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All Forum Posts by: Alex Evans

Alex Evans has started 0 posts and replied 214 times.

Post: Out of State Investing for Californians?

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

The Memphis market has seen great appreciation over the last couple of years, but it is still a place that can provide great value for your money. You would be able to buy 3 houses here in town for the price of one property out in California. Even with the rising interest rates, we are still seeing good cash flow with long-term conventional loans, and now there are even more loan options to help increase your cash flow as well! I would be more than happy to help answer any questions that you may have! Feel free to reach out! 

Post: Assembling a team in Memphis - looking for recommendations

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Hey @Andrew Albert

I would be more than happy to give you any recommendations! Feel free to reach out and I will try to help answer any questions that you have!

Post: Looking to invest in Memphis Real Estate

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Hello @Jesse Bruce

I hope you are doing well!

The Memphis Market is a great place to invest in. We have seen great cash flow over the years as well as decent appreciation! This makes Memphis a hot market to invest in just because a lot of markets do not get to obtain both of the before-mentioned things. 

The Memphis Market has also always shown great stability through downturns as well! We have a great job market in distribution which allows for a highly stable job market. This means that we are still going to need those jobs even through times like Covid because people were buying things online! 

I would be more than happy to discuss the Memphis market with you and help answer any questions! 

Hey @Kevin Chhorr

Would love to connect and help you with any real estate investing here in Memphis!

Post: Look to connect with RE mind people

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Hey @Kevin Chhorr

I would be more than happy to help answer any questions or help in any way possible! 

Post: Accept Pets or Too Risky?

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Allowing pets in a property is a great way to have extra monthly cash flow coming in. 

We charge an upfront deposit per pet in the property, and then a monthly fee for each pet as well. 

This is a great way to increase cash flow, and will also allow for a wider tenant base to be interested in the property. 

Post: Australian looking to get into American market

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Hello @David Burnie

The Memphis Market is a place that is great to invest in! 

There are a number of companies here in the city that offer a full turnkey service for you. All the way from the beginning (showing you available properties) until the end including property management. 

Memphis is a market that has seen great cashflow, and also stable appreciation year over year. 

Memphis offers all kinds of investments whether you are looking for cash flow or long-term holds. 

I would be more than happy to help answer any questions about the Memphis Market that you have!

Hello @Luis Fernando Botero

I second what @Andrew Garcia has stated above. 

I believe the purchase price of the property is going to be the hardest thing to overcome in terms of a DSCR loan.

Are you looking to put this property in your own name, or are you putting it into a corporation? 

I have plenty of connections with lenders that can help you here in the Memphis Market. Feel free to reach out with any questions! 

Post: Where are you buying in Memphis?

Alex EvansPosted
  • Memphis, TN
  • Posts 230
  • Votes 99

Hey @Nic S.

Memphis is a great city to invest in! 

The location of your rental I believe truly depends upon the strategy that you are trying to have. It is always my recommendation to buy fewer homes in nicer areas rather than more homes in worse areas! 

I would be more than happy to answer any questions that you have. I will send you a PM! 

Hello @Antoinette Wayne

I would be more than happy to help recommend people for you! Feel free to reach out!