Little Rock
Little Rock
Little Rock … BIG opportunity. Booming business, creative culture, and a darling downtown!
In 2019, Little Rock, Arkansas, was rated the #1 place to live in the United States (cities under 1,000,000 population) by Klinger Magazine.
And there are plenty of other reasons to love “The Rock” … and plenty of opportunities for lucrative investments.
In 2019, the Little Rock metro area was home to 739,200 people … all living at a cost that ranks six percent below the national average.
The region’s economy has proven its ability to weather national and global economic downturns with great stability … something it can credit in part to its diverse business community.
Major industries in the area include agriculture, aviation, and health care.
The University of Arkansas for Medical Sciences and its partner hospitals employs thousands of residents and stimulates the local economy with BILLIONS of dollars a year.
As Arkansas’ state capital, Little Rock hosts many state government employees and department offices.
Since 2010, the area has been experiencing a tech BOOM, attracting fin-tech entrepreneurs from San Francisco and New York to up-and-coming areas of downtown.
The city is also headquarters to major organizations like Dillard’s, the Clinton Foundation, and AT&T.
The Little Rock cultural scene offers world-class entertainment from the Arkansas Symphony Orchestra, the Arkansas Repertory Theatre, and the Arkansas Art Center.
And for the outdoor enthusiasts … this Southern jewel offers hiking, boating, and camping (oh my!)
Little Rock is a high cash flow market with excellent landlord-tenant law.
Many rental markets are becoming saturated as investors soak up inventory and drive up prices. Investigate Little Rock before the secret gets out and the deals are snatched up!
Dig into the resources below to find big opportunity from this little gem of a market …
Radio Shows
Reports and Articles
Market Field Trips & Property Tours
- Coming Soon!
Boots-on-the-Ground Teams
- MidSouth Home Buyers – Turnkey SFR’s
Clues in The News
- Rex Nelson: The future of fintech – July 31, 2019
- Jobless rate falls in state to 3.5%, lowest on record – July 20, 2019
- Taekwondo expo brings economic boost to capital city – July 12, 2019
- Big business of attracting visitors to downtown Little Rock – July 12, 2019
- Artspace Projects to come to LR – July 11, 2019
- Priority1 to add 50 positions in Little Rock office – July 10, 2019
- Yadaloo music and art festival coming to North Little Rock – July 9, 2019
- Arkansas Business Celebrating Anniversaries: Little Rock Port Authority – 60 Years – July 8, 2019
- Little Rock clinic’s building sells for $34.8M – July 2, 2019
- Rankings hail jobs, economy in Northwest Arkansas – June 10, 2019
- North Little Rock Revival – June 6, 2019
- Trader Joe’s Eyes Little Rock, Arkansas, For New Location – May 23, 2019
- Downtown Little Rock hotel sells for $12.3M – April 28, 2019
- CZ-USA to locate $90 million facility, 565 jobs in Little Rock Port – April 23, 2019
- Little Rock is Named a “Competitive Community” by AEDC – April 17, 2019
- Ex-Kmart site in west Little Rock set for $38M project – March 15, 2019
- Urban farming blooms in the winter in North Little Rock – February 14, 2019
Finding Turnkey Rentals in Positive Cash-Flow Markets
When it comes to positive cash-flow, there are two things more important than your investment property … your market and your team.
Our good friend Terry Kerr at Mid South Home Buyers knows this better than anyone.
Terry and his team have cracked the code for consistent cash-flow from rental homes in one market … and are expanding into another!
We sat down with this world-class investor to find out why, where, and how he is creating positive cash-flows with turnkey rentals.
In this episode of The Real Estate Guys™ show, hear from:
- Your cash-flow crazy host, Robert Helms
- His go-with-the-flow co-host, Russell Gray
- Owner and founder of Mid South Home Buyers, Terry Kerr
- New investor contact at Mid South Home Buyers, Liz Nowlin
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Market, team, and cash-flow
We’re talking about a resilient market that has been a great cash-flow area for YEARS … Memphis, Tennessee.
When we first looked into the Memphis market it was a little blue-collar town and the bankruptcy capital of the United States.
Price points were low … and on paper it looked like cash-flow was solid.
Many investors are suspicious of high cash-flow markets … they often mean high expenses, high turnover, tough demographics, and difficult management.
But when markets get overheated and financing goes away, what really matters is cash-flow.
You can make money in these types of markets … you just need to have the right team.
A team that has … for us … stood head and shoulders above the rest has been Terry Kerr and the experts at Mid South Home Buyers.
