I am located in Nashville, TN and looking to start my career in real estate. I am planning to House Hack for my first investment, however, I need some advice on where to buy. The Nashville Market is relatively expensive, and I am having a tough time deciding where I want to target geographically. I have been looking in areas that will potentially appreciate in the future, but any insight on this subject is very much appreciated. I have been pre-approved for $300K.
Real Estate Agent · Member since 2019 · 167 posts · 72 votes
6y
@Matt Jones I house hacked my first investment in Louisville, KY and then subsequently did it as well here in Nashville. @Luka Milicevic's suggestions are all correct and great advice, I would also look in Donelson and Hermitage, even parts of Hendersonville/ Gallatin. Bordeaux and North Nashville still have plenty of opportunity left. Also I would check out Antioch and pockets within that as well. I was just sitting down with an investor moving from Atlanta and went over different areas and neighborhoods and development. Shoot me a DM and would love to go over any other questions or information I can assist you
Look at the surrounding areas and not Nashville proper. You will get more house for your money. If you are looking to get a house for 300k you can easily get a 3 bedroom in places like Madison, Bellevue, Mboro, Smyrna, La vergne.
You can house hack a single fam too. Doesn't need to be a duplex. House hacking is the easiest way to get started in my opinion.
Real Estate Agent · Member since 2019 · 167 posts · 72 votes
6y
@Matt Jones I house hacked my first investment in Louisville, KY and then subsequently did it as well here in Nashville. @Luka Milicevic's suggestions are all correct and great advice, I would also look in Donelson and Hermitage, even parts of Hendersonville/ Gallatin. Bordeaux and North Nashville still have plenty of opportunity left. Also I would check out Antioch and pockets within that as well. I was just sitting down with an investor moving from Atlanta and went over different areas and neighborhoods and development. Shoot me a DM and would love to go over any other questions or information I can assist you
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