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User Stats

27
Posts
18
Votes
Pradeep Roy
18
Votes |
27
Posts

Investing West of US61 - memphis 38109

Pradeep Roy
Posted

Hi Guys,

Are there any concern in investing in real estate west of US-61 in memphis 38109. I am looking to buy turnkey houses in that area but wanted to reach out to you guys to check if there are any concerns on that?

User Stats

251
Posts
124
Votes
Jordan Ray
Agent
Pro Member
  • Real Estate Agent
  • Memphis, TN
124
Votes |
251
Posts
Jordan Ray
Agent
Pro Member
  • Real Estate Agent
  • Memphis, TN
Replied
Quote from @Pradeep Roy:

Hi Guys,

Are there any concern in investing in real estate west of US-61 in memphis 38109. I am looking to buy turnkey houses in that area but wanted to reach out to you guys to check if there are any concerns on that?


Are you buying them off-market with a turnkey provider or on the MLS? I personally like west of US-61 and have looked at alot of houses in all pockets of this area. I personally own 1 on Margaret Rd. Let me know if I can help in any way!

Jordan Ray - eXp Realty Logo

User Stats

27
Posts
18
Votes
Pradeep Roy
18
Votes |
27
Posts
Pradeep Roy
Replied

thank you for the reply. I am buying from a turnkey company. I was listening to a podcast of crestcore company in memphis and they were saying west of 61 is not a good idea to invest.

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User Stats

251
Posts
124
Votes
Jordan Ray
Agent
Pro Member
  • Real Estate Agent
  • Memphis, TN
124
Votes |
251
Posts
Jordan Ray
Agent
Pro Member
  • Real Estate Agent
  • Memphis, TN
Replied
Quote from @Pradeep Roy:

thank you for the reply. I am buying from a turnkey company. I was listening to a podcast of crestcore company in memphis and they were saying west of 61 is not a good idea to invest.

 I don't see any issues with that area. 

Jordan Ray - eXp Realty Logo

User Stats

667
Posts
360
Votes
James Martin
Property Manager
Agent
  • Property Management
  • Memphis, TN
360
Votes |
667
Posts
James Martin
Property Manager
Agent
  • Property Management
  • Memphis, TN
Replied

For a lack of better words 38109 is a tricky area. If I was an out of state buyer I would purchase homes over in Coro Lakes or East of Third Street near Shelby Drive and Horn Lake Road.