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Updated over 5 years ago on . Most recent reply

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- Real Estate Agent
- Memphis, TN
- 1,336
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Hi @Koleton Daley! I hope you and your family had a great Thanksgiving holiday and I hope you guys are getting geared up for a great Christmas and Holiday season!
This property is a great investment opportunity for the right investor. This is one of the most challenging zip codes to find success in Memphis. I tell the rookie investors and less knowledgeable investors to stay away from this section of 38127. There is high turn over and high crime in these areas. If the right investor comes along that has some detailed and lengthy experience in Memphis and in 38127, this is a great opportunity. If you (General Public) do not have much experience in buy and hold houses in Memphis and in 38127, I would stay away form this one. Sometimes, of no fault of their own, investors are sold houses in these areas after being told that they are great ROI numbers and that the cash flow is great. And, sometimes it is but you certainly have to be experienced and know how to handle this market.
You and I have never worked together nor have we met so I am not sure what category you fall under but in my opinion, this property will take the right investor to make it a success.
Thanks for checking in with us and again, have a great Holiday season!
- Dean Harris
