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Updated over 9 years ago on . Most recent reply

User Stats

41
Posts
11
Votes
Johnny Khoury
  • Real Estate Agent
  • San Jose, CA
11
Votes |
41
Posts

Memphis Investments

Johnny Khoury
  • Real Estate Agent
  • San Jose, CA
Posted

Hi every one,

I bought my First investment in Memphis early this year with a turn key Broker. So far everything is working out good with them. but there is no Meat on the boon on making equity from the house . I got the home on a premium.

I started doing some reacherch to buy and fix my own SFH in memphis, and it dose not look that difficult..

any pointers on buying and rehabbing SFM would be appreciated. also if you know any trust worthy contractors and agents in Memphis please share .

thanks 

Most Popular Reply

User Stats

49
Posts
28
Votes
Michael Mcghee
  • Wholesaler
  • Memphis, TN
28
Votes |
49
Posts
Michael Mcghee
  • Wholesaler
  • Memphis, TN
Replied

@Johnny Khoury I beg to differ that most people are poor here. We have great homes and great cash flow that's why out of towners love to come and buy. Most people that can't get a good return in areas like California see areas in the Midwest as great opportunities. What if I said that most people don't buy in California because they are not rich enough and they come to the Midwest and take from the poor. Anyhow keep Memphis in your thoughts and prayers and keep supporting us. I will ask that please spend some of that cash flow on our hotels and restaurants when you visit and don't take all of it back to California. 

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