House Flipping in Nashville TN (Understanding Submarkets)

[Patrick Camuso]

Hi Everyone,

I am moving to TN within the next year and I am trying to get a feel for the area before I move down beyond the information I can obtain from my research online. I plan to fix and flip houses to fund my purchase of properties I will hold  for rentals.

I wanted to hear everyone's thoughts on the best sub-markets surrounding Nashville  as well as the worst! I would also be interested to hear what types of properties you are targeting in these areas and a general profile of who you expect your buyer to be.

Thanks!

[Wayne Woodson]

For Rehabbing I would stick to East Nashville, Madison, Hermitage, Goodlettsville, Spring Hill, Murfreesburo

Areas to avoid for rehabbing would be, Antioch, Cane Ridge, La Vernge, North Nashville, Whites Creek, Joelton, Pegram.

This is based on data I pulled from the MLS and my observation. I am sure someone will come along and say that Antioch had the most sales of anywhere in Middle Tennessee. However if you look at the stats most of the properties in that area are rentals and not owner occupied. Also Antioch, and La Vernge have a lot of crime and values are not as good as other places like East Nashville or Spring Hill.