All Forum Posts by: Nida Kazmi

 I own 6 units from midsouthhomebuyers , Liz and team are great and so as the owner Terry. I am happy with them so far.  I did visit them in person to understand their rehab process and did go on tour with them few years ago.

http://midsouthhomebuyers.com/

Hey @Nida Kazmi! I am local to the Memphis market here and like others have mentioned communication is key. If early on in the relationship you get any red flags with communication I would run. They aren't going to communicate better once you've done a deal. Meeting the team personally has some value but I have worked with dozens of investors who have never been to Memphis and never meet me face to face. 

Make sure to get referrals of clients that they work with! Some have noted here some of the issues they have had but there maybe anomalies and those experiences may not be the consensus for a majority of their clients so its good to get referrals and hear their point of view as well. Let me know if I can help you in anyway!

Happy Investing!

@Nida Kazmi So it has been about a year. How is your experience so far? Are you getting the service and ROI you expected? Please give us an update.

There are people there that can check on the operation for you.  I had to endure a long drawn out process as well.  They said the issue was with the power company as well.  Out of the 3, Kim was the hardest to get in touch with.  I told them the unanswered phone calls were the deal breaker for me.  If there are delays I can work with that but going silent for months was not something anyone would want to deal with.

I'm still somewhat dealing with it.  I remained with them for property management since they have a year of no charge for doing a deal with them.  I have not had good communication with the property management team either so in the next month or so I am switching over to another company I have already spoke with who also recommended seeing how long I can go with complimentary property management.

I'm actually just a little concerned with whether the tenant is being taken care of or not.

Got referral from a friend. Apparently he is doing similar business with them from couple of years. Actually I have been trying to reach Kim as well together with Kenny and Ashley. No response.

please send me local guy info. We are northwest based and flying out to Memphis just to get update, doesn’t make any sense.

We are experiencing a nightmare situation with Mid South Turnkey Homes. We signed an SOW in May 2024 for a 90-day project.

At first, Ashley answered our calls, offering various excuses—personal medical issues, weather delays, and being overwhelmed with investors. Then, she stopped responding altogether. After a few weeks, Kenny picked up and gave more excuses. Now, it has been three months since they last took our calls.

I have no idea if they are still in business. The last update we received was that they were waiting for an electric hookup, but when I contacted the utility company, they said they’ve been waiting on Kenny for months.

Has anyone else dealt with this? Should I seek legal help? Any advice would be greatly appreciated.

@Stephen Williams I can help you get connected with a really good GC that specializes in investment proerties here in Memphis. I have personally used them for years on my portfolio

I have an issue with a home I purchased in Memphis through Midsouth Turnkey.  I was referred to them through Jason Hartman's Network.  The contract signed for the property was a 90 day cosmetic rehab with some distributions paid and now I am getting no phone calls.  I went to Memphis a couple of weeks ago to visit with Kenny Shaw and some of his people and they showed me some of their projects in progress and gave a rundown on mine.  they told me it only needed a week to get it done.  Now it's two weeks later and they are not returning emails or phone calls.  I reached out to my contact with Hartman's team and they spoke with him.  He told them he was going to reach out to me.  No contact and no returned phone calls.  I have a what's app group with him alon gwith others for the property and it shows he has read my messages. 

So at this point, I will be going to Memphis to take custody of the property and try to get it done myself. Is there anyone on here with good references of contractors that can help me out along with the best property managers in the area for me to visit with to determine who I should hand over operations to once the work is done. I haven't fully been setup yet as I have cash but I will be taking out a HELOC to get the rest of the job done. It's definitely putting a wrench in my life which is the primary thing I wanted to avoid.

Hi Nida,

I have been very happy with my turnkey properties I have bought in Memphis!  I have been investing in Memphis for about 7 years.  My opinion is that it is a good way to start investing in an out of state area.  These days the numbers on turn key properties in Memphis are getting harder to cashflow especially if you are leveraging the deal.  I agree with others that not all the companies are created equally and I would take the time out to compare them.  I would take a trip and meet with different companies.   I would definitely take a look at the fee structures.  From my experience the maintenance on the properties could really eat into your cashflow.  So I would make sure there is not a big premium on maintenance from the PM.  Overall Memphis is a great area to focus on like always you want to have a great team to work with!

@Nida Kazmi

are you looking to add to your portfolio, or are you looking for your very first investment?

and are you located in Dallas?