Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Hi Team of Memphis Investors, Experts and Property managers.I'm doing some research prior to jumping in to the market and seeking to confirm what is the rent growth trend in Memphis. it is known that Memphis is more o...
Hello BiggerPockets community! I'd like to take a moment to thank everyone in advance for all the care and considerable knowledge that's been put into this site. It's an incredibly powerful resource that I've lurke...
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Hello Everyone!If you are direct mail marketing in today's environment how's it going for you? Are you using to sites like Listsource and Propstream to source leads? What's your best marketing piece? What's your overa...
I will preface this by saying this is 100% a self inflicted wound that in all honesty did know know was happening. I am an investor with two other "good old boys" who still believe in handshakes and verbal agreements....
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
So we want to go for deal #2 but there is a problem, the neighborhood we want doesnt have the right house on the market. I know exactly what I want and know the 25 houses in the neighborhood that has what I want. So I...