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Updated almost 4 years ago on . Most recent reply
Anyone currently investing in Knoxville?
Hi BP, I'm an out-of-state investor from Denver exploring TN markets. It seems like Nashville and Middle TN get most of the attention, but I have business connections in Knoxville and am wondering what the investing landscape is like there. I'd love to hear the inside scoop from fellow investors or agents about the rental market, major industries, and strategies that are working for you in Knoxville. Thanks!
Most Popular Reply
Madigan,
1st off, you have a really cool name! Anyways, I'm from East Tennessee, and a market that gets overlooked by out-of-state investors is Cleveland, Tennessee. It's just north of Chattanooga, Tennessee which is also booming right now. Volkswagen and Little Debbie have built giant factories in the area that have jobs/people flooding in.
There is also a large data center Facebook is building in the region that will have a lot of people from Chattanooga commuting.
Housing is cheap around there, especially for someone who lives in Colorado. You should check it out, happy hunting!