Memphis Tennesee investing
Thoughts on Memphis Real Estate Investing?
invester from (Calgary, Alberta)
I’ve been doing some research on Memphis as a potential real estate investment market and wanted to get insight from those with experience on the ground.
From what I’ve found, the city has stable economic growth, mainly driven by distribution, healthcare, and now Ford’s BlueOval City project. With a strong rental demand and affordable home prices, Memphis seems like a solid cash-flow market.
That said, my biggest concerns are the crime rate and population growth trends. While certain submarkets show promise, I want to ensure I’m investing in areas with long-term stability.
For those who invest in Memphis, how do you navigate these risks? What areas do you see the best returns in? Would love to hear from investors with boots on the ground!
Most Popular Reply
Hi Steven. I own some rentals in Memphis and it's been pretty good for the most part. Just like any city, there are areas that are good and areas that are not so good. As an economy, I'd say it's pretty well diversified. When you say you are looking for areas with the best returns, are referring to cash flow or appreciation?