Updated almost 6 years ago on . Most recent reply
Out of state investing in Memphis TN
It seems like a great deal on paper thanks to the Rental Calculator, but since i am in Houston Tx, Could any one that is familiar to the Memphis market let me know the area of Baron street is descent to invest in out of state?
Most Popular Reply
@David Ekpin
Baron St is in the Sherwood Forest area of 38111. This is a solid area to invest in if you buy the house right. I don’t personally own any in this area but I have represented clients in this area. Make sure you trust your source of property. There are pockets of Memphis that you should definitely try to stay out of and limit your risk and exposure. Some OOS investors buy in these areas because the houses look good on a spreadsheet. Always ask your property source how many homes they own personally. That’s the best way to start and vet a property source
Best of luck to you in Memphis and I’m happy to answer any questions you may have about my personal investing in the Memphis market
- Dean Harris
