Cash Flow in Jackson
In 2007, A job loss transformed Erica Reynolds into a real
estate investor. Now, she’s creating cash flow for others
F
or most people, a job lay
off would be devastating,
but for Erica Reynolds
losing her job was the motiva-
tion she needed to start invest-
ing.
“I hated that someone else
had control of my life and fi-
nances. In addition, I wanted to
create passive income,” she recalls.
Because Reynolds is based in Los Angeles, home of one of
the highest-priced markets in the nation, she decided to invest
in other states
“We live in one of the most expensive markets in the na-
tion, that is why I own rentals long distance.” Reynolds says
the ROI is “way better” in other states. “Cash flow is wonder-
ful and properties are affordable.”
When asked how she did it, she replies: “I got started by
developing a trustworthy team who could be my eyes while
I am far away, working with a great property manager and
“What I love about
Mississippi is the fact
that property taxes
are really low”
Ready to Invest in
Jackson, Mississippi?
We offer Great ROI on Affordable Rental Homes!
Everything in place, Turnkey deals and light fixers.
a man on the ground.” Since then, Reynolds, who describes
herself as a buy-and-hold investor, has been managing her
investments from afar. For her, it has been a profitable move.
“My experience has been great. Property management has
been a big key factor,” she explains.
Reynolds is now going beyond just buying assets for her-
self, she now also helps find properties for others. She has
developed a loyal following and is garnishing a reputation
among real estate groups as a strong proponent of out of state
investing.
Although Reynolds has invested in many markets, includ-
ing Dallas and Indianapolis, currently she is excited about
Jackson, Miss. “It’s an excellent rental market. This market
is very affordable,” she continues. “What I love about Mis-
sissippi is that the property taxes are really low. Jackson is
known as ‘the city of soul.’ The area has experienced steady
growth in the rental market.”
Realty411Guide.com
Ongoing housing projects with big names like Habitat for Hu-
manity, Oprah Winfrey, and Kevin Garnett have made a strong im-
pact in the area. One of the most promising sectors for Jackson is
the automobile industry. In fact, Nissan Motor Company employs
more than 5,300 workers.
Reynolds also likes to invest in areas where there is a commit-
ment to higher learning. “Jackson is home to many top schools
and universities, such as Jackson State University, University of
Mississippi Medical Center, Millsaps College and Belhaven Uni-
versity.
When asked what her personal real estate goals are, she replies
with missing a beat: “To help investors understand the importance
of obtaining cash flow properties at this time.” If ever there was a
time, that time is now, Reynolds explains. “In the words of one of
my favorite mentors, Warren Buffet: ‘Buy when the bears are giv-
ing them away.’”
— by Linda Pliagas
To contact Erica Reynolds, please contact her via email at:
ericaontherise@yahoo.com or phone: 818-478-0737
Why Jackson?
3 Growing Area
3 Low Taxes
3 Great Rental Market
3 Affordable Properties
We offer substantial savings because...
We do not have a huge overhead.
Personal Attention = Superior Results
“ Financing is available with 50% down”
For information, contact:
Sample Deal
Erica Reynolds
818-478-0737
PAGE 48 • 2011
reWEALTHmag.com