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Updated over 1 year ago,
Investing in Memphis
Hi everyone,
Im new to out of state investing and did some research to find Memphis has great opportunities. Im open to BRRR and turn key and currently have 24k for a DP. I would love to get a multifamily but I'm open to SFR. That being said this is what I have found through research and recommendations:
Zip-codes:
Best: 38114, 38111, 38107
Up and coming: 38109
Curious about: 38115, 38104, 38105, 38106
I also its a block by block situation.
Rent target:
$1000+
Tenants:
Section 8
I would love to get advice from others as well as trusted contacts on the ground.