Investing in Tennessee
Good morning and happy May!!!
First, let me introduce myself! My name is Ashley Gill. Recently, I transitioned towards investment real estate after being in mid-rise property management for eight years. While I loved my time there, I knew I wanted to get into investment real estate in some realm!
I have questions for everyone investing, particularly in the middle Tennessee market. What strategies are you using? How are you finding deals? What areas are you investing in? Do those areas have the most profit margin, or are you maybe taking a cut and investing in an area due to convenience factors? When purchasing future deals, what are you looking for?
Although I am a Nashville native and probably biased (lol), I would love to hear about everyone’s deals happening anywhere in Tennessee!
Most Popular Reply
Hey @Ashley Gill! Nashville/middle TN is hard right now... Though I live in Nashville, I've been pursuing deals out in the smokies and doing short-term rental. I've toyed around with the idea of doing a value-add/BRRRR boutique hotel and doing STR for that, but the numbers just don't make sense in Nashville/middle TN (right now). The properties out in the smokies are pricy, but the numbers work if you're able to get the financing!