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All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 225 posts and replied 1247 times.

Post: The real estate crash of 2023

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,324
  • Votes 1,144
Quote from @Andrew Syrios:

I didn't seem like a crash to me, it was more of a dip or plateau or perhaps a freeze given the volume of sales went down fairly substantially too.

Our crash was in the # of transactions taking place in Memphis. The number of sales is down something like 50% in some of our zip codes. 

Our crash was not in the value of homes. We've seen prices remain relatively flat (and even increase in some areas), which is overall good news for buyers and sellers in light of the predictions people had in late 2022.

@Andrew Syrios, I think that's what you've experience and what you're saying above, right?

Post: The real estate crash of 2023

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

Do you agree that a real estate crash happened in 2023?

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


Post: Deal of the Week (Memphis 38141)

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

If you're looking for a deal in Memphis, this could be it!

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

Personally, I've owned a property in this same block for over a decade. And, I don't plan to sell it any time soon!

Post: Deal of the Week (Memphis 38141)

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

If you need it, the zip code overview of 38141 is around minute 35 in the Memphis podcast below.

Post: Deal of the Week (Memphis 38141)

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

If you're looking for a deal in Memphis, this could be it!

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

Post: Finish this sentence, "I'm getting into long-term rentals so that..."

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

Here's a question everyone needs to answer.  Why are you getting into long-term rentals?

"I'm getting into long-term rentals so that..."

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


so that Dean Harris continues to generate commission checks. 
That really made me laugh!

Post: Finish this sentence, "I'm getting into long-term rentals so that..."

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

Here's a question everyone needs to answer.  Why are you getting into long-term rentals?

"I'm getting into long-term rentals so that..."

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


Post: Each Memphis zip code reviewed in 3 minutes

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

If @James Martin and @Dean Harris pretty much agree, then you better believe it!  They are both the gold standard when it comes to Memphis real estate investing!

Post: How often does something go wrong when BRRRR-ing?

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

When you're BRRRR-ing properties, things can go wrong. If you're wondering what can happen, watch @Dean Harris tell me what he sees with his BRRRR clients in Memphis.

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


Post: Each Memphis zip code reviewed in 3 minutes

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

If you're searching for a specific Memphis zip code, visit our "Investor's Guide to Memphis Real Estate" podcast to hear our 3-minute review of each zip.  Below is an example of Frayser 38127.

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