All Forum Posts by: Jordan Ray

 Thanks Jordan! Could you give a more concrete example on what kind of cash flow is possible in Memphis? Maybe from a deal you recently closed?

Hi BP!

I'm new to real estate investment, and plan to invest in long term rental properties. I live in Los Angeles so I'm looking for out-of-state properties. Would really appreciate to suggestions on which area/market I can research on!

Here are some of my wishes:

1. Positive cashflow, ideally if more than $200 per door

2. Purchase price less than 250K

3. Landlord friendly

4. Locations with good potential for future job growth and non-fragile economy, diversified industry/business

5. Locations OTHER THAN Columbus/Dayton OH or OH in general (I'm checking the area now, but would like to know places in other states too:) )

I've looked at Tucson and Tempe but the price seems too high. Las Vegas maybe suitable, still researching...

Thank you very much for any suggestion! If any of my bullet points are not clear or too naive, please let me know!

𝐃𝐄𝐀𝐋𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐃𝐀𝐘!

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Hello everyone! I'm trying to figure out a way to utilize a large storage building at one of my MTR listings in Memphis. It is in an enclosed gate area that can only be opened from inside the fence so I'm leaning away from using it as storage space while I have other guests staying there. It seems a shame to leave it there empty. Any ideas on what I could turn it into to help generate some extra profit? Thanks in advance!

Hello,

 I am looking for reliable rental property insurance suggestions in Memphis, TN.  If you have any suggestions, please send them my way. Thanks!

What is a good way to feel out of state real estate agents and others that I will need to build my business. I am not able to fly to meet up at the moment and probably won't be able to for 6 months or so. What are some good questions to ask?? Thanks in advance!

Fully renovated! Large 4 bed 2 bath for sale in Memphis, TN 38109 with $1,595 rent approved by housing. Property is pre-leased pending housing inspection. Approx. square footage is 2,186 and annual taxes are $1,843.92. Asking $174,900. Seller financing available at 5.99% with minimum of 20% down. Photos & Scope of Rehab

 my bad...

i ment University

Hello everyone, my name is Bree I am a new investor looking into get my first rental property and try the BRRR method what tips and advice does anyone have when getting your first rental property? Also, what is the preferred credit score when refinancing does it matter?I have been listening and tuning into real estate rookie for over 2 years now, I have also been on YouTube university and watching and learning a lot about REI for over 2 years now and I am ready to apply what I know and get started my biggest goal is to get another deal under contract I understnad their will be trial an error but I'm excited about this. Is there anyone in my area i can get connected with? I finished my business plan finally recently. I started my LLC in the summer and still working through some kinks getting website started for marketing. Right now we have a schedule for everything we do D4D, sticky notes, we use dealmachine to find leads. I am potentially looking into getting a trailer at the begining of the year getting a trailer that may need some work to rent out. I also would like to get into the BRRRR method. I am ready for all things real estate but starting out I am doing one thing. I have over 30k coming in very soon and working on credit score. Any advise and information is greatly appreciated. I am always opening to learning more i also would like to be pointed in the direction of a reputable financial advisor for business purposes. Thanks in advance. Take it easy i am still a rookie and trying to learn all things possible. I have also read alot of books.