If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

Success: stablized a great industrial IOS deal to a 12 cap.

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Or, plan on this being a nest egg builder and growing your equity, living in the home for 2 of the last 5 years and then selling with Section 121 exclusion. 

The more rehabs you do the better understanding you will have of the market for contacting work and materials.Doing a rehab every so often prevents you from being sharp with your budget.For those with limited exposure, ask others in the industry and always run your numbers based on being overbudget and overtime. 

Brokers are your best friend as we have the entire industry at the palm of our hand and usually save you time & money.

As an agent who has worked almost exclusively with investors for years, I almost automatically take the approach of saying “no” first.

For example we opened buy/sell agency from being exclusive to portfolio clients now open to all.

A little about me: My husband and I live in the SF Bay Area, we have a 3 year old and a newborn and we both work W2 jobs in the biotech industry.

And because it’s a logistics hub (FedEx HQ, major distribution centers, and growing industries), rental demand stays strong.I’ve been in Memphis my whole life and have spent over two decades helping investors navigate this market and build profitable rental portfolios here.