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All Forum Posts by: Dean Harris

Dean Harris has started 335 posts and replied 680 times.

Post: First time BRRRR in planning phase, Need Advice!

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

I have personally BRRRR'd over 50 deals myself in Memphis, TN. I host a podcast where I talk about BRRRR deals all the time and I help countless clients work this strategy in Memphis, TN.

Im happy to share my Podcast link and information! and Im also happy to get anyone in front of our vendor partners. This is 100% the key to BRRRR success!

Good Luck!

Post: Hello my name Joseph I’m based in California I’m a fairly new invester

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@Joseph Jolley

Love to see that you are investing in Memphis. Have you seen my podcast on investing in Memphis? I only worj with OOS investors and I staretd this podcast to educate my clients. Happy to share that info with you

Best of luck and I am happy to answer any questions based on my personal SF rental expierence. My wife and I own a large portfolio in Memphis and Im happy to connect you with our vendor partners and crews. 

Post: Out of state investing

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@Chaim Mal

I only work with OOS investors here in Memphis TN. You need to find a team that has their entire business set up to assist the OOS investor. You will also need to team up with someone who is currently investing in the areas you are looking in. You need that personal expierence and knowledge to be successful. 

My podcast teaches investor how to invest in Memphis TN. Im happy to share that with anyone. (Over 200 episodes)

Post: First time BRRRR in planning phase, Need Advice!

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@Preeti Sharma

BRRRR is by far the best strategy in my opinion for SF properties. I have completed that strategy over 46 times myself and my client base has completed hundreds of them here in Memphis, TN.

Im happy to answer any questions you may have! Best of Luck!

Post: Out of state investing

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@Chaim Mal

it is alwasy tough to make the decision to invest out of state. I respect any investor who does that. The key to the entire process is your boots on the ground in that market and who is leading your team on the ground. To me, they also need to be an investor themselves with at least 5+ years of investing expierence. 

I invest in Memphis TN and I can answer any questions you might have! 

Best of Luck!

Post: Out-of-State Investment - Starting Out

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@David Fals

Have you looked into Memphgis, TN? I invest here in long term single family rental proeprties and Im able to BRRRR them as well. My last 46 purchases have been using the BRRRR strategy. I have all of the referrals and vendor partners I can pass along to you as well to help you execute the BRRRR if Memphis is on your radar

Best of luck and Im happy to answer any quesitons you may have about Memphis, TN

Post: Out-of-State Investor Looking to Connect with Memphis Real Estate Community

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

@Carter Ford

Welcome to BP! I own long term rental properties in all of those zip codes you mentioned in Memphis. Those areas have been really strong for me over the last 11 years. Im happy to answer any questions you may have about those specifc markets. 

I also break down each of these zip codes with their rental range, price points and appreciation stats in my weekly podcast, "Investors Guide to Memphis Real Estate". You can find it where you listen to podcasts

Best of luck in Memphis and Im happy to connect anytime. 

Post: What is the norm in Memphis TN

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

I own a large portfolio of single family rentals in Memphis, TN  in the rental ranges from $900-$2300. You need to be careful using a one method of providing appliances....especially if it sounds too good to be true. In a lower end rental in Memphis, you can get away with minimal appliances (Borderline slum lord). Sometimes just a stove/oven will be enough. In other rental markets in Memphis, you will need to provide a stove and maybe a dishwasher and then in others you might need to privde everything in order to get your market rent. Be careful listening to agents and investors that own just a few rentals in a isolated location. I own property  in 12 different zip codes around Memphis. Im happy to answer any questions you may have

I also host a weekly podcast called the "Investors Guide To Memphis Real Estate". You can listen wherever you listen to podcasts. I talk about this specifc topic in one my my shows!

Best of luck!

Post: Investing in SFH in Southaven Mississippi (near Memphis)

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

Hi @Mendy M.

Southaven can be a really strong market to invest in. I own several Southaven SF rentals in the $1500-$1700 range. I also own several in Horn Lake and that is the city next to Southaven. Both areas have a strong tenant base in DeSoto County. 

Happy to answer any questions you might have based on my personal investing expierence in Southaven & Horn Lake!

Post: Where to invest using BRRRR Strategy

Dean Harris
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,289
  • Votes 1,352

I have personally used the BRRRR strategy over 40 tiems my self in Memphis. My clents might have used this stratgy hundreds of times!!

I host a podcast where I talk all about it. Its called "The Investors Guide to Memphis Real Estate"

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