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Updated about 9 years ago on . Most recent reply

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Jonathan Tea
  • Rosemead, CA
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Favorite out-of-state turnkey investment areas?

Jonathan Tea
  • Rosemead, CA
Posted

Hello BP community,

I've been looking for turnkey properties in the mid-west. I'm wondering what areas are your favorites?

I've been looking at Memphis as my first investment property. What are your thoughts?

Thanks!

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James Park
  • Real Estate Broker
  • Johns Creek, GA
664
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James Park
  • Real Estate Broker
  • Johns Creek, GA
Replied

@Jonathan Tea,

Below are some detailed inventory numbers for some popular turn key areas. The lower the inventory %, the demand outpaces supply and apprecation will take place. Cleveland, OH seems to be the softest in terms of inventory and demand. When looking for a turn key property, you want find the sweet spot where you can experience both positive cash flow and appreciation. If you need data for any other states, let me know.

Hope this helps.

Tenneessee



Georgia



Missouri

Indiana

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