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Updated over 5 years ago on . Most recent reply
Walkout Basement/Garage Apartment Nashville TN
I am actively searching for a deal here in Nashville. I'm throwing the idea of turning a walkout basement/garage into a loft style studio or 1 bed 1 bath. (Get rid of the garage doors, add wood flooring, kitchenette, etc.) then rent it or AirBnB it around the CMA fest to my wife. I am looking into the possibility of it but I'm not sure where I can find the legality of this type of conversion. Everywhere I'm googling and searching I'm not getting very straight forward answers. If there are any investors in Nashville that have toyed around or followed through with this same idea I would love to hear what you experienced and about where you found your information. Thanks in advance, Elijah.
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
@Elijah Radford Nashville is one of the hottest markets in the world. There are of course exceptions to this rule, but cash flow and Nashville do not mix. I’ve got 19 doors and gross over 200k per year with JUST my 5 STRS (which are not in Nashville) and live 1/3 of my life in Nashville. Look elsehwere. Memphis has cash flow.
And hit the vote button ;)