Investing in Memphis’ Multi-Family Properties: Benefits and Challenges
Memphis offers lucrative opportunities for multi-family property investors, with steady rental demand, affordable prices, and value-add potential, despite some challenges.
Unlocking Real Estate Wealth: Comparing Turnkey Rental Investing with Other Strategies
The benefits and drawbacks of turnkey rental investing in comparison to other real estate investment techniques, such as fix and flip, purchase and hold, and real estate crowdfunding, will be discussed in this article.
Ask These 6 Questions When Buying An Out of State Turnkey Rental
This financial literacy article is based on my experience as an out-of-state landlord with three rental properties in and around the Memphis, TN area. I bought my first rental property in 2011, my second in 2013, and my third in 2014. Investing in turnkey rental properties outside of your local area is cash intensive. You'll need 20% down for a 30-year mortgage. However, if you invest in a real estate market that has property values more affordable than your own, the reward is a nice monthly coupon you can bank on.