All Forum Posts by: Rashard Alomari

Dan Butler and @douglasskipworth run an impressive property management company here in our HOT market of Memphis!

I personally invest in the "lower end" neighborhoods of Memphis that yield (my experience) spectacular returns! Even when factoring in extended vacancies, higher turnover costs, and tenant issues, you can still except overall higher returns in my opinion. Like Curt Davis and Elizabeth Wilson said, it all depends on the investor and their preference.

Wilhelm J. Lieto anytime! The prices range significantly to be honest. You can start with utilizing the free content of Sean Terry, Nick Ruiz, and Cody Sperber. Then, when you've grasped the concept, you can pay for their programs/mentorships. Get after it! It's VERY common for a well rounded and efficient wholesaler to make well over $20k per month in this business...with tons making over $100k...per...month... :)

I've seen a ton of amazing responses with huge value, but I haven't seen any in regards to using that 20k to create an entirely new life changing career in real estate. If I had to start over and had 20k at my disposal I would: - Heavily research "wholesale" real estate and hire a reputable mentor - Follow that mentor's guidance and Invest in marketing after properly studying the business - Remain consistent and work HARD/SMART until your wholesale real estate business easily generates more income for you than your day job - Eventually quit your day job (after extensively learning the business and have savings stuffed away for 6-12 months) - Invest in properties with much more capital and knowledge than you currently have with a lot less stress and risk Hope this helps!

Brooks McDonald has an AMAZING staff and wonderful rates! I run ALL of my rentals through them and refer all of my clients as well!

I agree with @jackinman in regards to phenomenal COC returns here! But I do personally invest in areas of frayser. The numbers make sense to me, even when factoring in extended vacancy and higher turnover costs! Overall, MEMPHIS IS AMAZING! Feel free to reach out to me or stop by the office whenever you're in town!

Memphis. Is. GREAT! Such phenomenal cash on cash returns here! Even in the areas above the $50k threshold that I shy away from have great returns! Swing by the office next time you're in town and my team will take you on another tour of our great city and show you some HOT inventory!

I personally go for whatever is the best buy at the time. Why pass up on a GREAT deal when one presents itself.

Memphis would be a phenomenal market to invest in with cash. 100k will get you roughly 3 nice properties that are tenant occupied rented in the $650-$700 range, professionally managed by one of our local PM companies.

Nichole Ovens have you looked into the Memphis market?! We have phenomenal cash on cash returns here starting as low as $30,000 ALL-IN....tenant occupied!