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Tennessee Real Estate Q&A Discussion Forum
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Updated over 8 years ago, 07/02/2016

User Stats

47
Posts
22
Votes
Autumn Webb
  • Investor
  • Atlanta, GA
22
Votes |
47
Posts

Chattanooga Highland Park Rentals

Autumn Webb
  • Investor
  • Atlanta, GA
Posted

Anyone investing in the Highland Park Community of Chattanooga??? Are your returns worth the area??

User Stats

32
Posts
3
Votes
Justin Tippens
  • Rental Property Investor
  • Hollywood, Fl
3
Votes |
32
Posts
Justin Tippens
  • Rental Property Investor
  • Hollywood, Fl
Replied

looking at a few properties there now.   Prices are low but so are rental rates. Not sure if im going to commit to the area.

User Stats

47
Posts
22
Votes
Autumn Webb
  • Investor
  • Atlanta, GA
22
Votes |
47
Posts
Autumn Webb
  • Investor
  • Atlanta, GA
Replied

section 8 pays well for 3 bedrooms but the tenant quality is questionable.

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User Stats

55
Posts
10
Votes
Edwin Fisher
  • Ooltewah, TN
10
Votes |
55
Posts
Edwin Fisher
  • Ooltewah, TN
Replied

Did you invest? If so how did it go? I was told yesterday by a friend his rentals in Highland Park were some of his best of the low end, "They rent with in days, and tend to pay on time." 

User Stats

47
Posts
22
Votes
Autumn Webb
  • Investor
  • Atlanta, GA
22
Votes |
47
Posts
Autumn Webb
  • Investor
  • Atlanta, GA
Replied

@Edwin, my apologies about the delayed response I haven't signed on in quite some time. I did not purchase the property because the foundation had major issues. I've been working on other business ventures but I'm getting back to real estate. Have you purchased any properties lately? How's the market?

User Stats

192
Posts
50
Votes
John Britt
Pro Member
  • Property Manager
  • East Ridge, TN
50
Votes |
192
Posts
John Britt
Pro Member
  • Property Manager
  • East Ridge, TN
Replied

Just a quick note to everyone in this discussion.  Just like just about everywhere in the country rents have increase significantly in the last year here in Chattanooga.  Including Highland Park area.

  • John Britt