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Alex Craig

Real Estate Investor
Ideal Properties
Memphis, Tennessee

Looking forward to Orange County next week (3 months ago)


Username: alcraig70

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Real Estate Experience

Personally own 9 single family residential investment properties in Memphis, TN for a buy and hold strategy.

Through Ideal Properties, LLC, successfully put real estate investors into ideal buy and hold strategies and profitable short term real estate "flip for retail" deals

Through Realtor Capital, LLC, offer licensed Real Estate Agents the opportunity to get their commission advanced with a sales contract in hand, rather on waiting for the contract to close.

Real Estate Goals

Continue to purchase real estate investment opportunities to meet personal long and short term goals in Memphis, TN.

Putting clients into investment opportunities that provide better returns then traditional investment products typically associated with Wall St.

Grow Ideal Properties into other markets for single family investment properties by providing capital to individuals for the purchase and sell of properties.


Awards

Newbie Blogger


About Me

Age & gender: 33 / Male
Status: Full-Time Investor
Website: www.ipropertiesmemphis.com
Investing focus: Wholesaler
Real estate deals: 20 Complete / 2 Active

Statistics

Began investing: June 2007
Member since: January 16, 2009
Last active: 7 days ago
Profile views: 1135
Forum posts: 17 posts
Influence: 167

View My Blog

My Latest Blog Posts

  -   Putting Legitimacy Back in the Wholesale Property Offering 7 months ago.
  -   Investor Success through Aggressive Property Management 7 months ago.


Networking

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Colleagues (18)

Img_4718_colleague_thumb Michael L.
Real Estate Investor
Jeepsunk_colleague_thumb Marc F.
Real Estate Investor
Cinderellascastle_colleague_thumb Valerie P.
Residential Lender
S42048ca105621_5_colleague_thumb Victoria O.
Real Estate Investor
No_avatar_colleague_thumb Adam H.
Real Estate Investor
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Followers (7)

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Following (6)

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References (3)

Benolyn_colleague_thumb Benolyn C. "Great, very easy to work with." Myself_colleague_thumb Todd B. "I wanted to let everyone know that I purchased my first investment ..." Cinderellascastle_colleague_thumb Valerie P. "It is an absolute pleasure working with Alex Craig. He is very kno..."

Comments (2)

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At 10:56AM on March 08, 2010 - Michael Lauther said..

Alex, thanks for your input.. i am looking for a rental property with a 20% cash on cash return for under $40,000 cash investment in memphis. have seen lots that just miss this mark that are turn key and look good. am i looking for somethink that does not exhist as a turn key investment?

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At 08:25PM on March 01, 2010 - Tom Cullen said..

I bought a Memphis property from Alex in December. This was my third rental in Memphis. To date, it is my best deal. Total of $48k all in cost with a rent of $925. The Craig's probably could have gotten me $950, but I got a little over anxious to get it rented out. Anyway, it was pretty much a "50% rule" deal. The Craig's are natives of Memphis and obviously know their way around, and which areas to invest in. They have made me comfortable investing in Memphis from WAAAAAY out of state in Hawaii.

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