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Cheapmemphisrealestate.com focuses on finding the best, most inexpensive
investment opportunities in the Memphis, Tennessee metro area. Primarily, we
focus on residential real estate investing, with a more specific focus on 1 – 4
units. We do not deal primarily with commercial or multi – unit properties
(read: more than 4 units), because quite frankly, it is difficult to find
substantial discounts on these types of properties. We primarily find investment
opportunities in 'bread and butter' neighborhoods of Memphis.
Remember it is up to YOU to perform the necessary due diligence to make sure an
investment is right for you.
With that disclaimer being said, let's examine the different type of investment
opportunities available in the Memphis, TN area.
- Single Family Residential (detached) Dwelling:
The standard! This type of property is prevalent in the metro area, Focusing on strong equity positions, great cash flow, and the potential for appreciation, this is the standard investment opportunity that we offer at CheapMemphisRealEstate.com. We like these properties because:
- They are the easiest to (re) finance.
- They are easy to get appraised
- Comparables are plentiful for these types of properties
- Most families who are looking for a rental home tend to prefer single family dwellings, allowing your investment to rent more quickly.
- Duplex:
These properties are extremely rare, and can be difficult to locate in the same price points as single family homes. However, when we are able to offer these opportunities, they RARELY stay on the site for more than a day. We LOVE cheap duplexes, and you should, too. Duplexes give you:
- Double the cash flow
- Half the vacancy rate(when one tenant leaves, you are still 50% occupied)
- Low cost of ownership
- More security due to two families living in the premises.
Duplexes offer great value for your money, and you should consider purchasing some and adding them to your portfolio. Make sure you check our estimated rent range and determine your cash flow. You will be surprised at what little cash cows these can be!
For fastest service
call us now at
901-691-2722
Problems don't just go away, so call today!
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