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All Forum Posts by: Dean Harris

Dean Harris has started 334 posts and replied 622 times.

Post: Starting Out in Real Estate Investing

Dean Harris#3 Classifieds ContributorPosted Apr 17 2024, 07:44
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

Welcome, Juan!

I own a few rentals in Southaven myself. Its interesting what the county is doing with the new tax on landlords. Happy to connect and answer any quetions you may have. I also have a large portfolio of long term rentals in Memphis as well in case you are interested in this market. 

I also break down all the investment zip codes ncluding DeSoto COunty, MS in my weekly podcast on Youtube. Happy to share that info as well

Best of luck and talk soon!

Post: New Investor - Looking for BRRRRs (Anywhere in U.S.A)

Dean Harris#3 Classifieds ContributorPosted Apr 10 2024, 10:16
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

Hi @Michael Torku Welcome to BP!

I personally BRRRR'd 16 houses in Memphis last year. Im happy to answer any quetions you may have based on my personal expierences.

Good Luck!

Post: Evaluating a property listed by a turnkey in Memphis

Dean Harris#3 Classifieds ContributorPosted Apr 4 2024, 10:17
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

You are likely paying too much if its a true Turnkey property. Memphis is full of BRRRR opportunites an you can end up with the same product.

Good Luck

Post: Real Estate Categories

Dean Harris#3 Classifieds ContributorPosted Mar 26 2024, 10:43
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

I own sveral rentals in DeSoto County. (Southaven, Olive Branch and Horn Lake). There are some ins and outs of that area you should know about for sure but you can find deals there and the tenant base is way above average in about 90% of the county. 

Im happy to answer any questions you may have based on my personal expeirences 

Post: Looking for a mentor…

Dean Harris#3 Classifieds ContributorPosted Mar 19 2024, 09:20
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

@Nora Lugo

Be careful who you trust to be your "mentor". Especially in Memphis, TN. I would make sure your property source or agent owns a portfolio of rental proeprty. Selling you a product is easy but relating to you based on their personal expierence is not. This will provude you the type of "mentorship" you are looking for. That person will be abe to educate you on all areas of investing in that city. The questions you are asking in your post here should already be answered for you through your property source or agent. Either way, no matter who you work with, make sure they currently own 20-30+ rental proeprties so they can provide true guidence vs selling you a product. 

Good Luck! 

Post: OFF MARKET 9-unit multifamily in Memphis - 8 cap rate

Dean Harris#3 Classifieds ContributorPosted Mar 18 2024, 11:05
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

What is the zip code? I think I have seen this deal floating around

Post: Looking for counties that meet the 1% rule

Dean Harris#3 Classifieds ContributorPosted Mar 14 2024, 14:50
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

@Kathy Diamond

I sourced about 12-13 houses that met the 1% Rule here in Memphis. I am seeing more and more of these as well. Im happy to send you some options

Post: Looking to buy first rental property

Dean Harris#3 Classifieds ContributorPosted Mar 14 2024, 14:47
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

I own a large portfolio here in Memphis. I am happy to share my exoierences with you. We have several reliable optins including the BRRRR & 1% Rule houses. I typically BRRRR!!

Good Luck!

Post: Looking for counties that meet the 1% rule

Dean Harris#3 Classifieds ContributorPosted Mar 12 2024, 07:51
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

I am seeing a good amount of 1% Rule properties in Memphis TN. I sourced 6-7 last week alone. I also just compelted an episode of my podcast titled "Do you know the 1% Rule". This info might be helpful and its free. 

Im happy to answer any quesiotn you have based on my personal expierences. 

Post: New to Memphis investments

Dean Harris#3 Classifieds ContributorPosted Mar 5 2024, 09:19
  • Real Estate Agent
  • Memphis, TN
  • Posts 1,227
  • Votes 1,304

Hi @Natan Lieber

Im a single fmaily proeprty investor in Memphis. I own a large portfolio here in town. I try to stick to the BRRRR strategy for all of my investments but I have purchased many ways. Im happy to share any info I have based on my personal expierences along with my referl network. I talk about "Building Your Team" on my weekly podcast about investing in Memphis. This is must for any new invesotor!

Best of luck!