All Forum Posts by: Alex Evans

Memphis is a great city to invest in for all 3 reasons that you are asking about! 

1) Memphis is still one of the highest-ranking cities in terms of cash flow! We are still seeing a majority of properties be cashflow positive from Day 1. 

2) There is no state income tax in Tennessee!!

3) we are very landlord friendly and an eviction only takes about 30 days typically if that were to occur. 

I would be more than happy to discuss Memphis with you! Feel free to reach out! 

Purchasing out of state is a great way to grow your portfolio faster than where you currently live in most cases. A lot of people who live in CA or NY cannot grow their portfolio as fast as someone buying properties between 100-200k in places like Memphis. As long as you do your due diligence and select the right team to help you make the correct investment decisions it is a great strategy! 

Hey Jesus, 

We would be interested feel free to email me! [email protected]

Hey, Jj we are buying in Memphis always! 

Hey @Jason Kim

I would be more than happy to talk with you and help answer any questions that you have! 

Hey @Dock Newell Jr

I hope you are doing well! I am from Memphis originally and would be more than happy to help answer any questions you have about the Memphis area! I can share with you a list of zipcodes that we use to buy in Memphis as well. Feel free to reach out!

Hey @Scott Bowen

I would be more than happy to connect you with a PM team in Memphis. Feel free to shoot me a message! 

I would recommend Scott Saunders at API Exchange 

Hey @Account Closed

Memphis is a great market that you would be able to grow a little bit faster than a lot of other places due to the low starting prices of properties here in the city. Looking out of state and especially here in Memphis Real estate would offer you better returns and the option to grow faster if you wanted. I would be more than happy to discuss this with you if you would like to hop on the phone!

Hey @Alan Phan

It is a great time to purchase if you are not wanting to compete against as many people as you were in 2021 when you bought your primary residency. Now is a great time to look into a market where the COC could be better than where you are from. Looking at Markets such as Memphis where 7-9% COC is still available could be a great opportunity because you also do not need as much upfront capital to make a purchase.

I would be more than happy to discuss Investing out of state with you here in Memphis. Feel free to reach out!