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Updated over 10 years ago,
Memphis Multifamily Broker Recommendations
I am a new-ish investor (own a single family rental in California that I manage and syndicated a triplex in California that I manage), and want to 1031 out of my California single family, which has skyrocketed in price from when I bought, into a multifamily in Memphis. So far, my research has been limited to doing some basic financial analysis and google viewing the neighborhoods of every multifamily in my price range - up to $750k - on loopnet.
I am hoping to connect with a broker in Memphis who would be willing to show me some of these properties, neighborhoods, etc, so I can get my boots on the ground with someone who knows the area well. Does anyone have any broker recommendations?
Alternatively, I am hoping that if loopnet is a horrible place to search for properties, an experienced investor in the forum will be kind enough to tell me I am walking down the wrong path. Thanks for any and all thoughts!
- Josh