Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 225 posts and replied 1236 times.

Post: Can you list a property for sale with a renter still in it?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Have you ever wondered if you list a property for sale with a renter still in it?  The short answer is yes.  We do it all the time in Memphis.

Post: Do you prefer MLS listings or off market deals?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

As a seller, I prefer the MLS over off market, especially in Memphis. I've done both and find that I have consistently netted more money from selling via MLS (even after paying @Dean Harris a sales commission!).  Is your experience different than mine?

Post: I've mismanaged properties, but I haven't let that define me

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

In this episode, @Dean Harris and I talk about how we've overcome mistakes we've made in managing our buy and hold rentals in Memphis.

Post: Paying for the same work 3 times!

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Have you ever paid for the same work 3 times? @Dean Harris and I have, and, believe me, it's the worst.  

If you want avoid the mistakes we've made in Memphis, please subscribe on YouTube or Facebook. Each week, we cover it all from fix & flip and buy and hold to property management and hard money loans

Post: Seeking hard money lenders recommendations

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Hi, Tiffany.

Congrats on starting your first fix and flip!

@Raysean Branch at CoreLend Financial is a great resource for Memphis and Eastern AR hard money loans.

Post: Do you use rent escalators on multi-year leases?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Do you use automatic rent increases for leases over 24 months?  I do now (since I learned the hard way in Memphis).

Post: Is it possible to get out of a bad real estate situation?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Can you get out of a bad real estate situation and still make real estate work for you?  @Dean Harris and I believe you can if you have the right help.

Post: New Deal of the Week (Memphis 38127)

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

If you're looking for a buy and hold rental in Memphis, check out the latest Deal of the Week from @Dean Harris.

Post: Do vendors lie to you?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Do people on your team lie to you?  If they do, you need to replace them.  Real estate investing is a team sport, especially in Memphis, and you need dependable teammates.

Post: Is real estate investing a team sport?

Douglas Skipworth
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,312
  • Votes 1,135

Financial leverage is great, but people leverage is probably the greatest tool an investor has. 

A real estate investing dream team will get you farther than you ever imagined is possible!

Contact @Dean Harris or me today if you need real estate investing help in Memphis. We want to be part of your team!