BRRRR and Flips

Most Popular Reply

Arman AhmedPro Member
Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 952 votes
2w
Quote from @Mason Gilbert:

Investors with experience in the BRRRR method and fix and flips, what are the best spots in Middle Tennessee to invest in right now? I know Murfreesboro is very desirable right now but outside of that, where are you looking to buy?

Murfreesboro definitely gets a lot of attention, but I’d also look at some of the smaller surrounding markets where the entry price leaves more room for the rehab and refinance. I’d compare the numbers deal by deal rather than just chasing the hottest area. And if you’re open to out-of-state, the Midwest is worth looking at too, where the lower basis can make BRRRRs easier to pencil.

See this reply in the discussion

4 Replies

Jump to latestLatest
  • Rental Property Investor · Dubai, United Arab Emirates · Member since 2026 · 21 posts · 0 votes
    2w

    "Mason, finding the next 'Murfreesboro' is always the ultimate challenge for BRRRR and fix-and-flip investors. Once an area becomes desirable, margins compress quickly.

    As a Dubai-based investor with a background in Real Estate, E-commerce, and Crypto, I approach BRRRR differently. While the US market in Middle Tennessee is competitive, many global investors are looking at international diversification to hedge against domestic market saturation. For those exploring this route, Dubai offers a unique contrast—0% personal income tax, no capital gains tax, and consistently strong rental yields of 6-8%+, which fundamentally changes the BRRRR math.

    For your local Tennessee search, I'd recommend looking at emerging suburbs with strong infrastructure spending and good school districts just outside the main metro areas.

    I'd love to connect with you and other BRRRR investors here to exchange insights on cross-border opportunities. Good luck with your search in Middle Tennessee!"

  • Lender · Metro Detroit · Member since 2024 · 22 posts · 7 votes
    2w

    I’m not personally investing in Middle Tennessee, but I work with some investors in Tennessee on past deals. On the financing side, I can help with DSCR loans, Fix & Flip financing, or even a regular investment purchase, and we’re typically able to make the process a lot less of a headache than going through a traditional bank. If you find something that looks promising, feel free to send it my way and I’m happy to take a look at the numbers and see what we can do.

  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 952 votes
    2w
    Quote from @Mason Gilbert:

    Investors with experience in the BRRRR method and fix and flips, what are the best spots in Middle Tennessee to invest in right now? I know Murfreesboro is very desirable right now but outside of that, where are you looking to buy?

    Murfreesboro definitely gets a lot of attention, but I’d also look at some of the smaller surrounding markets where the entry price leaves more room for the rehab and refinance. I’d compare the numbers deal by deal rather than just chasing the hottest area. And if you’re open to out-of-state, the Midwest is worth looking at too, where the lower basis can make BRRRRs easier to pencil.

  • Real Estate Agent · TN · Member since 2022 · 6 posts · 3 votes
    1w

    Murfreesboro is great, but you're competing with everyone who read the same thread. Outside of it, I'd look north of Nashville. I live in Sumner County and have been underwriting deals for investors for almost 10 years, so here's where I'd be looking:

    Gallatin, especially the older housing stock around downtown. There's real rehab inventory there and buyers keep moving out from Hendersonville, which helps your exit on a flip.

    Springfield and the rest of Robertson County. Lower entry prices and lots of dated homes, so it suits BRRRR well. Just underwrite the rent conservatively.

    Portland and White House, up the I-65 corridor toward Kentucky. Growth is moving that direction and prices haven't caught up yet.

    One warning from the underwriting side: in the more rural parts of Middle TN, BRRRR deals usually fall apart at the refi, not the rehab. Sold comps can be thin, and the appraisal comes back short of the ARV you planned around. Before you get excited about a purchase price, pull sold comps within about a half mile from the last 6 months. If you can't find three, assume the refi won't hit your number.

    Also watch for crawlspace moisture and old electrical in the pre-1980 homes out here. Those are the two line items I see blow up flip budgets most often.

    Happy to run numbers on anything you're looking at in Sumner or Robertson.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.