Terry and his associate Liz Nowlin run the gold standard investment operation in the Memphis area. They have over 2,500 homes … and a waitlist of eager investors hoping to partner with them.
So, Mid South Home Buyers is expanding into a new market … and they’re here to share what they’ve learned in Memphis … and their predictions for future opportunities.
Creating turnkey investments
Terry is Memphis born and Memphis raised. He started buying and flipping properties … and ended up forming a property management business.
Now, his team at Mid South Home Buyers purchases homes, renovates them, leases them to residents, and sells them to investors.
Terry and his team have some creative approaches to the process.
Homes are outfitted with the same fixtures … saving time and purchasing power.
And they now purchase materials directly from suppliers … basically building their own personal hardware store … opening budgets to more rehab for each property.
Essentially, they’re creating turnkey investments. They find the property, figure out what needs to be done, do it, and find a tenant.
Not to mention that they manage about 2,700 houses in Memphis, too!
It’s all about becoming more efficient … and efficiency leads to cash-flow.
The biggest … and really only … complaint we hear from investors is that Terry and his team only operate in Memphis … but now they’re delving into another market.
They’re moving to … Little Rock!
Making the move to Little Rock
We’ve had our eyes on Little Rock for a while now. It’s definitely a market on the move.
Little Rock is about two hours away from Memphis … and it’s a greater population that covers a greater area.
The Little Rock properties will look just like those in Memphis … the same renovation materials, same fantastic price-to-rent ratios, and the same long warranties and occupancy guarantees.
“We’re going to be doing the same top of the line rehab with slightly under market rents to give us the best occupancy rate. Right now in Memphis, we’re at 99.4 percent occupancy,” Terry says.
But in any venture … it’s important to expand to meet investor demand without compromising quality.
“It took us several years to make the jump to Little Rock, because we wanted to make sure that our systems and foundations were built correctly,” Terry says.
If the rehab is high quality … then the resident is happy. When the property doesn’t break down for the owner … then the owner’s happy … and they buy more properties!
Since Little Rock is so close to Memphis … Mid South Home Buyers can keep central command in the same location.
Arkansas has excellent tenant-landlord law and tons of houses in the “goldilocks construction style” … not too big, not too small.
“We’ve got a lot of beautiful brick houses between 1,000 and 1,500 square feet, three bedroom, two bath, ranch-style homes built on a slab. It’s a good, low-maintenance construction style,” Liz says.
And the really great thing? All of these Little Rock properties will be offered straight down the waitlist … music to investors’ ears!
Advantages of a turnkey operation
There are several advantages to considering a turnkey operation … one where everything is done for you.
First, you have a quality renovation every time.
When you work with a company like Mid South, which holds every renovation to an identical standard, you know what you’re getting.
Mid South homes have a brand new 30-year roof, new water heater, new furnace, new air condenser, and everything from door knob handles to ceiling fans with bumper to bumper one-year warranties.
Second, it’s easier to keep accountability in one place.
Since Mid South is there from start to finish, they can offer you a lifetime occupancy guarantee … if your property is vacant for more than 90 days, they start paying you rent on day 91.
“And we’re proud to say we’ve never spent a penny on that. because our properties don’t stay vacant that long,” Liz says.
Third, you can see what you’re getting … in every phase of the process … before you invest.
When Mid South clients take advantage of viewing the inventory in person before buying … it pushes their confidence through the roof.
“I give potential investors a tour of our offices and show them houses in four stages of renovation, so they walk away with a great understanding of our business model,” Liz says.
And, they get a taste of some world class barbecue … it is Memphis after all.
Whether it’s your first investment or your 400th … turnkey rentals could be the positive cash-flow solution you’re looking for.
Listen in to the full episode to learn more!
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Little Rock Market Report
Little Rock Market Report
“The Rock” is rocking … booming business, creative culture, and a darling downtown!
Little Rock, Arkansas, was recently rated the #1 place to live in the United States (cities under 1,000,000 population) by Klinger Magazine.
There are SO many reasons to love this Southern jewel … an exceptional economy, diverse culture, and low cost of living, to name a few.
Little Rock’s economy has proven its ability to weather national and global economic downturns with great stability.
The city is headquarters to major organizations like Dillard’s, the Clinton Foundation, and AT&T.
It also offers investors the opportunity to invest in a high cash flow market with excellent landlord-tenant laws.
In this special report, learn more reasons why Little Rock is a market to pay attention to …
✓ Diverse business community
✓ A growing tech industry
✓ Low unemployment
✓ And more!
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