
Rental Property Investor
I'm the Managing Partner at Memphis Investment Properties (MIP), the highest-rated turnkey provider in the country (4.9★ from 229+ Google reviews). We help out-of-state investors build portfolios of cash-flowing rentals in Memphis, TN, offering Turnkey, New Construction, and BRRRRkey deals in A, B, and C class areas. Our founder, Jim Reedy, started investing in Memphis rentals nearly 50 years ago. He built a portfolio of more than 500 homes and managed them all himself. In 2003, we started using that same playbook to help other investors. Today our team of 100+ has renovated over 7,000 properties, works with 1,000+ investors, and has partnered with everyone from first-time buyers to some of the world's largest hedge funds. Every property is managed in-house by our sister company, Reedy and Company Property Management. Founded in 2002, it's a top-notch local team that treats your rental like their own. What sets us apart: - Every department sits on one 22,000 sq ft campus, including acquisitions, renovation, leasing, maintenance, and management. - Our 7,000 sq ft warehouse lets us buy materials in bulk at better prices. - We spend $45,000+ in renovations on each property, on average. - We offer a 90-day leasing guarantee and a 1-year maintenance guarantee. - We offer financing on 30-year loans at below-market rates. - We offer in-house hard money for BRRRRkey deals. Happy to answer questions about investing in Memphis from out of state, turnkey rentals, or what to look for in a property manager. Check out our Google reviews at www.MemphisInvestmentProperties.net.
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