All Forum Posts by: Douglas Skipworth

Before you started investing, did you check off these items?  If not, I bet you've made some mistakes along the way (unfortunately, I did).

If you want to learn more about real estate investing (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Is it worth paying a professional to manage your properties?  The short answer is yes!

If you want to learn more about property management (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

If you're self managing your rentals, don't cut corners or you could end up like this guy.  Ouch!

If you want to learn more about property management (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Will you pay a premium for a professionally managed house? @Dean Harris says he's not sure.

If you want to learn more about property management (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week we cover it all!

Do you think you are saving money as a self manager? You're not...unless you're doing all these things that a professional property manager does.

If you own rental properties, you need a "professional" property manager.  You can personally serve as that manager just be sure you are following these practices.  

If you want to learn more about property management (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

We often say "date the rate, but marry the house."  If you're doing that, be sure to take @Dean Harris' word of caution to heart.

If you're looking for loans for rentals (or just want to learn more about buy and hold, fix and flip,SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week we cover it all!

Are loans working for rentals right now?  The short answer is yes.

If you're looking for loans for rentals (or just want to learn more about buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week we cover it all!

Great question, Robert!

I can't speak about other markets, but in my experience the 2 biggest parts people miss about Memphis is the growth in the MSA population and the MSA GDP.

While the City of Memphis itself has stayed relative stable in population over the past 50 years, the greater MSA has grown almost 50% during that time frame (see chart below).  

Also, according to the St Louis Fed, the GDP of our MSA has almost doubled over the past 20 years from $45 billion in 2002 to $80 billion in 2021.

Memphis is the cultural, political, and economic center of the MSA, which is one of the reasons investors like myself have continued to do extremely well here and most likely will continue to do so.

Do you think investment houses are selling right now?  @Dean Harris sold over 200 in Memphis during Sep 2023 and Oct 2023.

If you're looking for deals (or just want to learn more about buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week we cover it all!