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Starting Out
HomeForumsStarting OutLooking to buy our first rental
Nathan Hall's profile image
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Nathan Hall
  • Member since Jul 14, 2024
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Nathan Hall's profile image
Nathan Hall's profile image
Nathan Hall
  • Member since Jul 14, 2024
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Nathan Hall
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Starting Out

Looking to buy our first rental

Nathan Hall
Posted Jul 21 2024, 09:02

Good morning, BP!

My Wife and I are looking to purchase our first rental to start building cash-flow (typical story, building generational wealth). We do not have much at all saved up for a down payment and are looking at areas in the south because of the low cost/medium rent. I am wondering if anyone has any insight on which areas of Memphis to avoid and if it has been saturated as looking online it appears there are a TON of rentals up for grabs and wondering if that is due to rental numbers going down or if it is just a larger city that has more supply. Looking forward to connecting and thank you in advance for any advice you can provide!

Also, if you are an investor realtor in the Memphis area please don't hesitate to reach out!

Memphis, Tennessee
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