I'm planning a trip out to Memphis 8/7-8/11. I'm about to book my trip, but wanted to see if there was anything I should consider before coming out. I am planning to try and set up meeting with some property managers, agents, and perhaps some other investors if I have time. I'm also going to be driving all the areas I have been looking to invest in so I can get a feel for them. I want to be sure this isn't a wasted trip and I make the most of my time!
You definitely want to come to Memphis Investors Group meeting which will be Aug 8. Also there is an investors lunch Aug 9 at The Butcher Shop. All info and times can be found on the website. Great place to meet local investors and get info on the Memphis market. Hope to see you there! Memphisinvestorsgroup.com
If your goal is cash flow, Memphis is your place. I would be very picky in choosing property management. Memphis is not the safest place in the world. Make sure your management will be able to get reliable tenants. I know @Sean Tagge company has a property management wing in their company. I would connect with him. Hope you enjoy your stay.
@Verna Littleton That would be perfect! I'll definitely hit up those meeting while I'm there.
@Nathan Killebrew Thanks so much. I'll definitely connect with Sean. I'm hoping that by going there in person and meeting people face to face I can get a good feel for who I am comfortable to work with. But like anything in life, I know there will be some trial an error!
@Danielle Wolter this is a side note but anything you buy that has a central AC, make sure it has a cage around it. If not, your AC may grow legs and walk off.
@Caleb Heimsoth LOL good to know! I would not have thought about that.
Thanks for the mention @Nathan Killebrew
Hello Danielle ya I'd be happy to show you around our PM company Reedy and Company and tell you about the A B C and D class neighborhoods in Memphis.