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All Forum Posts by: Douglas Skipworth

Douglas Skipworth has started 239 posts and replied 1317 times.

Post: The Investor's Guide to Hard Money Lending podcast

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

CoreLend Financial's "Investor's Guide to Hard Money Lending" podcast is gaining momentum. Be on the lookout for the next episode dropping this week with Loan Manager Alissa Fowler and Memphis appraiser Sam King.

Post: Transfer tax on quit claim deed from individual owner to LLC

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

I've used Will Griffin, Jr. of Griffin Clift Everton & Maschmeyer the last few times I've done quit claims.  I highly recommend him (but I'm a bit biased since he sponsors CrestCore's Memphis podcast with @Dean Harris and me).

Post: Transfer tax on quit claim deed from individual owner to LLC

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

@Ryan Bartlett, I've done a number of quit claim transfers over the years in Memphis.  I typically use a local real estate attorney to prepare and file the QC deeds.  It's a negligible cost to make sure everything goes perfect.

Post: Lesson learned from investing out of state

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

I've learned a lot from local market and out-of-state investing.  In this 45-second clip I tell @Dean Harris one of the most valuable lessons.

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 check out our podcast on YouTube, TikTok, Instagram, Apple Podcasts, etc. Each week, Dean and I cover it all!

Special thanks to show sponsors CoreLend Financial and CrestCore Realty and to our buyers agent @Allie McAlister!

Post: Getting Back Into BRRRR — Looking for Market Feedback & Tips

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

Post: Getting Back Into BRRRR — Looking for Market Feedback & Tips

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

I like how you are thinking @Christopher Garcia. Just like @Allie McAlister posted, we are seeing the same thing in Memphis. I made 2 posts earlier this week that said pretty much the same thing you did. It looks like the BRRRR time is coming!

Post: The 4 horsemen of your real estate team

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

To me, the 4 horsemen of your buy and hold real estate team are your Agent, Lender, Property Manager, and Contractor.  

The great news is that you can build your team before you need your team.

Do you want to build a team in Memphis?  Send me a message or email if you do.

Post: Deals of The Day!

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

This is one of the best aspects of getting a fix and flip loan from CoreLend* - they promote your deal throughout their network.  Thanks, @Richey Ward.


*Full disclosure, I am one of the founders of CoreLend and they are a sponsor of our weekly Memphis podcast, The Investor's Guide to Memphis Real Estate with @Dean Harris of CrestCore Realty.

Post: BRRRR-ing in Memphis

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

If you're interested in BRRRR-ing properties in Memphis, we've got your covered.

Check out @Dean Harris' 30-second clip below to learn more.

Post: Coming soon - BRRRR deals in Memphis

Douglas Skipworth
Posted
  • Rental Property Investor
  • Memphis, TN
  • Posts 1,394
  • Votes 1,177

If you're interested in BRRRR-ing properties in Memphis, your chance is coming.

Check out @Dean Harris' 20-second clip below to hear what we're seeing.

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