We help new and seasoned investors buy, rehab, and manage real estate. Our focus is helping out of state investors spot a great deal, negotiate the right price, and complete the renovation. The Memphis market is, however, considerably undervalued and foreclosures are still very high. Homes can be bought consistently at 50% to 70% of their true value giving investors the opportunity to have a minimum of 25% equity and $200 to $300 per month positive cash flow (or more) after repairs. With a population of about 1.4 million people in the metro area, 43 percent of whom are renters, Memphis will always have high demand for rental properties. Put simply, there are more tenants looking than there are properties available for them to rent.
We own 11 rental homes in Memphis. We also own 3 multi-units with other local investors. Our experience includes Rehab & Flip SFR, Rehab and manage multi-units,wholesaling,contract assignments,Property Management, and wife is an affiliate broker.
I am now doing more remodeling outside of my personal projects and looking to do Sub2 here in the near future. My future goal is to start spec building when the market turns around.
Assignments, Sub2 deals, and more private money!
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Member since June 30, 2009 (last active 6 days ago)