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All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 225 posts and replied 1247 times.

Post: Memphis market update for 2023 Q4

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you're looking for a real-time update on the Memphis market, look no further!

If you want to learn more about trends in our market (or about buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans in Memphis), please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Post: Memphis vs Chattanooga

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144
Quote from @Junior Francica:
Quote from @Douglas Skipworth:
Quote from @V.G Jason:

Memphis is trash. I'd opt for Chattanooga. 

I haven't invested in Chattanooga (yet!), but I've made a fortune in Memphis and know a bunch of other people who have done really well investing here. As they say, one man's trash is another man's treasure!

 What have you invested in Memphis? rentals? Just starting my first flip here in Chatt and even though it's a little harder to find, still a lot of great flip opportunities. 

Congrats on your first flip!  When you're done be sure to post it in the completed deals section so others can learn from all of your success.

Yes, my investments have been mostly long-term buy and hold rentals. I'm not much of a flipper, though I have sold a bunch my rentals over the years and have helped a bunch of flippers buy and finance their projects. Thanks for asking, @Junior Francica!

Post: Do you self manage?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you self manage, how do you make sure your records and data are clean and thorough?

If you want to learn more about property management (or buy and hold, fix and flip, SFR, turnkey, small multifamily, or hard money loans) in Memphis, please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Special thanks to CrestCore property management for being a long-time sponsor of the show!

Post: Selling a self-managed property is a challenge

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

Here's why self managing can work against you when it comes time to sell your property.

If you want to learn more about selling properties (or about buy and hold, fix and flip, SFR, turnkey, small multifamily, hard money loans, or property management in Memphis), please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Post: Memphis vs Chattanooga

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144
Quote from @V.G Jason:

Memphis is trash. I'd opt for Chattanooga. 

I haven't invested in Chattanooga (yet!), but I've made a fortune in Memphis and know a bunch of other people who have done really well investing here. As they say, one man's trash is another man's treasure!

Post: Do this now if you are selling a property today

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you are selling a property today, do these things right now to get the property sold.

If you want to learn more about selling properties (or about buy and hold, fix and flip,SFR, turnkey, small multifamily, hard money loans, or property management in Memphis), please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!

Post: Who is selling property right now?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you're selling a property right now, here's a deep dive into what you need to do to get it sold ASAP at full price!

If you want to learn more about selling properties (or about buy and hold, fix and flip, SFR, turnkey, small multifamily, hard money loans, or property management in Memphis), please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!


Post: Dean's latest BRRRR Deal of the Week

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you're looking to BRRRR in Memphis, this is a great opportunity!

Reach out to @Dean Harris if you want to make an offer!

Post: Did you read Rich Dad Poor Dad?

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

That's awesome, @Brandon Vukelich!  

My son plays the online version of the Rich Dad Poor Dad Cashflow game.  It's very a powerful teaching tool.  I've got my CPA license and he already has more practical knowledge of balance sheets and income statements than I did when I finished undergrad!  

Post: How to avoid lowball offers

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144

If you need to sell right now, what are you doing to prevent low offers from other investors?

If you want to learn more about selling properties (or about buy and hold, fix and flip, SFR, turnkey, small multifamily, hard money loans, or property management in Memphis), please subscribe on YouTube or Facebook. Each week @Dean Harris and I cover it all!