All Forum Posts by: Tim OHare

Hi @John Busch. Check out Johnson Plumbing. I've used them a few times in the past. https://www.johnsonplumbingcompany.net/

Hi @Somaya Abdelhadi. I'm an agent in the Memphis area and help a ton of investors as well as starting to get in the investment game. Memphis is a great buy and hold area as well. What specific questions do you have? I'm always interested in connecting with others on good deals. Talk soon.

Hi @Justin Wharton. Welcome! Start by joining MIG - https://www.memphisinvestorsgroup.com/. The group meets once a month for a large meeting. Also, there's a group of us that meets at the Butcher Shop on Germantown Pkwy every Friday for lunch (burger Friday deal). Also, we meet at Incredible Pizza for lunch on Sundays. They are very informal. Just show up, eat, and meet people. You'll hear some great stories. There's a few other events that go on throughout the city but this will get you started.

3839 Orleans Rd, Memphis, TN 38116. One parcel zoned for commercial which includes a side-by-side unit currently housing a barber shop. Other side is vacant and a bit larger. Property also includes 1200 sqft private residence. Currently the owner is living in the residence. This is a great commercial income-producing property, which would afford the owner the option to rent all three, or to live in the residence on site and have two commercial tenants. The residence has a fully fenced yard on a corner lot, 2 Bd, 1 Bath, an adorable home with hardwood floors. BRING ALL OFFERS!

Thanks @Sean Tagge. To piggy-back off this I've added some charts of Shelby county and Memphis. Numbers may vary slightly because of where the data may come from, regardless it tells the same story.  The greater Memphis area is a great place to own Real Estate.

Hi @Andrew Joseph,

Come to a MIG meeting or find somebody locally to attend. You don't need to wait for the monthly meeting. The group meets for lunch at the Butcher Shop on Germantown Pkwy every Friday and then again for lunch at Incredible Pizza every Sunday. Great snippets of info at each lunch. You will hear some of the best stories and will think differently about the areas. Its all about what fits you and your investment needs.

Best,

Tim

Hi @Allison Nog,

Can you list the properties here? I'm looking for some properties, but I'm also an agent. I work with investment properties of any size up to the luxury market. I'd be very interested in discussing opportunities.

Best,

Tim

Lester, I just realized your post was from '15. :) Oh well. My statement still applies though and what @Derrick Craig said is still correct. Best of luck.

Hi Lester,

Sorry for the late response. At large, @Derrick Craig is right about Memphis being a buy and hold play. That said, there are still some appreciation plays in the area, but you need to make a ton of offers and be patient. Those areas are Collierville, Germantown and a few others. That said, they are going to be much more expensive, but I know some investors doing well in those areas.

Thanks @Jorge Ruiz