New invester from Southern California
Hi everyone. I heard about this website through my loan officer and I'm so glad to stump upon a place where there is so much information. I currently reside in Orange County California. I would like to purchase investment properties with good cash flow and some appreciation. I would like to avoid "bad" areas with high crime and bad schools as much as possible. I have been looking in Memphis and have gotten in contact with some real state investment companies. I have a few questions and appreciate all the help I can get.
1. How is Bartlett and how is the rental market there ?
2. I am interested in a property in Bartlett with a zip code of 38135 going for 149,000 4 bedroom 2 bathroom. Does that sound like a reasonable price and would there be renters that would pay 1500/a month in that area ?
3. Has anyone worked with the company Memphis turnkey properties before?
4. Any recommendations of other great investment areas ?
Thank you in advance