In this episode of Path of Progress, Alex Kononov sits down with turnkey legend Terry Kerr — the founder behind Mid-South Homebuyers and Mid-South Best Rentals. Terry started with nothing but a borrowed toolbox and a Honda Civic, and built one of the most respected vertically integrated operations in the country.Today, his team has:

🏠 Renovated & sold over 5,800 homes

🏢 Manages nearly 6,000 rental units

👷‍♂️ Runs 12 departments, a full warehouse, and 200 subcontractors

🔧 And operates one of the most efficient hardware + construction supply systems in real estate

This episode is a masterclass on operations, scaling, management, team-building, and long-term vision. Terry breaks down how he vertically integrated flipping, management, maintenance, construction, materials, labor, and culture into one powerhouse ecosystem across Memphis & Little Rock.Whether you're a beginner, a landlord, a flipper, or thinking about scaling into serious real estate operations — this episode gives you a blueprint you won't find anywhere else.📌 Key Takeaways

✅ How Terry scaled from 1 rehab → 5,800+ managed units

✅ Why Memphis & Little Rock became ideal cash-flow markets

✅ How vertical integration exploded efficiency & profits

✅ The warehouse system that eliminated drive-time & delays

✅ Why hitting singles builds long-term empires

✅ How to keep residents for 4+ years (double the city average)

✅ The real reason property management makes or breaks deals

✅ How to forecast labor, materials & capital at scale

✅ How to hire, delegate, and create true ownership culture

✅ The secret to keeping turnover low and resident satisfaction high

✅ Why every vendor must feel: “I would do that deal again.”

✅ How Mid-South built 12 departments and 45,000 sq ft of supply chain

✅ The mindset shift that took Terry from burnout → systems📚 Book Recommendation– The Science of Getting Rich by Wallace Wattles

🌐 Connect with Terry Kerr

🏠 Website → https://midsouthhomebuyers.com/

💼 Facebook → https://www.facebook.com/people/Mid-South-Homebuyers-Inc/100057060956060/

📺 YouTube → https://www.youtube.com/@Rehab2Riches

🎧 Listen & Watch the Full Episode

📺 YouTube → https://youtu.be/LVl9Ibjuv6k

🎧 Spotify

🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599🙌 Stay Connected📲 Follow us:

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