Memphis for investment

[Dimple Gajra]

Hi,

I am new to real estate and would like to know about investment deals in Memphis. Is it a good place to invest in Single Families Rentals? 

What is the job market there? Is it booming? Are houses appreciating in that area? 

What is the average price of 4B 2b SFR in Memphis for a new build?

I appreciate the help. 

I am looking at this area since its fits my budget of investment. 

Thank you.

[Sam Wilson]

@Dimple Gajra -  

Are you wanting to do turnkey or on your own? If turnkey, there are many great, reputable companies who will happily answer your questions. You can also research them in the forums. If you are going out on your own, I highly recommend finding a couple of investment-knowledgeable real estate investors who can help you navigate the Memphis market and better answer your questions.

Then come visit as soon as you can so you can see the neighborhoods for yourself.

The Memphis market has been great for rentals for us and others, but the same can be said of many cities our size/growth.