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Updated about 8 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Andy Bailey
  • Kingsport, TN
1
Votes |
20
Posts

Investing in my family's future!

Andy Bailey
  • Kingsport, TN
Posted

Hello Bigger Pockets community!

I become ever more excited as I read and listen to success stories in this investing market of real estate. I'm excited at the opportunity to invest in my family's future! However, taking the first step seems a bit overwhelming. 

I'm looking to get some great advice as a beginner but more specifically, advice for the area I live. 

I am located in East Tennessee and there does not appear to be mass areas of properties up for grabs, so I understand that searching and selecting must be creative.

I would enjoy touching base with someone in this same area to gain some valuable insight!!!

Most Popular Reply

User Stats

44
Posts
16
Votes
Chad P.
  • Rental Property Investor
  • Cleveland, TN
16
Votes |
44
Posts
Chad P.
  • Rental Property Investor
  • Cleveland, TN
Replied

Hello Andy! I'm from Middle TN.  Our rental market is booming over here because of lack of new construction and Nashville's growth.  Seems high prices in Nashville drive people out to Dickson, etc.  Dickson prices then go up forcing people our way for cheaper rents. Mobile homes for me have been cash cows. They won't appreciate like a house but $300-$400/month cash flow is good enough for me.  Good luck!  Watch for USDA resales and Hud foreclosures.

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