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Updated over 3 years ago on . Most recent reply

User Stats

37
Posts
18
Votes
Shira Albert
  • Investor
  • Spokane, WA
18
Votes |
37
Posts

Investors in Memphis TN??

Shira Albert
  • Investor
  • Spokane, WA
Posted

Hello All!!

I recently watched a bigger pocket video on cashflow unicorn areas. this is my main goal because I want to leave my 9-5 and invest full time. many of the areas that were mentioned have very high crime rates over the last 10 years. memphis TN is one area I would be very willing to invest in but after checking city Data I am a bit Leary. anyone have experience investing in memphis and what are things to watch out for. definitely trying to avoid areas where maintenance, pest eradication, eviction or tenant damage eats away at all cashflow. Any thought??

Most Popular Reply

User Stats

164
Posts
107
Votes
Mike Mosee
  • Investor
  • Eagle Point, OR
107
Votes |
164
Posts
Mike Mosee
  • Investor
  • Eagle Point, OR
Replied

Hi Shira

We've been investing in Memphis successfully since 2011 in both sfrs, duplexes, small apartments, but you MUST have people you can trust there to pick the right areas &  good property management or it will go wrong.   Mid South Home Rentals, Chris Peak, is who we use.

Good luck,

Mike

  • Mike Mosee
  • Loading replies...