Hello, Ashley! Welcome to the real estate investment family, we are excited to have you. Nashville is an absolutely great spot to begin to branch out. Whether it is for rental plays that cash flow, or flips for healthy margins, Nashville has em all.
I was actually just reading an article talking about the top ten places to flip houses in the country, and Nashville was number one. And that is hard to contest with numbers like:
Median home list price: $367,900
Ratio of flips to all home sales: 4.1%
Average flip profit: $87,200
However, you have to do your research. A good market does not a good investor make. I'm happy to hear you're listening to the podcast, I use it for all of my commutes!
If you decide to branch out of Metro Nashville towards the Franklin/Columbia area let me know. We can meet up and talk shop.
If you are interested at all in Rutherford County, feel free to connect!
@Ashley Storke For financing, talk to the investors that he has been doing flips for and ask about potentially partnering on some deals. They finance, you two manage the project, profit split at the end, something like 80/20 or 70/30 with the larger split to you.
Welcome to Middle Tennessee! I live in Rutherford county. Glad to have you!
Welcome to the forums. I'm quite active in the area.
My wife is an agent. I can help find deals depending on what you are looking for
Welcome @Ashley Storke ! Nashville has an amazing and supportive investor community. I highly recommend joining some of the local meetup groups and attending networking events. 99% of my deals are from word of mouth / networking, so it's power is undeniable. There are also tons of potential partners for your deals. I personally use a good HM lender and then the downpayment / closing costs / operating account comes from several different partners whom I've met through networking events. Feel free to connect!
Like Jana, I moved from Missouri (west of St. Louis) to the Nashville area a little over a year ago. My husband and I are just now getting into RE investing, looking for a good house hack. I also love TN. Would love to connect with others!
@Jana Weaver Welcome to the forums! I'm in the area doing deals. Let me know if you need help with anything/ have any questions.
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