All Forum Posts by: Dean Harris
Dean Harris has started 335 posts and replied 680 times.
Post: Most positive cash flow cities, tax friendly states, Landlord friendly states?
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Im an investor in Memphis, TN and I own a large portfolio of SF rentals. Im happy to answer any questions you might have about how I invest in Memphis and I can offer up all of my vendor partners to you as well.
My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data.
Best of Luck!
Post: Investment Opportunities in Memphis
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Hi Daniel!
Memphis, TN will have several opportunities! I have been investing here for years and I focus on the BRRRR strategy. I have clients that work all kinds of stratagies and programs. Happy to help in anyway I can. My weekly podcast about investing in Memphis might be a good place to start and begin to familierize yourself. Happy to send you the link
Best of Luck!
Post: Thoughts on Investing really close by international airport
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
This is going to be "City Specifc" in my opinion. In Memphis, TN, we have solid communites to invest in around our airport. Other cities, not so much!
38116 and 38118 are the areas Im referring to and I have a Podcast where I break down the stats and all details of those areas. I also own over 15 properties in these two zip codes. Happy to share!
Good Luck!
Post: Investment Opportunities in Memphis
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Welcome to BP! I invest in Memphis, TN and I use the BRRRR strategy for most of my purchases. Im happy to connect and share our vendor list with you.
Good Luck!
Post: When to get a property manager
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Quote from @Sean Gallagher:
Quote from @Dean Harris:
This is a great question and one I get from our client base often here in Memphis, TN. If you plan to scale, I would get one right away on your first property. Make it part of your business model and focus on scaling vs managing. I personally own a large portfolio here in Memphis and I hired a property manager for the very first proeprty and I still use them today.
Hi Dean, how much did you really leave up to your property managers after purchasing a home when looking to scale? Because as we know not every property will be turn key. Did they handle everything after purchase? Meaning walking the home, seeing what needs to be done to get rent ready and completely managing it from start to finish?
Each Prop mgr will be different but yes, mine would handle all of those things that you would need. I'm personally more hands on but the service is there for you to take full advantage of
Post: "New Investor Focused on Long-Term Rentals & Multifamily Properties"
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Welcome to BP, @Laqurn Andrews
I invest in Memhis, TN and I have for over 10 years! Happy to connect!
Post: When to get a property manager
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
This is a great question and one I get from our client base often here in Memphis, TN. If you plan to scale, I would get one right away on your first property. Make it part of your business model and focus on scaling vs managing. I personally own a large portfolio here in Memphis and I hired a property manager for the very first proeprty and I still use them today.
Post: Newbie & long distance
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
Hi @Radhika S.
Memphis, TN has great cash flow properties and Tennessee is a Landlord friendly state. Lots of options work here and I have focused on the BRRRR strategy.
Best of luck!
Post: New investor looking to make connections
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
I own over 100 single fam properties here in Memphis, TN if you are looking for an agent with investing expierence. I also work exclusively with OOS invesotrs to help them build their portolfios here in Memphis. I can pass all of my vendor partners over to you as well. Im happy to answer any of your questions and I wont take your money for the time! :)
My weekly podcast I have been hosting for the last 8 years can be helpful too!
https://www.youtube.com/@InvestorsGuideMEMPHIS/videos
Good Luck!
Post: First time out of state investor
- Real Estate Agent
- Memphis, TN
- Posts 1,289
- Votes 1,352
I would ask only 1 question....."Do you own rental property in the areas Im going to buy in"?
Your agent will be able to refer you to the best of the best becuase why would they use anyting less? Agents are in the market, they are looking for the same GC's and vendor partners you are.
I own a large portfolio of SF rentals in Memphis, TN. I also only sell investment deals in Memphis, TN and the best invesotors ask me where I buy and how I by them and who helps me along the way!
Good Luck!