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All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 225 posts and replied 1239 times.

Post: New Deal of the Week (Memphis 38127)

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • 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
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • 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
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • 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!

Post: Another big EV plant is coming to Memphis

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135
Quote from @Jordan Ray:
Quote from @Douglas Skipworth:

If you're interested in Memphis and haven't seen this, you need to learn more about it. 

From the Wall Street Journal...

"The plant in Mississippi’s Marshall County, south of Memphis, Tenn., will be the nation’s largest dedicated to batteries for commercial vehicles, with initial output projected to be enough batteries annually to power more than 40,000 medium- and heavy-duty trucks."


Thats great news! Is there a place where yall are keeping up with new developments?


I get most of my Memphis news from the Daily Memphian and some from the Memphis Business Journal.  If I were only investing in one of those, I'd subscribe to the Daily Memphian. 

There are other options out there, too, like Memphis Magazine, but, in my experience, you can get 99% of the Memphis news just by reading the headlines of the Daily Memphian each morning.

Post: Another big EV plant is coming to Memphis

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

If you're interested in Memphis and haven't seen this, you need to learn more about it. 

From the Wall Street Journal...

"The plant in Mississippi’s Marshall County, south of Memphis, Tenn., will be the nation’s largest dedicated to batteries for commercial vehicles, with initial output projected to be enough batteries annually to power more than 40,000 medium- and heavy-duty trucks."

Post: What are the best ways to learn?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

How do you learn about real estate?  Listen to @Dean Harris tell me in less than 1 minute how learning from your peers is one of the most powerful ways to learn, especially if you're buying and holding in Memphis.

Post: What is the property type you're looking for?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

After selecting your team and market, do you think selecting your property type is the most important decision you'll make? @Dean Harris and I do, especially in Memphis.

Post: Have you ever changed your mind on your investment focus?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

@Dean Harris finds that 50% of his clients in Memphis change their minds on their investment products.  

Have you ever modified your investment focus?

I've found that since real estate investors sometimes change their minds on opportunities, it's good to have a steady voice like an investor-focused real estate agent to guide your decision making process.

Post: What are the Top 5 actions for investors to take?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

What are the Top 5 actions you think an investors should take?  Here's the list that @Dean Harris has seen from his very best buy and hold clients in Memphis.

Post: What's your Bible when it comes to real estate investing?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,315
  • Votes 1,135

Do you have a go-to book for comprehensive real estate investing knowledge?  I've been using the Millionaire Real Estate Investor by Gary Keller for about 20 years.  I've never found anything that comes close to touching it!

Please let me know if there's another book that's better.