Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

23
Posts
19
Votes
Anthony D'Angelo
  • Real Estate Agent
  • El Cajon, CA
19
Votes |
23
Posts

Out of State Investors Question Here: What do you think of Tennessee?

Anthony D'Angelo
  • Real Estate Agent
  • El Cajon, CA
Posted

Hello All,

California native here, Realtor. Property appreciation here is great, cash flow and landlord laws are horrible. I see all these gurus on social media encouraging out of state Section 8 rentals in places like OH, MO, etc. I've looked into it, but some of these properties are junk and these Gurus selling these courses or "you can use my guys" feels kinda scammy to me and probably make more in course fees than actual cash flow from their 100s of doors they supposedly have. I mean don't get me wrong $75k - $100k a door, cash flowing $500 a month sounds great, but is it really that easy?! I manage properties where I live and one bad month, one eviction, one water heater goes out, you could be upside down on cash flow for months and I am thousands of miles away so I have to trust their "Trusted Property Manager"

Sorry for the long rant, the question I have is what about Tennessee? I've heard nothing but good things about that state regarding rentals. They have nice appreciation, decent cash flow, and friendlier landlord laws. The biggest problem is the cost per door is a lot more than OH, MO, etc. Has anyone on here invested there and can give me some advice, the pros, cons, better cities is TN, etc.? Your help is greatly appreciated.

-Anthony

Loading replies...