The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.

Right now we're shopping around for loans outside of traditional lenders. 

Small shops with apartments above.

If you’re in a market where you have to spend money on roofs, or exterior paint that’s ctainly you can save up for.

Laundromats that are next to (same building) or attachedwith an access door to a coffee shop, cafe, etc are the best ones to get.

It becomes their home and they can paint the walls any color they want.So, sometimes, it isn't just about the interest rate. 

I began shopping for a large construction loan to build a new car wash on the land. 

Our team here at CrestCore is dedicated to working with the out of state investor and have the team in place to make us a "one stop shop" for everything you could need to build a portfolio here in Memphis.  

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).