9. Your Cash Flow is in Memphis, Tennessee

Released Dec 12, 2014

Discover how to create another income stream with a durable asset like real estate in Memphis, Tennessee, and not have to do the work on your own. Listen to this week’s show and learn: 00:38  Most people only have one income stream in their life. Learn why to establish more than one. 01:57  Keith explains “turnkey real estate investing”. 03:37  Interview with Terry Kerr of Memphis, TN’s Mid South Home Buyers begins.  05:30  Memphis, Tennessee’s economic and demographic makeup is what makes it a strong income real estate market. This is largely due to the fact that Memphis is the United States’ distribution hub. 08:16  The character of Memphis properties, and their rent-to-value ratios. 12:39  Availability of financing for Memphis turnkey properties. 13:50  Terry describes how there are efficiencies in having one company both provide and manage the property for investors. 16:04  The available inventory level of Memphis investment properties. 18:33  Tennessee’s Landlord-Tenant Law and how that is advantageous for out-of-area investors. 21:25  What makes for a good Property Manager is communication. 22:24  What gives Mid South Home Buyers a property management advantage is slightly below-market rents, better-condition homes, they do not charge the tenants an application fee, and they handle maintenance issues promptly. This attracts and retains higher quality tenants. 24:38  Current occupancy of the 875 houses in their management portfolio is 98.4%. 25:32  Mid South Home Buyers have an ongoing inspection schedule of their managed properties. 29:27  Terry states that the Property Manager is more important than the property itself. 31:12  Keith estimates how small the out-of-pocket costs are for an investor buying turnkey real estate in Memphis. 31:58  Mid South Home Buyers has warranties for investors on their turnkey properties. 32:50  Send Get Rich Education a message through our Facebook Page Messenger with what you most want to hear on future episodes. You can even tell us what you want us to ask guests.   Resources mentioned: www.MidSouthHomeBuyers.com

Your Cash Flow is in Memphis, Tennessee

by Keith Weinhold | Get Rich Education

gre-book

SUBSCRIBE TO OUR FREE NEWSLETTER

Be notified of wealth-building Get Rich Education updates! Leave your contact details here.

You have Successfully Subscribed!

GRAB GET RICH EDUCATION’S BOOK AND LETTER!


Free E-Book. 7 Money Myths That Are Killing Your Wealth Potential contains money secrets you can’t believe you never knew in 84 concise pages. It finally clarifies how real estate creates financial freedom.

Free Letter. Our weekly Don’t Quit Your Daydream E-mail letter wires your mind for wealth. It helps you make money in your sleep and updates you on important real estate investing trends.

Full of value, void of hype. Just real content that makes a difference in your life. Rather than living below your means, learn how to expand your means.

Check Your E-Mail For The Book.

GET MY FREE EBOOK


7 Money Myths That Are Killing Your Wealth Potential

Check Your E-Mail For The Book.

Share This

FREE VIDEO COURSE

REAL ESTATE
PAYS 5 WAYS

This valuable 1-hour course and newsletter wire your mind for wealth:

Get Video Course - Pop-Up