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All Forum Posts by: Dean Harris

Dean Harris has started 335 posts and replied 651 times.

Post: First time out of state investor

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

I would ask only 1 question....."Do you own rental property in the areas Im going to buy in"?

Your agent will be able to refer you to the best of the best becuase why would they use anyting less? Agents are in the market, they are looking for the same GC's and vendor partners you are. 

I own a large portfolio of SF rentals in Memphis, TN. I also only sell investment deals in Memphis, TN and the best invesotors ask me where I buy and how I by them and who helps me along the way!

Good Luck!
 

Post: Duplex Package Deal Available!

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

Check out this package of homes that includes over 20 duplexes! These can be sold as a package or individually! Please contact or directly message Dean Harris for further information!

Post: Turn key or BRRRR

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

I have personally used the BRRRR strategy in Memphis many times over the years. I have clients that use the strategy every month. Happy to answer any questions you might have and we have the vendor list to support whatever strategy you choose.

Good Luck!

Post: Real Estate Investing

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

@Renee Coss Welcome to BP and RE investing!

Memphis, TN is where I invest in long term single familky rentals. The BRRRR strategy is my preferred way to buy and I have wroked that strategy many times. Im able to find great cash flow here and over the last 5 years we have seen appreciaiotn play as well.

Best of Luck!

Post: Is the 1% rule dead?

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

1% Rule is alive in Memphis, TN

Post: Markets for BRRRR

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

Hi Omer

I have completed over 45 BRRRR's for my portfolio in Memphis TN. Im happy to answer any questions you may have

Post: New Investor with $100k - Where would you start?

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

Memphis, TN has some lower entry points for long term rentals. You can leverage that 100k and get sveral proeprties here that re not in "war zones". 

Best of Luck!

Post: Turnkey or BRRRR?

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

I have used the BRRRR strategy over 50 times my self in Memphis, TN. Im happy to share my expierences, contacts, locations, etc. The key is to have a trusted GC and property source. Being all-in at 70-80% of ARV vs 100% or even 105% of the ARV is way cooler! :)

Good Luck!

Post: Out-of-State LTR Investing

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325
Quote from @Bob Stevens:
Quote from @Dean Harris:

I dont see them much in that 1700 range. I do see the 1% rule in 80,000-150,000 range in Memphis


 Ok so 125k all in rent 1200? WOW I really am spoiled. I get 2% rule. All in 75k rent 1700, all in 90k, rent 2k, 

All the best to you 


 Single Fam? Section 8? There has to be some challenge or the entire country would be in your back yard! :)

Post: Out-of-State LTR Investing

Dean Harris
Agent
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,257
  • Votes 1,325

I dont see them much in that 1700 range. I do see the 1% rule in 80,000-150,000 range in Memphis