I am from Houston, TX but have been in Memphis for the past three years and this is where I started my real estate investing.

The taxes are behind by three years.

Whenever you go to a doctor, of any kind, for any condition, he will follow the three-part sequence of examination, diagnosis and prescription.Unfortunately, most new investors do it backwards.

We have pretty strong credit amongst the three of us and are incomes allow for much more but at the moment we want to start with the one property and see how well we manage it.

welcome to bp @Sharaya Rutherfordif rehab/flip is your calling then do 1 of three things find a partner to help fund the dealmarket for a creative deal or just borrow the money like you said good luck 

I've done three transactions with her and currently liking for a fourth.

Welcome to the site.Getting licensed would be your best route to get in the game.To be an investor there are three very important things.

I know the city re-assesses certain neighborhoods once every three years or so, but I think since permits were pulled for my rehab, they will come after the taxes even quicker since they know work was done.

In my mind, cash is king in your country, and the sooner you can finance your deals in cash, the better off you'll be until your country's economy is able to stabilize.So that was three paragraphs of basically nothing, sorry about that. 

You may wonder why the hell we offered so much.First, a three bedroom unit in good (but not great) condition in this complex just sold for $171,500.