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Updated about 5 years ago on . Most recent reply

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Tuan Tran
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14
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Researching market Memphis vs Indianapolis

Tuan Tran
Posted

I'm currently evaluating cities to for buy and hold opportunities.  I understand that real estate is local; however, some cities may be more appealing than others.  That said, I've currently narrowed my list down to Memphis and Indy. 

In lieu of the current economic volatility and softening of the real estate market.  What is your experience with these two cities, +/- with each city given the economic uncertainties.

Best regards,

tt

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Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
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Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
Replied

@Tuan Tran Both are good cash flow markets but I like Indianapolis. The economic and demographic trends are better. Indy has good population and job growth whereas Memphis is fairly stagnant. Below are a couple of charts that show that.

  • Mike D'Arrigo
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