Hey @Luke Pierce , welcome! I don't have a lot to contribute regarding Nashville but wanted to say hello to a fellow Penn Stater! Shoot me a message if you want to chat about real estate in general.
If I were investing in middle TN, I'd be looking a lot at Williamson county - in particular, the city of Franklin - I think the potential there is outstanding
@John Knisely , thanks for the welcome! Always good to connect with other Penn Staters. Would love to learn about what you’re up to in the Philly area.
@Michael S. , Franklin’s a great area. Much better schools in Williamson than Davidson county. Are you active in Huntsville? I’ve been eying the market and would love to connect with people down there.
@Luke Pierce - I don't know if I would call myself "active" per se. My business partner and I do this as a side business - if the right opportunity presents itself, we are potentially buyers. I am certain we have less properties than about 80% of the folks on BP, as we both have full time employment in a field not related to real estate. I will tell you Huntsville is tough right now, as the cost per square foot has crossed into ridiculous territory in most of the city area; there are limited opportunities in C/D class properties and locations; but a B/C property in an A/B and even some C areas are in negative cash flow territory right now due to the asking price.
Just saw this post and thought I’d weigh in. Everywhere in Nashville and the surrounding suburbs has big potential right now. The key is to get in before the bubble bursts (which experts are saying should happen around 2020). Everyone that invests in real estate is usually the top dog in another field. The hardest thing for new investors is to “take the plunge.” If you do it in Middle TN, this is the time.
Nashville and Huntsville and both booming. I invest in both, with Huntsville being a lower price point to jump into. Excellent public schools in Madison, AL if you're looking for that benefit.
@Luke Pierce Hey Luke, I'm moving down in a few months, just getting into REI myself.
@Luke Pierce Welcome! Feel free to reach out to me any time. Happy to look at any deals with you or be of assistance in any way that I can.
Hello! @Luke Pierce
Welcome to BP, and congratulations on making the decision to invest in your future via real estate.
I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.
First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:
The second is a post that will help get you focused with your real estate investing goals:
The last one is a post that will help you choose an “investor friendly” real estate agent. There are many agents out there, but it’s important to choose the right one.
I love answering questions if you have any! Good Luck :)
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