and choose from there.

Post: Memphis Property to Fix and Flip or Fix and Keep

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Haim Mamane Palman

Nice property!! I may pick this one up from you!! I will drive by it tomorrow to check out the area 

Post: Have 40k$ and I want to buy 2 cash flow properties

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

If your DTI fits in line along with your Credit score you could possibly leverage your money with 3-4 $50k-$55k solid B-C cashflowing turnkey properties... Make sure you keep some reserves

Post: Currently Rented for $1,600 per month! $400 per unit-All Brick 4 PLEX!!!

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@David Davidson and @Rohit Parchuri

I just emailed them to you.

Post: Nashville Turnkey recommendations

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Matt Adams I agree with @Ali Boone

I lived in Nashville for 3 years... She is 100% Correct-

"Unfortunately there aren't any turnkey companies in Nashville. The prices there are too high and not enough distressed inventory to support a turnkey business."

Post: Little Rock Arkansas How Is It Going?

Derrick Craig
Pro Member
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

@Hadar Orkibi

My brother from another mother (LOL) would be the perfect guy to answer this Great forum question.. I will tag him now!! @Alex Craig