Chris Clothier - Memphis Invest
Has anyone ever bought a rental property in Memphis from this person?
He lists MANY properties for sale in the BP "properties" section at what appears to be highly INFLATED prices. Also makes what appears to be unlikely claims of expected cash flow.
I've looked at several of his listings and many are 10k or more over what even Zillow estimates the value to be. And the conventional wisdom seems pretty much to be that the "zestimate" found on Zillow.com is very inflated and to be taken with a grain of salt. Of course, maybe the toilet seats are gold plated, and he puts in marble floors, but....
So, has anyone bought properties from this guy? If so, did you end up overpaying? Did you achieve anything close to the cash flow he claims you can make?
Not trying to be a jerk. But I own propeties in memphis, and this sounds suspicous. My loyalty tend to be with fellow BP investors, not with vendors.
PG