Opportunity Zones Chattanooga

[Destiny Mix]

Hi everyone! I’m a new investor in the Chattanooga area. I just learned about opportunity zones, and I’m wondering if I could use them to build my portfolio. However, I’m nervous because these are areas I would typically avoid. Does anyone have experience investing in this area?

[Heidi Rau]

Originally posted by @Destiny Mix:

@Julio Garcia Mainly C/D neighborhoods. The specific locations are listed here:

https://noogatoday.6amcity.com... don’t necessarily have capital gains to shelter at this point, but the potential for tax-free growth in the future is enticing.

 I think that Orchard Knob is in the opportunity zone district. You may not see huge growth this market cycle in particular, but I feel like there is a lot of potential for future growth because the pattern on renovations from Highland Park seems to be trickling that direction.