Memphis? Memphis. Memphis!
What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I should be shooting for, price points, appreciation and cashflow are expected?
I live in San Diego and my last round of properties I bought back around the 07-08 time frame were in NC, TX and CA. I'm looking for cash flow on this go around.
Any insight would be greatly appreciated.