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All Forum Posts by: Lori Colwick

Lori Colwick has started 1 posts and replied 3 times.

Post: Getting Frustrated in TN

Lori ColwickPosted
  • Posts 3
  • Votes 4

@Allie McAlister knoxville or Chattanooga, but am willing to look anywhere in TN, possibly KY

Post: Getting Frustrated in TN

Lori ColwickPosted
  • Posts 3
  • Votes 4

Knoxville or Chattanooga, but will to look anywhere in TN really!

Post: Getting Frustrated in TN

Lori ColwickPosted
  • Posts 3
  • Votes 4

Hey guys!! Need some encouragement from some seasoned investors!! We are wanting to get started with a long term rental but I cannot get a deal to cash flow and the rents in my area are really taking a nose dive. I think our area is saturated with new apartments and houses up for rent just sit for a 90 days + and you have to keep lowering the rents to even get a renter. I am about to throw in the towel. I want to stay within 3 hours of my home town which is Knoxville as I want to manage it myself and be able to lay eyes on the property regularly. Any advice or is TN just not a good market right now? Thanks in advance!!