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All Forum Posts by: Jordan Ray

Jordan Ray has started 31 posts and replied 461 times.

Post: Tenant lease expired January 18, 2024 and tenant is avoiding signing new lease

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Marie Larcom:

Thank you. We live in Dallas TX and our property is near Memphis.  We have been managing our own property for the first time since last year. This is going to be very difficult to handle. Do you have any suggestions?

How long would you give a tenant to respond to your text message about renewing and inspection of the property?


The fact your self managing OOS is not good for this very reason. If you were close, I would give him that 24 hour notice by forms of communication and even leave a letter at the door (If Possible) then show up with the police to protect your safety.

Post: Tenant lease expired January 18, 2024 and tenant is avoiding signing new lease

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Marie Larcom:

I have an rental property in near Memphis TN. The tenants lease expired January 18th, 2024.

I sent him a text message on January 30th, 2024 and ask him if he wants to sign another year lease, or sign a addendum lease and go month to month. 

The tenant will not answer my text message.

I also explained to him in the same text that we have to come to our property and complete an inspection before we can move forward for him to sign a new lease. 

what should I do?

How much notice are we required by law to give him notice for us to inspection our property?

He still is living in our home.

Thank you,


Send him a 24 hour notice by text, email, voicemail, and by payment portal wether he answers or not. Take the police and go check it out.

Post: Navigating the Memphis Real Estate Market

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Kenneth Williams:

@Jordan Ray DM me your contact information. I'm going to start sending you some off market properties. Just let me know if you find anything that fits their criteria.


My email is on located in my signature 👇

Post: What is a BRRRR?

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Jake Baker:

@Jordan Ray

Great video!


 Thank you!!

Post: Local Agent Recommendation

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Walter Jones:

Hi @Sean Doyle. My first question for an agent would be: "How many properties do you own?" Then find out if their own focus and strategy aligns with yours, and how many people they've helped start and/or grow their portfolios.


I completely agree. Walter is right. It could be very beneficial to find a featured agent here on BiggerPockets like Walter or myself. Walter is a great guy and has many properties with alot of experience. I also own rental property and have helped many investors start & build their portfolios as a wholesaler & a agent. Let us know if we can help in any way! Goodluck!

Post: What is a BRRRR?

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253

Do you want to know what a BRRRR is? I broke it down, Memphis TN style! Watch this video!

Post: Lunch with The Pros | Memphis Investor Group (Virtual)

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253

Local REIA in Memphis, TN. All interested in real estate and investing are invited free to all.

NOTE: I do not own the rights to this content nor am I a sponsor, I am simply inviting folks from BiggerPockets to join us in Memphis on Zoom.

 https://memphisinvestorsgroup.com/content.aspx?page_id=4002&...

Post: February Burgers & Business | Listings: How To Crush Your Competition

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253

Attention all Memphis real estate agents!

https://www.eventbrite.com/e/burgers-and-business-a-realtor-...

Join us for an exclusive event designed to elevate your listing game and supercharge your success in the market! Our special guest speaker, Chelsea Dillick, is set to share invaluable insights and strategies to help you stand out, crush the competition, and close more homes than ever before.

Chelsea is the one leading the charge in Southeast Missouri's real estate scene! As the fearless team leader of a top-producing real estate team, Chelsea is not just selling houses; she's crafting dreams into reality. Nestled within the ranks of eXp Realty, one of the fastest-growing brokerages globally, Chelsea has mastered the art of turning 'For Sale' signs into 'Sold' celebrations. Get ready to unlock the secrets to executing listings with precision and finesse, gaining that competitive edge that sets you apart. Whether you're a seasoned pro or just starting out, this event is your ticket to mastering the art of real estate sales in Memphis. Don't miss this opportunity to level up your skills, network with fellow agents, and take your career to new heights. Secure your spot now and get ready to dominate the Memphis real estate scene!

Attention all Memphis real estate agents!

Join us for an exclusive event designed to elevate your listing game and supercharge your success in the market! Our special guest speaker, Chelsea Dillick, is set to share invaluable insights and strategies to help you stand out, crush the competition, and close more homes than ever before.
Chelsea is the one leading the charge in Southeast Missouri's real estate scene! As the fearless team leader of a top-producing real estate team, Chelsea is not just selling houses; she's crafting dreams into reality. Nestled within the ranks of eXp Realty, one of the fastest-growing brokerages globally, Chelsea has mastered the art of turning 'For Sale' signs into 'Sold' celebrations.Get ready to unlock the secrets to executing listings with precision and finesse, gaining that competitive edge that sets you apart. Whether you're a seasoned pro or just starting out, this event is your ticket to mastering the art of real estate sales in Memphis.Don't miss this opportunity to level up your skills, network with fellow agents, and take your career to new heights. Secure your spot now and get ready to dominate the Memphis real estate scene!

Facebook RSVP

Post: Local Agent Recommendation

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Sean Doyle:

Hi all, 

Looking to connect with local agents in the Memphis market. Any referrals would be greatly appreciated. 


Let me know if I can help in any way! Check out my website and my BiggerPockets page. I would love to help and I am always helping new & seasoned investors find their first/next deal. 

Post: New investor looking to start out of state

Jordan Ray
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Posted
  • Real Estate Agent
  • Memphis, TN
  • Posts 488
  • Votes 253
Quote from @Andres Martin:

I've found out that Zillow can be a great place to find some specific data. You can filter the data you are looking for based on whichever markets are in your list of potential candidates.

https://www.zillow.com/research/data/

If you are looking for more information about migration patterns and employment opportunities, I would recommend the U.S. Bureau of Labor Statistics:

https://www.bls.gov/ces/

If you have a more specific city in mind, you can always visit the city/county website and see what kind of public information they have, such as new developments, etc.

I hope this was helpful to you. Feel free to DM me if I can be of further assistance.


A Realtor suggesting Zillow? That a new one! Glad you see value in Zillow LOL