Why Meridian for Investment Properties?
Transparency = Meridian Pacific Properties offers meticulous due diligence on our properties, our investment markets, and our partner service providers. This extensive research has created a model that offers conservative & obtainable results transparent to our clients.
Integrity = We value integrity as a core value. We ensure that integrity is a part of all transactions from our business practices to our investment advice, and our recommended renovators and property managers.
Premium Product = Hands down, our investment properties are the highest quality premium turnkey investments available in our market.
The Meridian Investment Plan
The Meridian Investment Plan is a portfolio based on Meridian’s $90K-$140K targeted property price range. This range is considered the “Sweet Spot” within the Memphis, TN market.
Meridian finds the strongest and most predictable investment returns in this range. The returns in these targeted markets are directly associated with the quality of tenants, desirability of properties, location excellence. Combining these four strategies allows an investor to capitalize on each market segement's benefits while leveraging the portfolio’s risks associated with vacancy, maintenance, market fluctuations, and liquidity.
Cash Flow Play :
Cash flow play properties are found in the lower price points ($90K-105K). These properties are often the strongest cash flow portfolio opportunities. They present the highest rent ratios within the Meridian price point. These are great lower priced/higher returning properties to balance higher price point properties (which will likely have lower cash on cash returns).
Anchor Play:
Anchor plays represent Meridian's “bread and butter” property. These properties are often a great entry point for an investment portfolio. Anchor properties are typically newer vintage, well-constructed, median priced properties ($105K-$125K). These assets are positioned in more stable neighborhoods with solid cash on cash returns and, if needed, ease of liquidity. This property type helps anchor the portfolio’s risk profile.
Equity Play:
These opportunities are in the upper range of Meridian's “Sweet Spot” ($125K-$140K). These neighborhoods have the strongest future growth and appreciation potential. In contrast to cash flow plays, equity plays in the upper end of the "Sweet Spot" have lower ratios of rents related to home pricing. While these opportunities may contribute less to a portfolio’s monthly cash flow, they compensate for those returns with strong future equity potential.
Quality Play:
This strategy is primarily location based. Meridian has done extensive research on Memphis submarkets and idenififed high quality, well-established neighborhoods with unique fundamentals. Properties in these neighborhoods are often older vintage, but historically hold value. Quality plays are always located in well established neighborhoods with the strongest tenant demographics, the best school districts, and most stable neighborhood markets.
E-Book: finding income property in the sweet spot. Meridian Pacific Properties
Investment Property Central Blog Spotlight
How can Baby Boomers increase passive income for retirement?
This Week's Question
The simple answer - because the numbers work. When we studied over 366 metropolitan statistical areas for the best investment property criteria, Memphis came out as a top performer in a variety of key areas.