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All Forum Posts by: Jordan Ray

Jordan Ray has started 24 posts and replied 395 times.

Post: $440,000 to invest with 1031

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Marcie Sullivan:

@Jordan Ray thanks will look into that area!!


Sounds good, let me know if you want to chat about the market here and how it works well

Post: $440,000 to invest with 1031

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Marcie Sullivan:

I’m currently working through a 1031 exchange and will have $440,000 to reinvest. I'm new to rental property investing and exploring my options. I'd love to hear from experienced investors:

If this were your money, how would you invest it?
Would you go with one property, multiple smaller ones, turnkey, light rehab, long-term or short-term rentals?


Memphis TN and cash flowing rentals! 

Post: Networking & Partnerships

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Gairy Springer:

Hello I Would love to connect with anyone about real estate investing, I'm looking to find any local real estate groups in the neighborhood to meet and have tangible action conversations that hopefully lead to a potential partnership. I'm currently involved in Multi-family, Commercial, BRRRR, Buy and holds, and long term rentals. Looking to learn more about fix and flips. Would love to connect with anyone interested.


Hey, welcome! Sounds like you’re already deep in the trenches—love that you’re working multifamily, BRRRRs, and long-term holds. I’m in the same boat here locally, mostly helping investors move fast on deals and scale smart and I am building my own portfolio as well.

Fix and flips are a different beast for sure—happy to chat through what I’ve seen work (and not work) in this market. There are a few solid investor meetups happening around town, too—usually worth showing face and seeing who’s doing what.

Shoot me a message anytime. Always down to link up with folks who are actually taking action.

Post: Failed BRR in Memphis TN

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Sean Dempsey:

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $89,000
Cash invested: $89,000

Failed BRRR with a scam artist called Mid South Turnkey (Kenny Shaw). https://the-opposition.com/2025/06/mid-south-turnkey-homes-the-90000-nightmare-at-2028-amity/


What happened? 

Post: Seeking cabinet and counter store that installs - budget friendly

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Cary McGuckin:

I live in a Virginia Beach and have a store here, that designs, sells, and installs at great prices.  Looking for recommendations of similar in greater Memphis for a rental home I have there. Any suggestions are greatly appreciated!

Thanks,
Cary


What do they design, sell, and install?

Post: New member here!

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Hen Mor:

Hello, nice to meet you all! 

My name is Hen, I'm new investor from Israel, willing to invest in Memphis area. 

Woul llove to meet new investors as well and make connections! 😄 


Hey Hen, welcome to BiggerPockets!

Great to see international investors looking at Memphis—there’s definitely solid opportunity here if you know how to navigate the market. Whether you're into long-term holds, flips, or BRRRRs, there are deals to be had with the right team and local knowledge.

Happy to connect and chat anytime you have questions or just want to bounce ideas around. Wishing you the best as you get started!

Post: New investor looking for a rental

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Kenzo Lackey:

I’m new here.  I’m looking to buy my first rental property in a few months. 


Hey Kenzo! Welcome to BiggerPockets! How much cash do you have to get started? I am seeing clients and myself buy deals with less than $10,000 out of pocket and 30-40% COC returns on BRRRR deals!

Turnkey is also very lucrative with properties being ready to rent at the 1% rule in many locations in Memphis! Let me know if you have any interest in that!

Post: Real Estate Investor Proves 1% Rule EXISTS With 3 Columbus Deals (Full Analysis)

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Jimmy Lieu:

Wondering if you can still find positive cash flow rental properties that hit the 1% rule in today's market? Real estate investor and Columbus realtor proves it's absolutely possible with THREE recent deals from 2024-2025!

🔥 What You'll Learn:

✅ What the 1% rule is and why it matters for rental property investments

✅ Real-life examples of properties that hit the 1% rule in Columbus, Ohio

✅ How to find positive cash flow investment properties in 2025

✅ Actual purchase prices, renovation costs, and rental income numbers

✅ Why Columbus, Ohio is a goldmine for out-of-state investors

🏡 Featured Properties:

✅Property #1: $160K purchase → $1,600-$1,700/month rent (Turnkey 3BR/1BA)

✅Property #2: $227K duplex → $2,500/month total rent (Two 2BR/1BA units)

✅Property #3: $120K purchase → $1,550/month rent (3BR/1BA with Section 8)

💰 Why These Deals Work:

✅Near-turnkey properties requiring minimal renovation

✅Strong rental demand in Columbus neighborhoods

✅Proven market rents supporting the 1% rule

✅Positive cash flow from day one

🎯 Perfect for:

✅Out-of-state real estate investors

✅Buy and hold rental property strategies

✅First-time investment property buyers

✅Anyone seeking passive income through real estate

Over $20 million in real estate transactions and 100+ investor deals completed. Let me help you find your next cash-flowing investment property in Columbus, Ohio!

🔑 SUBSCRIBE for more real estate investing tips and Columbus market insights!

#realestateinvesting #passiveincome #realestatebeginners #cashflow #financialfreedom #investmentproperties #outofstateinvesting #rentalproperty #columbusohio #columbusrealestate #propertyinvestment #realestateinvestor #realestateinvestors

Related Tags -

- BRRRR

- Buy and hold

- Flip

- Short Term Rental

- Mid Term Rental

- STR / MTR

- Out of state investing

- OOS investing

  • Real Estate Education
  • Real Estate Consulting
  • Property Analysis
  • Buyer Agent & Brokerage Representation
  • Seller Agent & Brokerage Representation

- FSBO Property Sales & Marketing

  • Property Management
  • General Contracting
  • New Construction
  • Investor Financing
  • Lender Financing
  • Seller Financing
  • Title Work
  • Property Insurance
  • Section 8 Consulting

Hit me up to talk or network about investing in the following markets!

  • Cleveland, Ohio
  • Columbus, Ohio
  • Akron, Ohio
  • Canton, Ohio
  • Cincinnati, Ohio
  • Dayton, Ohio

We are still finding that the 1% rule works well in Memphis TN as well! Good stuff, now I know where to go if I decide to invest out of state!

Post: Managing your own rental sounds simple... until it isn’t.

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Douglas Skipworth:

Wow, in 45 seconds Jim hit the nail on the head describing what it's like to be a self-manager in Memphis!

Thanks for sharing these CoreLend podcasts, @Richey Ward

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


Definitely not for the weak for sure! I am a self managing investor and it can be a lot but my systems and processes are getting better and I am delegating well but your typical investor, especially one that is out of state should not self manage. 

To add to this, if you self manage you will have to keep up with local, state, and national laws to be sure you don’t put yourself in hot water! 

Post: Slow Flipping in Memphis-contracts needed? Foreclosure and eviction laws?

Jordan Ray
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 414
  • Votes 201
Quote from @Jill Addison:

Hey there!

If you're a slow flipper in Memphis, please share with me 1) what contracts you use and 2) info about the foreclosure/eviction process.

Thanks!

Jill


Foreclosure/Eviction? These are 2 separate things. What is a slow flipper?