Rentals - Little Rock, AR

18 Replies

Hi - 

I am new to BP and looking forward to learning a lot from so many intelligent people.  I'm looking to invest in my first rental property in Little Rock, AR and would love to hear some feedback from people in this market.  Originally from Little Rock, AR but currently based in Brooklyn, NY, something turnkey would be ideal.  

Thanks!

Welcome to BP @Aaron Wade LR is a great solid and steady market. i like it. 

there are some areas to watch out from, like south Little Rock and some pockets outside of the I630.

What are you intending to buy there? SF, MFR or Commercial?

Do you have buying criteria?

Hi Aaron. I’m a new investor looking to buy my first property in the LR area as well. I’d love to hear about your experience moving forward buying turnkey as I’m starting to consider that route too. Good luck to you!

Hi Aaron. Welcome to BP! 

I too am interested in LR and will likely go the turnkey route. So, if you're looking into investing turnkey, you should reach out to @Alex Craig . They've been operating in LR for several years now and it's worth a discussion if you want to get started there.

Best of luck to you!

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Thank you all for your replies.  I have heard of Memphis Turnkey and spoke with them a few times.  I will continue to look at the local market. 


@Jennifer Zierlein - What area are you looking at in Little Rock?  Personally, I would like to buy relatively close to St. Vincent and UAMS hospital. 

@Aaron Wade , our name was mentioned by Account Closed does a great job in the LR market and we even called him a couple I years ago before exploring the market to pick his brain a bit on it.

You can definitely find some good feedback on getting started building a turnkey portfolio there and, IMO, there are two good options for you in the LR market.  

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@Aaron Wade I've mainly been concentrating on the Benton/Bryant area so far because that's where I'm most familiar.  I'm just starting to look in Little Rock as well as Hot Springs a little bit.  I will probably avoid anything south of I-630 unless it's close to UALR or Baptist.

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Originally posted by @Aaron Wade :

Hi - 

I am new to BP and looking forward to learning a lot from so many intelligent people.  I'm looking to invest in my first rental property in Little Rock, AR and would love to hear some feedback from people in this market.  Originally from Little Rock, AR but currently based in Brooklyn, NY, something turnkey would be ideal.  

Thanks!

 Welcome to the site Aaron. I am not form AR but just wanted to drop some kudos to you for picking a turnkey market that you have a competitive advantage in. Seems so simple to invest in the market that you have ties to, local connections & most importantly market knowledge of. However I see folks fail to do this all the time. You get tons of folks who move away from a typically turnkey market to live in some big city then they go & invest in some other turnkey market they know nothing about down the road. Always leaves me scratching my head.

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