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Updated about 6 years ago on . Most recent reply

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39
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24
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Andrew Moullin
  • Wholesaler
  • Colorado Springs, CO
24
Votes |
39
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Chattanooga TN ; Jacksonville FL ; Atlanta GA multi family !!!

Andrew Moullin
  • Wholesaler
  • Colorado Springs, CO
Posted

First time investor looking to connect in these 3 areas! Just wanting to hear about things that have worked and things to be careful of in these markets. Would love to meet up sometime! Appreciate you guys in advance.

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1,148
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903
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Brian Levredge
  • Investor
  • Chattanooga, TN
903
Votes |
1,148
Posts
Brian Levredge
  • Investor
  • Chattanooga, TN
Replied

What type of multi family are you looking to buy, 2-4 units or larger?  Chattanooga has become much attractive to out of town investors due in part to the fact that other markets (Nashville, ATL, etc) have gotten much more expensive.  I'd also add that even here in Chatt lots of new inventory has or will come online and that's adding to a supply that continues to expand and that is having trouble with absorption in the first place.  It will create some type of ripple effect in the future.  Smaller multi's are probably a safer bet since there are far more of them and the risk is lower due to easier cost of entry, etc.  

  • Brian Levredge
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