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Updated almost 3 years ago on . Most recent reply
Bay Area newbie investor looking into Memphis!
Hello, BiggerPockets community! My wife and I recently purchased a vacation home in Sonoma County and the process got us (mostly me) interested in real estate investing. Stumbling onto the BiggerPockets podcast and Redfin have definitely given me the bug! Currently looking into single family homes to rent in the Memphis area (Cordova, Barlett, Germantown). Have been lurking the forums and website quite a bit, figured it was time to say hello.
Suggestions and advice, welcome!
Most Popular Reply
Hello @Elbert O.
Congrats on the purchase of your vacation home!
Spending all day on Biggerpockets could get anybody interested in real estate investing.
Memphis is a great market to invest in for a multitude of reasons.
1) You will be able to get a lot more value out of your money
2) Great and stable cashflow
3) We also see decent appreciation year over year
I would be more than happy to discuss the Memphis market with you and help answer any questions! Feel free to reach out!