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All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 225 posts and replied 1239 times.

Post: Is now a good time to buy or sell?

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

Do you see this time as an opportunity to buy or sell?  Believe it or not, in Memphis @Dean Harris and I are seeing both.

Post: Dean's Memphis Deal of the Week

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

Here's the latest deal of the week.

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

Post: What are you doing when you interest rate reset doubles?

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

If your buy and hold loan matures (or has matured lately), how are you handling it when the new rate is potentially double from what it was on the original loan?

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

Post: Are there opportunities out there?

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

Are there opportunities to buy right now? @Dean Harris says yes there are in Memphis (and if you can't see them to open your eyes!). 

Post: How is 2024 going to start out?

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

How do you think 2024 is going to get started?  @Dean Harris and I think it's going to be a continuation of the past few months.  Our January is already set up to be 4 or 5 times better than Jan 2023!

Post: Deal of the Week (Memphis 38127)

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

Your guys' podcast is gold @Douglas Skipworth! I found it about a week or so ago and invest in memphis currently and have been kicking myself that I didn't find you guys' earlier! I reached out to Dean and hope to try to get something together with you guys here in January.

Thanks, Ben. @Dean Harris and I work really hard to make it informative for Memphis investors. Glad you found it. Be sure to stay tuned in 2024. It's going to have been more in depth!

Post: Are you seeing mismanagement right now?

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

Are you seeing buy and hold properties that have been mismanaged and need to be sold?  In Memphis we are.

Post: Are you using hard money right now?

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

It's tougher to borrow from banks right now so we've seen more folks using hard money loans to fix and flip and to buy and hold.  Are you seeing the same thing or something different?

Post: Inventory level in Memphis compared to pre-Covid

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

Where is today's inventory level in Memphis compared to pre-Covid? Listen below and find out.

Post: Extra deal of the week in Memphis (38117)

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

@Dean Harris slipped in this unofficial deal of the week during the middle of our most recent podcast.  It's already under contract, but Dean always has listings and opportunities like this one so please reach out if you're looking for buy and hold or fix and flip in Memphis.