Investor · Los Angeles · Member since 2022 · 107 posts · 48 votes
We're interested in looking at Knoxville, TN for a BRRRR/value add of either an SFR or Multi, wondering if anyone has any insight on the market? Would be looking to MTR/STR.
Also if anyone can recommend a good investor friendly agent there?
Lender · Springfield, MO · Member since 2023 · 652 posts · 314 votes
2y
Hey Travis,
So you might run into some issues further down the 'RRRR' train on this as underwriting income on MTR/STR has become trickier over the last couple of years. If the deal works, it works, but I would definitely be cautious as the property types can play a role in that as well.
Do you have a contractor ready to go over there as well?