Example, we located a commercial property that could be purchased for 10 thousand the property is zoned mixed use it has 1 existing apartment that needs full rehab and could allow up to 4 apartments in the entire building and a large retail space.

Although it will definitely be harder to make a decision on a house (if the pictures are non-existent of sub-par quality), you can still run a lot of the numbers or get someone to do it for you. 

I constantly seek opportunities to meet people who had no idea I exist, and often times we find value in connecting.

Leaking toilet with ceiling repair needed, another leaking toilet with sub floor repair needed, some new windows needed, new AC needed, a bunch of small electrical work, some roof issues due to ice dams that needs to be fixed, asphalt and garage foundation repair, gutters needed (none).

The prices you deal with do not exist around here.

The TRID Rule combines four existing disclosures that are required under the Truth-in-Lending-Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) for most real property-secured closed-end credit transactions.

If the Seller wants to try the rent-to-buy scenario, he could also put that idea to his existing tenants as incentive for them to pay him extra per month?

So, keep things low key on the existing deals.

Saturation is a huge issue there, in my opinion, since the boom a few years ago and that affects vacancy rates and exit strategy (there have been posts about just those on here).However, with all of that said, Memphis is better to invest in than the majority of US cities.

Hello, I am new to the website. I am not an investor yet, just trying to learn the basics and stay out of trouble. I have been watching Auction.com, there are a lot of REO's on that website many with large mortgages u...