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Updated almost 8 years ago on . Most recent reply
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Memphis Investing Advice
Hey Everyone.
I am considering starting a rental portfolio in Memphis. I currently have a quite a few units in Colorado (and live in CO) so I would be investing out of state. I would probably be looking to acquire 30-50 units. What kind of returns are you getting or seeing now? I know what I see online but would love input from some of you actually doing it? Also, what would you consider the downside of investing in Memphis?
Would love to get input from those of you with buy and holds or active in Memphis, as well as some recommendations for a good investor agents.
Thanks in advance!
Matt
Most Popular Reply
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You have heard from a few providers in Memphis telling you the good. Well, I will shed some light on the bad. If you own property here, you will likely travel here and eat great food, but food that is really bad for you. Some weight gain may happen. As I turned 40, each time I eat a BBQ sandwich, I have to practically fast for 3 days so that I don't gain weight. The sports scene here will also tear your heart out.
- Alex Craig
- 901-848-9028