New to the Forums/Investing in South Nashville

New to the Forums/Investing in South Nashville

Rental Property Investor · Harrisonburg, VA · Member since 2018 · 14 posts · 5 votes

Hey guys,

My name is Bryce Rodgers. I've been listening to the podcast for a couple of years now, but have not posted much in the forums. So, I wanted to chime in and say hi!

I'm a Nashville resident and looking to get some thoughts and bounce some ideas. I bought my first property a little over a year ago in Nashville, and looking to expand. The market is slowing down a good bit and wanted to see if anyone has any thoughts (good or bad) about buying to flip or buying to rent in South Nashville. 

0Reply
21 views

4 Replies

Jump to latestLatest
  • Real Estate Agent · Spokane, WA · Member since 2013 · 123 posts · 66 votes
    7y

    Welcome to BP! I'm not too familiar with south Nashville but I've heard good things about Nashville in general.

    How are you finding your deals? Reaching out to the big wholesalers in your area tend to provide deals better than MLS prices as long as you can close quickly

  • Rental Property Investor · Harrisonburg, VA · Member since 2018 · 14 posts · 5 votes
    7y

    @Jimmy Deringer thanks for replying! 

    Nashville is an awesome town and it's been fun to watch the market grow in the past few years.

    I am new to searching for deals so I've mostly been using my realtor (letting him know what I'm looking for) to hear about off market, or soon to be available properties. I was able to find my first single family home through Zillow, but definitely want to gain some knowledge in other resources such as wholesalers. What's worked best for you?

  • Real Estate Agent · Spokane, WA · Member since 2013 · 123 posts · 66 votes
    7y

    Finding off market deals myself has worked best for me. but that's a full time job by itself.

  • Real Estate Agent · Nashville, TN · Member since 2018 · 35 posts · 29 votes
    7y

    Hey @Bryce Rodgers!

    Welcome to the forums, I'm pretty new here myself and I love connecting with rooks and vets alike! Congrats on buying your first property, the first is usually the hardest so great job getting over that hurdle! I am a Realtor/Investor specializing in the Metro Nashville area; I got into my first house-hack last year and am looking to get 2 more income producing properties before 2020! I wouldn't say the market is slowing down so much as homes are sitting longer in certain areas due to overpricing, which could be a great thing for the patient yet posed investor! I think flips and BRRRRs are almost always a good idea in almost every neighborhood in the city! As I'm sure you've heard Amazon and EY (among other business heavy-hitters) are bringing over 5,000 jobs to the city this year; these are mostly high-paying roles that are projected to increase the average rent rate by $300! I would love to help you find the best property(ies) for you that meets all your needs and satisfies your short and long term goals! Let me know if you'd like to talk more about investment strategies, the market, or Music City in general; I take it upon myself to be the one-stop-shop Nashville Tour Guide to every new pair of boots that touches down in my town!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.