Updated over 2 years ago on . Most recent reply
Investing in Nashville and Chattanooga
Hello everyone! I am new to to the real estate realm and super stoked to be here! I was wondering what made investors out there start fixing and flipping houses and rental properties? What inspired you and how did the process work? Are you new to investing in real estate? The process and dedication of investors amazes me! Keep doing what you're doing!
Most Popular Reply
I retired myself from Corporate America by building up cash flow from rental properties - that is what "inspired me" ultimately: getting to financial freedom. Add a son to the mix in the middle of the process a few years ago and that just further stoked the fire. Never flipped a house, always target rentals, mostly around DFW and Houston, over about a decade now, essentially the BRRRR model you read about on the forum here.
I have looked at the Tennessee market. From a rental perspective, Nashville looks overpriced right now, but you are in a perfect market in Chattanooga. I have seen some really interesting rental investments there. If I were you, I would forget Nashville for now and focus on your home town.
Good luck,
Andy