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Updated about 1 year ago, 11/09/2023
Knoxville for Beginners?
Hi all,
I live in Santa Monica and am looking to buy my first investment properties before the end of the year. Ultimately, I would love to scale to a large portfolio over 10 years, but to get started, I want a fixer multifamily under $250,000. This is literally impossible in LA, so I am looking out of state and Knoxville continues to pique my interest. Ideally, my first investment property would either be a long-term rental or a mid-term rental for travel nurses/traveling business professionals.
Does anyone know much about beginner investing for Knoxville? What neighborhoods are good vs. what I should avoid? Any other market insights?