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Updated over 4 years ago,

User Stats

120
Posts
26
Votes
Diane Tycangco
26
Votes |
120
Posts

Memphis TN rental market - high vacancy?

Diane Tycangco
Posted

Hi guys, I am thinking of investing in SFR in Memphis. I have been doing my research and am so shocked to discover that average historical vacancy is 10-15%. Is this true in your experience?

How hard is it to evict a non-paying tenant, find a new tenant?  What are the rentals that are in demand in this market?

Are there a lot of delinquencies due to covid?

What are good areas to invest in in Memphis?

Would a $100k house be an investment in a good area?

What has been your experience with the Reedy Investment Properties?

Thanks a lot for any info!

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