All Forum Posts by: Nick Moore

@Mitch Messer perfect! This is great - once this week cools down for me, I’ll connect and let you know what dates are open for my kids and we can go from there.

@Will Fraser this is great! Thanks for the rec's! This week became a little hectic (buying a first REI property/home) but I will circle back in about a week and hit you up. Thanks again!

I teach chemistry at a school in Memphis and sponsor an after school Wealth Building club. We have a real estate investing portion in a month or so from now, and I’d love to have some people share stories, portfolios, and/or whatever else to help my students’ potential and drive. I would love for my kids to meet everyone in person, but this could even be a video interview/presentation as well.

If you or someone you know would be interested in this, I’d love to connect.

Hey guys!

My wife and I are looking to make some actionable REI moves in a few months and are practicing identifying deals in our local area (Memphis, TN). We wanted to get some additional perspective on one particular deal due to our confusion as to why it's been on Zillow for so long? (Link at the bottom)

1) 4 bed 2 bath Listed at 89.5k

2) Flipped/BRRRd Houses at same sq ft have almost doubled in value in that area - so potential ARV 130-170? (No pics or anything, so just going off of neighborhood and nearby comparisons)

3) Appreciation looks promising - A block away from a huge urban development of an old sears distribution center crosstownconcourse.com

4) Reno was said to be around 50k

Is it not necessarily a bad deal, but just a lot of up-front capital for the Reno? Couldn't it still be pulled out of the refi if you were to do a BRRRR?

https://www.zillow.com/homedetails/322-N-Claybrook-St-Memphis-TN-38104/42130798_zpid/