Updated over 6 years ago on . Most recent reply
invest in for buy&hold
Hi Everyone,
My name is Alex, and I am new to real estate investing. Did my research and decided to invest in Memphis, TN.
My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 70-80k (All in) and continue with that tactic after completing the first deal.
Does anyone can provide some tips for me?
Any special or unusual RE rules that I should be aware of, for Memphis, TN ?
What are the best neighborhoods to invest in for buy&hold?
What are the worst areas that I should stay away from ?
I would love to connect with agents and wholesalers that work with investors.
Thank you for your help.
Alex,
Most Popular Reply
Hey @Alexander Antoniok My main tip for you is to build your power team in the area. Your team should consist of a solid realtor, property manager, lender, cpa, etc.
They all should be able to advise you on your questions