All Forum Posts by: Douglas Skipworth

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.

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."

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.

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.

@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.

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.

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.

Are you working with an agent to buy rentals?  If so (and especially if you're buying in Memphis), please be sure that they are an experienced investor in your area before you let them steer you into an investment.

This is one of my favorite 1-minute videos of all time.  Congratulations, @Dean Harris!  Watching you help so many investors in Memphis in 2023 was truly amazing!

If you're looking for a property manager for your rental, check out this recent episode where @Dean Harris and I talk about the top 5 questions to ask when interviewing a property management company in Memphis.