MemphisInvest.com Blog

Showing posts with label Cash Flow Properties. Show all posts
Showing posts with label Cash Flow Properties. Show all posts

Monday, November 9, 2009

Investment real estate continues to fall in pricing...Making EXTREME bargains for Memphis investment newcomers and pros!

Raleigh is a fantastic area of town for real estate investors. There are many great features to this part of town including access to freeways, proximity to hospitals, schools and shopping as well as several new projects bringing additional jobs. Raleigh is one of the more popular areas for Memphis Invest to purchase investment properties as our clients like the pricing, the returns and the steady rental area. We have attached an appraisal to the property from a certified appraiser and are developing a full rehab list. Call us today and ask how you can get started investing with our Full Turn-Key investment services company.

3789 Kipling, Memphis, TN 38128

Main Photo

This is a nice three bedroom, one bath, brick property situated on a nice street in the Raleigh area of Memphis. This is a high quality Memphis investment property and is a very good additional for any investor looking to invest in Memphis real estate. This particular street in Raleigh is very nice with well maintained owner occupied homes. There are very few houses for sale or rent in this area. The house absolutely feels larger than it is and features a living room, dining room, kitchen, storage room, three bedrooms, and one bath. With rents of $650-$750, this property should rent quickly and offer a Memphis real estate investor great positive cash flow with a significant equity position.

Repairs to include: interior paint, new floor coverings, HVAC system repairs, plumbing repairs, electrical repairs, house cleaning, and lawn maintenance.

Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.
Pricing
Price: $31,900.00
Estimated Rent: $650-$750
Annual Taxes: $916.39
Zillow: $65,000
Previous Sale: $46,900 2/21/1997
Tax Assessed: $50,800
Rehab: $11,000
Estimated ARV: $57,500

Property Location
3789 Kipling
Memphis, TN 38128
View Map

Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: 1 Car Carport
Year Built: 1964
Lot Size: .20
Square Footage: 1000

Attributes
Interior Amenities
Hardwood Floors
Attic
Exterior Amenities
Fenced Yard
Grass Lawn
Photo Gallery

Tuesday, October 27, 2009

Real Estate Investors love the Memphis Invest simple approach to Investing

Memphis Invest recently hosted real estate investors from around the country for a two day event where they could learn about Memphis, meet the entire Memphis Invest team, see first hand how easy it is to invest in Memphis real estate and then get out and explore some real cash flow opportunities.

Here is a quick video highlighting the great two days:




Memphis Invest had so much fun hosting the event that they have decided to host 2 more in the next 90 days. The first will be December 9th & 10th. If you would like more details on who should attend one of these special bus tours, visit Memphis Invest Cash Flow Buying Tours.

Thursday, October 22, 2009

Memphis Investment Property buying tour a Huge Hit!

This past week, MemphisInvest.com hosted over 60 real estate investors from around the country for two days of learning about truly passive real estate investing in Memphis, the "Done 4 U" model that Memphis Invest offers it's investor clients and the great city of Memphis itself.

With speakers and coaches traveling in from around the country and clients traveling from as far away as Hawaii, everyone was treated to two days of great seminars, inspirational talks and one fantastic day of traveling the city by bus to view Memphis investment properties.

A few even stayed in Memphis as extra day to visit Graceland!

J.D. Esajian from A&E's "Flip this House" helped focus the gathered real estate investors by giving insight into his companies ideas and criteria when investing in properties for long-term hold. By advising the real estate investors to focus on the basics of sound investing and doing business with a quality company, he was driving home a major theme of Memphis Invest .com. "It's important that investors know how to determine the basics, the numbers that go into a good deal before they purchase an investment property" stated Kent Clothier. "Often times, especially for out-of-area investors, they have to rely on someone else to give them accurate, detailed information and over the last two days we've been able to show these investors who we are as people, as a company and what our vision for the future of Memphis real estate investing is. That goes a long way in earning trust and building credibility that the numbers we present are accurate and investing in Memphis properties with us, is a sound investment strategy".

After two days of reviewing properties and learning about how to invest in Memphis real estate, everyone returned home - some with new investment properties, some without, but everyone returned with a little more knowledge and excited for the future of Memphis real estate investing!