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All Forum Posts by: Dean Harris

Dean Harris has started 335 posts and replied 664 times.

Post: When to get a property manager

Dean Harris
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

@Mike Sfera

This is a great question and one I get from our client base often here in Memphis, TN. If you plan to scale, I would get one right away on your first property. Make it part of your business model and focus on scaling vs managing. I personally own a large portfolio here in Memphis and I hired a property manager for the very first proeprty and I still use them today. 

Post: Newbie & long distance

Dean Harris
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

Hi @Radhika S.

Memphis, TN has great cash flow properties and Tennessee is a Landlord friendly state. Lots of options work here and I have focused on the BRRRR strategy.

Best of luck!

Post: New investor looking to make connections

Dean Harris
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

@Sunny Agarwal

I own over 100 single fam properties here in Memphis, TN if you are looking for an agent with investing expierence. I also work exclusively with OOS invesotrs to help them build their portolfios here in Memphis. I can pass all of my vendor partners over to you as well. Im happy to answer any of your questions and I wont take your money for the time! :)

My weekly podcast I have been hosting for the last 8 years can be helpful too!

https://www.youtube.com/@InvestorsGuideMEMPHIS/videos

Good Luck!

Post: First time out of state investor

Dean Harris
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

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
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

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
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

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
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

@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
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

1% Rule is alive in Memphis, TN

Post: Markets for BRRRR

Dean Harris
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

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
#4 Classifieds Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,272
  • Votes 1,336

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!