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Updated over 10 years ago on . Most recent reply

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157
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Jimmy Warr
  • Logistics Manager
  • Cordova, TN
32
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157
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Flips in Memphis

Jimmy Warr
  • Logistics Manager
  • Cordova, TN
Posted
Good Day BP. Can anyone speak on the current market here in Memphis Tn and is it sustainable for Flips? I am starting out in investing, and any advice from local investors would be very appreciated.

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

@Jimmy Warr 

Like @Dean Letfus stated there is a lot of competition here in Memphis with several companies like ours and there is also several smaller guys who only flip homes mostly to companies like ours.  

I would suggest you first start attending your local REIA club called MIG, its a great place to network and meet others in the local market though most of the heavy hitters dont attend.

A lot of guys like you starting out are looking to do some quick flips, get yourself some bandit signs that say things like " We Buy Houses, Fast Cash Offers " with your phone #.  I cant tell you how much money some of these guys make just by placing signs out, going to see if its a deal and then flipping it to companies like ours. 

Good luck

  • Curt Davis
business profile image
Curt Davis - KAIZEN Realty
5.0 stars
38 Reviews

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