Anyone ever invested in Tennessee? (Memphis, Nashville etc)
Hey Guys,
I was just wondering if our community could help me out with a little info....
I am looking at doing some multifamily investing in the future and am researching markets that make financial sense....Has anyone out there ever owned any multifamily properties in say Memphis or Nashville? The numbers pencil out well but I am not sure how the rental market is there and what the future outlook is...Rents are definitely low and people you talk to from there paint a rosy picture, but I want to know from someone who has some hands on experience in the area.....
Insights and comments are appreciated...thanks
Jeff Banky