Investing West of US61 - memphis 38109

Memphis, Tennessee
General Real Estate Investing
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Investing West of US61 - memphis 38109

Pradeep R.
Member since 2024 · 36 posts · 21 votes

Hi Guys,

Are there any concern in investing in real estate west of US-61 in memphis 38109. I am looking to buy turnkey houses in that area but wanted to reach out to you guys to check if there are any concerns on that?

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James Martin
Property Management · Memphis, TN · Member since 2009 · 668 posts · 362 votes
2y

For a lack of better words 38109 is a tricky area. If I was an out of state buyer I would purchase homes over in Coro Lakes or East of Third Street near Shelby Drive and Horn Lake Road. 

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  • Jordan RayBusiness Member
    Real Estate Agent · Memphis, TN · Member since 2023 · 642 posts · 337 votes
    2y
    Quote from @Pradeep R.:

    Hi Guys,

    Are there any concern in investing in real estate west of US-61 in memphis 38109. I am looking to buy turnkey houses in that area but wanted to reach out to you guys to check if there are any concerns on that?


    Are you buying them off-market with a turnkey provider or on the MLS? I personally like west of US-61 and have looked at alot of houses in all pockets of this area. I personally own 1 on Margaret Rd. Let me know if I can help in any way!

    [email protected]662-642-1458
    Jordan Ray - eXp Realty5109 Reviews
    WebsiteView Page
    1Reply
  • Pradeep R.
    OP
    Member since 2024 · 36 posts · 21 votes
    2y

    thank you for the reply. I am buying from a turnkey company. I was listening to a podcast of crestcore company in memphis and they were saying west of 61 is not a good idea to invest.

    1Reply
  • Jordan RayBusiness Member
    Real Estate Agent · Memphis, TN · Member since 2023 · 642 posts · 337 votes
    2y
    Quote from @Pradeep R.:

    thank you for the reply. I am buying from a turnkey company. I was listening to a podcast of crestcore company in memphis and they were saying west of 61 is not a good idea to invest.

     I don't see any issues with that area. 

    [email protected]662-642-1458
    Jordan Ray - eXp Realty5109 Reviews
    WebsiteView Page
    0Reply
  • James Martin
    Property Management · Memphis, TN · Member since 2009 · 668 posts · 362 votes
    2y

    For a lack of better words 38109 is a tricky area. If I was an out of state buyer I would purchase homes over in Coro Lakes or East of Third Street near Shelby Drive and Horn Lake Road. 

    2Reply
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