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David Dye
  • Real Estate Investor
  • Torrance, CA
45
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186
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Looking for some help in the Memphis TN Area

David Dye
  • Real Estate Investor
  • Torrance, CA
Posted

Hey guys, 

I was looking at a few SFR properties in the zip codes of 38108, 38105, and 38111. They are all rented for about $700 and are being offered at about $25k each with deferred maintenance/minor rehab. Does anyone know if these are good areas or of this is normal for the area? Any help would be greatly appreciated!

Thanks in advance!
-David

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Derrick Craig
  • Memphis, TN
524
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969
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Derrick Craig
  • Memphis, TN
Replied

@David Dye

If I were you I would make trip out to visit those houses and the areas in person... they are typically not the greatest of zip codes definitely C or D properties but it depends on the street and PM if you will succeed in these tougher areas.

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