Low Income Property Investments in Memphis, TN
9 Replies
Jennifer Saylor
from Collierville, Tennessee
posted 6 months ago
Hi guys,
I'm looking to invest in property in the Memphis, TN area. I have about $50k to invest and have been looking at some of the lower cost housing (in the $25-$30k range). I'm hoping to get by with doing minor cosmetic upgrades (max of $20k), although it is difficult to find a property that doesn't need major renovations in that price range. I did find 2 possible houses that would fit my criteria in the Getwell and Orange Mound areas. I'm a little scared to invest in these areas though. I'm worried that I won't be able to sell the property after the work is completed. I think I could rent them out but renters in those areas are going to be very hard on the houses. Does anybody have experience with low-income housing in the Memphis area that is willing to give me some advice?
Thanks,
Jennifer
Caleb Parr
Realtor from Memphis, TN
replied 6 months ago
Hi Jennifer- I am local and work a lot with investors. Happy to help. Feel free to DM me.
John Britt
Property Manager from East Ridge, TN
replied 6 months ago
@Jennifer Saylor I am not local, but Memphis is my hometown. Message me and I can send you some property managers there.
James Martin
Property Management from Memphis, TN
replied 6 months ago
@Jennifer Saylor Hello Jennifer, I actually have a few properties that fit your exact description. I personally invest in the areas you mentioned. If you like I can also share my Memphis Investment Map with you.
John Britt
Property Manager from East Ridge, TN
replied 6 months ago
@James Martin please share it with me.
Sam Monoogian
New to Real Estate from Campbell, CA
replied 6 months ago
@James Martin we would be very interested in your Memphis Investment Map as well if possible as we are considering Memphis but are OOS.
Eva Neikirk
Rental Property Investor from Austin, TX
replied 6 months ago
I’d like a copy of your Memphis Investment Map, too! Can you share!
Julian Perez
Investor from North Port, Fl
replied 5 months ago
I'm also interested in seeing potential rental properties in Memphis. I would prefer MFH properties with minimal repairs or move in ready.
Chatoyer Woodland
replied about 2 months ago
Originally posted by @James Martin :@Jennifer Saylor Hello Jennifer, I actually have a few properties that fit your exact description. I personally invest in the areas you mentioned. If you like I can also share my Memphis Investment Map with you.
Can you please send me your map?
Rei Reid
replied about 2 months ago
@James Martin can you share with me too?