This week’s Transformation Tuesday is from Memphis, Tennessee.

You couldn't miss this unique two-story home! With a salmon-red exterior, stone chimney and porch columns, and a front portico, this property was a confluence of features that didn't quite match. Inside, the same crime: dated styles clashed with heavy wood features. With a little bit of TLC, however, this residence is noteworthy for all new reasons!

So you want to learn a little more about cash flow real estate before you take the big plunge. It can be hard to know what to think about all of the information available online about real estate investing and rental properties for sale. What is reliable? What is too good to be true?

Here at Memphis Invest, we are committed to getting you all the information you need and brokering a fair deal. But if you want to do some independent research, then here are a few resources for you to consult.

Mark Anderson, MemphisInvest.com

For all you Memphis real estate investors out there, tell me if you’ve heard this before.  “You make your money when you buy.  You realize it when you sell.”  Heck, I guess it doesn't matter if you are a Memphis investor or where you're located, that advice holds true almost anywhere you are investing.  It’s hard to dispute this sage advice passed down by those who’ve gone before us.  But a lot happens between the time you buy and the time you sell, and most of it involves contractors.  For many beginning investors, finding a good team of contractors is one of the toughest tasks to completing your first deal.  At MemphisInvest.com, some of our own clients came to us because they struggled so much with finding responsible, reliable and reasonable contractors.  Indeed, some of the worst real estate horror stories you will ever hear involve contractors, which is why this is such an important topic.