My husband and I are relocating to Memphis soon and were wondering if anyone knows of good areas (where properties will appreciate well) to buy rental properties. Thanks!
@Candace Taylor - Memphis isn't much of an appreciation market. But the hottest areas are midtown and cooper-young (in my opinion). Memphis has a fantastic rental market for cash flows.
You should definitely checkout some of the REI meet ups in the area. Lots of cool folks in the REI world here.
Best of luck!!
Cooper young and midtown are great but it mainly for the yuppie type. Cordova and Bartlett are also great. Good luck
@Elizabeth Wilson Could you message me about REI meet-ups in the area? I would love to start getting connected.
@Candace Taylor - look at the event calendar on the Memphis investor group (MIG) site. Also there is coffee with investors every weds at 7:30am at city and state coffee on broad. We won't be there for the next few weeks but will see you in November!
I will be attending this Weds since I am on Fall Break. I look forward to meeting some of you and joining the conversation.
Hey guys, my wife and I just started getting serious about buy and holds that cash flow. We have a few good ones in Nashville but might be interested in Memphis. Love the city.. Any advice on where to look? Looks like midtown area? Thanks for any input!!
Stay as far east as you can. Midtown and Overton Crossing are both good but parts of downtown are shoot em up bang bang. East is best.