Memphis Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Researching a 26 Door Portfolio in Memphis - help!
All, there is a portfolio I'm trying to do some due diligence on. I'm fairly familiar with the zip codes of Memphis but lack a bit on the street-by-street knowledge. I typically stay out of areas less than C+, like 38127. Can anyone take a quick peek at the map below and identify if any of these properties are in C+ to B neighborhoods? All of these were turnkey at one point and all but two doors are rented out currently. The financials appear great and cash flow looks great, but not sure if there's just too much risk with these ones.
Much appreciated!!!
Most Popular Reply

In my humble opinion, everything on your list was at a D at best. This will not turn out well.
- Curt Davis

Curt Davis - KAIZEN Realty
38 Reviews
5.0 stars