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Updated over 7 years ago,
Murfreesboro TN SFH Investment Advice
Hi All!
I am fairly new to BP forums, but have been itching to jump into real estate investing for almost a year now. I am an out of state investor (I live in Hoboken, NJ) and have identified Murphreesboro TN as a target area. (cheap housing, growing population, good schools, low taxes, etc.)
I have been searching various sites and finding a decent amount of SFH 3 br / 2 baths properties (~1200-1500 sqft) in the $150-$180k range.
Wanted to see if anyone had any insights into this area and could answer a few questions:
- Any challenges renting houses in this area? How long are houses typically on the market?
- What is the typical rent that a property like this would demand? $1200/month?
- Any other watch outs that I should consider or areas that I should stay away from?
- Any recommendations on agents or property management companies in this area?
Thank you and look forward to hearing back!
Best,
Adam