New Guy - Chip from Memphis, TN

New Guy - Chip from Memphis, TN

Member since 2008 · 3 posts · 0 votes

Hi. I'm new to the forum and am looking forward to discussing opportunities for investors who are looking for cash flow properties in a very undervalued market.

Chip

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Investor-friendly agents in Memphis, TN

See the agents BiggerPockets members work with in Memphis, TN.

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  • Wholesaler · Amarillo, TX · Member since 2008 · 1k+ posts · 659 votes
    19y

    Well Chip, let me be the first to welcome you to the forum.

    We're glad you're here, and I like the sound of your market.

  • Member since 2008 · 3 posts · 0 votes
    19y

    Thanks, Ryan. It's nice to meet you. We are a group of full time investors based in Memphis, TN. Memphis is a truly cash flow market. It has never been a rehab to retail or "flip" market. We have created unique relationships with:

    Property management companies
    Realty firms
    Closing attorneys
    Appraisers
    Over 10+ rehab crew
    and more

    In addition, we have the infrastructure and marketing systems in place to get properties at deep discounts. Typically, we have properties at 60-80 cents on the dollar in good rental areas. In fact we've done over 200 deals just in the single family investment area this year so far. Additionally we build houses, buy and sell commercial buildings, and more

    Let me know what your immediate needs are and we'd be glad to help you reach them!

    Sincerely,

    Chip Fernandez
    The Feol-Hinricher Companies

  • Real Estate Investor · ND · Member since 2008 · 76 posts · 0 votes
    19y

    Welcome to the forum Chip.

  • Member since 2008 · 664 posts · 18 votes
    19y

    Hello Chip,

    And welcome to the forum. It looks like you are an
    excellent resource for this forum to have, and so
    I'm glad you found us!

  • Residential Real Estate Broker · Conroe, TX · Member since 2008 · 1k+ posts · 43 votes
    19y

    Hi Chip!

    Welcome to the forum. Sounds like you have a great market to work. As the saying goes.....,"it's like finding a bird's nest on the ground".

  • Orlando, FL · Member since 2008 · 2 posts · 0 votes
    18y

    Hi Chip I have met at the CFRI meetings, Karen Stanzani here. Welcome.
    It would be helpful if everyone put their photo on their profile, we would be able to see who we are communicating with, hey?
    I would like to discuss your statement that Memphis has never been a rehab to retail or "flip" market. Surely that just means "to date"? Surely not that it never can be done? Times change, market climates change.

    Cheers,
    Karen Stanzani
    Kazza Creations LLC

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