All Forum Posts by: Dean Harris

East or West of Highway 51?

I'm one of those agents that will come on here and tell you that there are plenty of A and B class properties here in Memphis. We have a good but to be honest. However, what happens in Memphis is investors see a C class property on a spreadsheet and tend to fall in love with that vs looking at the whole picture. C class communities can work but it more hands on. I personally try to limit how many C class properties I buy but I have several myself. The idea is to find that B class property that is priced like a C class. We can then add value to that property and force some equity. 

Good Luck!

I have used CoreLend in Memphis before! They are easy to deal with and competitive rates and processes! 

CoreLend is a sister company of CrestCore Realty and tons of my clients have used them before as well. 

Good luck!

@Dock Newell Jr

Trust your property source in Memphis. Ask lots of questions. Make sure that property source own rental properties. I don't mean 2-3 either. Make sure they have several so they can help you navigate through issue that will certainly come up. 

Best of luck!!

I have purchased several this year in Memphis! I'm also closing over 30 single family houses with my buyer/seller investment clients this month!

So, yes, investors are still buying properties in Memphis!! 

I'm in Memphis and I really screwed my first buy and hold property up bad! Almost 50 houses later and I still lean on the lessons from that first epic failure! Memphis has been good to me and my clients. We are now really starting to see some good deals come around so I am still making sure I don't repeat mistakes. 

God Luck!!

I'm listing properties everyday now that are grabbing multiple offers. Others that aren't in good shape or that are priced incorrectly are sitting there. The properties that I am trying to buy seem to have offers on them as well. Memphis is still a good place to buy and hold rental properties for sure!!

I work exclusively with OOS investors here in Memphis! I also own a large portfolio of rentals here in Memphis and I am happy to help!

I own a large portfolio of rentals in Memphis and I am having really good success with them. Lots of great things going on in Memphis! 

Best of Luck to you!

Local Title, LLC and Griffin, Clift, Everton and Maschmeyer help my team close our deals and my personal deals and they never let us down.