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Updated over 4 years ago on . Most recent reply

User Stats

11
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6
Votes
Alex Prescott
  • Springfield MO
6
Votes |
11
Posts

Memphis or Nashville for investing?

Alex Prescott
  • Springfield MO
Posted

Hi, I'm a newbie aspiring investor and will be moving to Nashville or Memphis, TN to begin my career as a real estate investor in early January.  I will be investing as a flipper/buy/hold investor in single and mutli-family units to start with.  I was wondering if anybody had any thoughts on which market was better.  From what I'm seeing in regards to population growth, unemployment rate, and median housing prices it looks like Nashville would be the more lucrative market.  I was wondering if the investor market in Memphis might be better due to the number of run down houses and neighborhoods.  Anyone have any thoughts here?

Also would like to introduce myself to the community. I am so excited to start my REI career. I have read several books, listened to dozens of hours of BP podcasts, and watched hour upon hours of YouTube videos and am so ready to begin my new career and chart my path to financial freedom. Thanks so much to everyone in this community.

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