Looking for an investment opportunity in Memphis, TN, esp. Germantown.

Anh-hoa
Agent
Lake Elsinore, CA

My name is Ann, from southern California. Please help me to locate a RE broker who has great experience working with out of state investor.

Answers (6)
Ken Lee & Mary...
Agent
Oakland, CA

Hello Anh-hoa,

My name is Mary Burns and I work with my husband, Ken Lee at Alain Pinel Realtors in Oakland, CA. We have owned multiple investment properties in Memphis and would be happy to recommend an excellent Realtor to you. Feel free to email me and I'll forward you their information.

Best,
Mary

Sun Oct 18 2009, 12:12
Kesha Hamilton
Real Estate Pro
Memphis, TN

Hi Ann, are you still looking to invest in Memphis?

Sun Oct 18 2009, 12:00
Patti Masterson
Agent
38017

I have 15+ years experience and live within 10 miles of the Germantown Area. I have a ton of references but one in particular that you might be interested in from a man who moved her from Northern California. He lived her about 8 years then moved to Pennsylvania due to job transfer. He can share a story with you as to why it's important to work with a Realtor who knows the markets. To people coming from California pretty much everything we have will look like a "deal" because you can buy so much more here square footage wise for your money compared to California. That isn't the reality of it though. You must know the markets and have a professional person on your side. Call me if your interested in knowing more and I will share the story with you.

Thu Jul 10 2008, 11:09
Don Debaer & Co...
Agent
Memphis, TN

Hello Anh-hoa
I am currently working with three investors; two in California and one in New York. All three own a minimum of 5 houses here and one owns 42 houses here in the Memphis area. If I can be of service to you in finding investment property, please feel free to contact me through our web site http://www.Bluffcityrealestate.com .
Don DeBaer

Wed Jul 2 2008, 11:48
Neal Masters
Agent
38053

It is amazing how many California buyers are starting to learn that if they buy in the Memphis area, they can buy 4-5 homes for the price they would spend on just one in California. It seems that ever Australia has found out about the value of homes here in TN. I am extremely confortable dealing with some one from another state as I am with someone right here in the imediate area. I can send you a list of homes, depending on what your requests are, I can then preview the ones that look interesting to you and send you additional photos of the selected properties. If you so desire I can have a home inspector do an inspection and send you the results. If you would like tocontact me, I can be reached at NealMasters1@aol.com or thru my web page. I also have additional information on my web page, including the names of Mortgage companies in this area. I'm sure they would be much more comfortable loaning money on property that is in the same city, and not many states away.

Sat Jun 21 2008, 17:06
Jo Shaner
Agent
Memphis, TN
FIRST ANSWER

Hello Ann,

I work as a team and have for over 10 years. Several years ago one of my team members who is strickly a buyers agent started working with out of state investors. Most were from California. She understands exactly the ROI, cash flow, investment financing, guidelines, and property management that you will need in place to be an out of state owner. Her name is Stephanie Steele and she has put together approx 150 of these types of deals. Her direct office number is 901-261-7917. Give her a call and she can help you out with all the details.

Best of luck,

Jo Shaner

Sat Jun 21 2008, 12:49

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