Whether you are highly experienced, a newcomer, local, national, or an international real estate investor, you owe it to yourself to consider turn key rental homes in the Memphis area. Successfully investing in turn key homes means investing where people want to live. That makes the selection of high-density population locations the place to be. Memphis and its suburbs have the combination of qualified and desirable tenants along with very affordable turn key homes.
Avoid rural areas for rental investments because of the low number of potential tenants. In the suburbs, your best pick for turn key homes is close to public transportation, convenient shopping, and in good school districts. In the most densely populated areas, you want to focus on renting to up and coming professionals that prefer entertainment, dining, and shopping amenities that are within walking distance. The more amenities you offer potential renters, the more rent you'll collect, and your rental will stay occupied providing you a solid return on your investment.
There are several organizations offering services to find the best, easiest to manage, and profitable investment properties. While Memphis is an outstanding rental market, it also offers dependable returns for flipping houses, private financing, and other investment options. Some businesses offer services and education for those wanting to do it themselves while others are full turn key services including property management.
Memphis Investors Group (MIG) is without a doubt the premier group when it comes to education and networking for investors and property owners in the Memphis Metro area. Here are but a few of the benefits you'll receive:
Memphis Invest truly pioneered the turnkey investing process. This team handles every aspect of the investment, from acquisition to property management. All you have to do is connect with a portfolio advisor, share your investment goals, choose your property, and close your investment. Their keys to your success are property acquisition, property renovation as required, property management, and client relations.
Rent To Reward is especially attractive because it walks with investors every step of the way (from local to international) - from finding the right home with tailored financing to walking you right up to the front door of your first property. What you can expect includes:
Buy Memphis Now is a full service real estate investment firm located in Memphis with a turn key real estate investment system designed with the out of state or out of country investor in mind. The concept is very simple. They purchase the property, make the repairs, and then put a tenant in place. Most of the homes will have a tenant in place or lined up to move in by the time you close on the property. No need to worry about maintenance or repairs. All of that is handled for you.
If you’re looking for a low risk, low management real estate investment, Memphis turn key rentals may be for you.
Please comment with your thoughts about the Memphis turn key rental market. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. Please email your questions, inquiries, or article ideas to [email protected].