Memphis 38134 fabulous investment property!!

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Memphis 38134 fabulous investment property!!

Dean Letfus
Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes

READY TO GO, we are seriously crazy at this price :-)  MORE INFO

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  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    12y

    It must be a smoking deal if you can sell this with one bad front picture with no supporting pictures!!!

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
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  • Dean Letfus
    OP
    Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    We don't sell on pictures we sell on NUMBERS.  And yes it is a smoking deal, but you know that.

    0Reply
  • Melodee Lucido
    Real Estate Investor · OR · Member since 2012 · 390 posts · 133 votes
    12y

    Yes Dean, numbers are the best picture :) This is really nice!

    0Reply
  • Dean Letfus
    OP
    Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    I love nice looking numbers :-). I have this conditionally sold now but we always have more coming.  I always find it so funny when people ask for lots of pictures. I sort of understand it but a picture really tells you nothing. It might not even be the actual house!

    1Reply
  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    12y

    I would think your vacancy, maintenance and insurance are slightly off on this one. Numbers  look good, ones would have to question the quality of renovations for such a cheap price.   Numbers are important but most investors don't buy without seeing what they are getting. 

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
    0Reply
  • Dean Letfus
    OP
    Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    Our reno's are outstanding.  You keep prices down by BUYING well!!  Our buyers all have their own numbers for notional costs. We use what we are actually achieving ourselves. Insurance is exact number.

    But of course you know all that.

    1Reply
  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    12y

    who are you getting $400 per year insurance at? Who is doing your mgmt that is getting 6% vacancy?   You are not buying any better or worse then anyone else.  You are either making very little or doing sub par renovations .  Regardless if you are selling them like got cakes, something is going well,  but for how long? 

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
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  • Dean Letfus
    OP
    Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    If I wanted to give my competitors the details of my business you can be sure I will let you know. To say we buy no better or worse than anybody else is complete nonsense. We sell to other wholesalers because we buy better than most people. Thats how you keep your prices down and do good quality rehabs. And of course buying homes in good shape.

    If I'm back in Memphis I'll teach you what I do Curt but I would have to charge you :-)

    2Reply
  • Melodee Lucido
    Real Estate Investor · OR · Member since 2012 · 390 posts · 133 votes
    12y

    heehee well played Dean. jus sayin'

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