Out of state investing in Memphis

[Rashaad Baten]

Hey y'all,

My wife and I are new investors living in the Bay Area, investing in Memphis. We've only just picked up our first property, but after visiting the area, we have leads on another 3 and a small multifamily just from talking to the neighbors.

Looking to meet more folks here on BP, and especially ones around Memphis. We had the pleasure of sitting down with Dan Butler from Crestcore just last week, and were able to get quite a few nuggets of wisdom.

Drop me a line if you're in the area, and even if you're not, I'd love to chat!

[Cj Powderhorn]

Hi, I lived in Memphis for 6 years. I also have 7 SFR and 1 duplex in 7 different zipcodes there! I'm happy to share my experiences with any out of state investors (especially from California as some of the prices in the south are probably unbelievable). I started investing there in 2005 and am closing on a property next week. Real Estate is not my primary job so I am happy to share what I have seen with different providers, areas, etc.

 @Paul Son Memphis and Nashville are very, very different markets.  Think Oakland and San Jose....for those of you from CA.  Slightly exaggerated but very different places.