Out of State Investing - Georgia, Alabama, Tennessee?
Hello:
Searching the market and looking for an opportunity in Georgia, Alabama or Tennessee. My and my partners are looking for multi-family deal that produces great cash flow, recession proof. Downpayment of around $305K. There are several requisitions since one of the partners need to do 1031 exchange so timing is tight. If someone can advise which areas to look for (sub-markets) in those states and why (something that my market research has not shown me but you potentially know the area best), please let me know. I would love to speak with you as well if your time permits!
We are also considering Section 8.
Thank you for your time, BP community!
Tanya.
@Tanya Ansari, I can offer some suggestions for cash flowing markets. Please PM so I can link you up with the right organizations.
@Tanya Ansari
I can offer suggestions in east TN. There are multi family properties that pop up here frequently. Especially off shoot areas not always thought of but quality rentals
@Tanya Ansari to get any meaningful advice, you really need to narrow your options down to metropolitan areas rather than states.
@Tanya Ansari
@Adrienne Green might be able to help you out!
East Tennessee is an excellent choice, anything in Maryville, Alcoa, Oakridge, "West" Knoxville, Louisville, would be a great choice. Theres not a ton of multifamily on market here because the areas are desirable and the demand is so high. Hope this helps, - William
-
Contractor CA (#992787)
- Williams West Property, LLC
