Cash Flow in Memphis v. Appreciation in Nashville

[Steven Gillmer]

I recently moved from Arlington, TN to Nolensville and I am trying to figure out my best strategy going forward. I currently own two properties in Memphis which cash flow very well when I am not having to evict someone. I cannot, however, expect that I will experience much appreciation. I could pony up and purchase something here in the Nashville area that has a higher likelihood of appreciating over time, but will cost me two arms and a leg. The market is so hot right now I am also just a bit nervous about the future. I would also like to implement the BRRRR strategy on m next property and may have a better chance of a higher ARV in Nashville than Memphis.

So, anybody have any thoughts or person experience that could help me focus?

[Luka Milicevic]

Personally, I would never ever bet on appreciation. I just look at cash flow. Appreciation is something you're trying to predict and is a dangerous game (in my humble opinion)

Anyway, let me know if you want to get together and discuss shop.