New Available Property – 3609-3611 Barwood Circle
We’ve got another fantastic Memphis investment property available in the High Point Terrace area.  The same caring owner has owned this duplex since 1960’s and both sides are currently rented.  3611 is two bedrooms, one bathroom and is rented at $425 per month until March, 2010.  3609 is one bedroom, one bathroom and is rented at $325 per month.  The lease is month to month.  These rental amounts are well below market rates and the property should support rental income of $1,000 per month. This house is in good condition and is move-in ready.  The property has been well maintained over the years but

City View Vs. Street View
The latest Memphis residential real estate sales report is out with data for the month of October.  As you probably already know by now, Congress extended the $8,000 tax credit until April 30. The expanded bill raises income limits and also introduces a $6,500 tax credit for current homeowners who have been in their homes consecutively for five of the previous eight years.  This, coupled with encouraging sales numbers for the month have many people feeling more optimistic about the direction of the Memphis real estate market.  Though total sales were down slightly from last year, they were up from last month and

New Available Property – 4842 Arsenal Cove
We’ve got another fantastic Memphis investment property available in Raleigh.  The same caring owner has owned this house since 1983 and it is in pristine condition.  This house is move-in ready and needs no rehab unless you want to update  a few light light fixtures and the wall paper in the kitchen and hallway.  Situated at the end of the cove, the well landscaped property features a large backyard and covered patio with a wonderful outdoor kitchen.  The inside features three bedrooms, two bathrooms, living room, den and dining room.  The kitchen appliances are included with the house.  The separate laund

Get Educated
We recently gave a presentation about the Top 10 Questions for New Real Estate Investors.  We’ve taken a few snippets and created some short informational videos.  Check them all out here: http://www.youtube.com/user/LuckyAProperties#play/uploads Here is a sample: