All Forum Posts by: Andrew Park

Memphis is a great market still! Having boots on the ground knowledge in the area you are investing in is key to success. Let's connect if you are wanting to learn more. 

Area is definitely a huge factor in Memphis, I basically tell everyone it is street to street. $100k could potentially get you some good stuff here. On the PM side of things we have not seen high vacancy, if anything it is easy to fill a home here in Memphis as long as it is priced right.

There are great options here to choose from! If you are still looking, I may be able to recommend some great people for you.

Michael,

Welcome to BP! Would love to network with you. Having knowledge of the town is always beneficial and would love to tell you all you need to know about the town.

@Nat Chan Regardless if the stereotypes of Memphis, I think it’s a great area to invest in. Yes there are areas that probably aren’t the best however, there are also great areas to get into.

@Bryan Darge I myself have no taken the plunge into multi-family. However, I know a few investors that I have talked to have recently taken that plunge and seem to be going full force into it. Memphis itself is going through a lot of rejuvenation from Downtown, to midtown, and to the majority of the surrounding cities that typically have a bad reputation. All in all, I think it is a great market to dive into. It's a big renter city and I don't think you could go wrong here.

Hi, @Bryan Darge welcome to BP! I came across this post as a newer member myself. Have you ever considered the Memphis, TN market?

@Jerry Johnson Great to have you on here and to also be a native from Memphis!

@Kevin Charles Hi Kevin, east Memphis is a great place to invest. The cooper young area is a great place with Overton park being right there and also just a short drive from the rest of midtown and downtown, the area is definitely a desirable place to live in. I would be happy to give you more information about Memphis if you want to direct message me.

Hi Israel, West Memphis, AR is starting to become a great place to invest in. With Memphis, TN going through a rejuvenation this brings some value across the river. West Memphis itself is starting to show signs of value for the future.