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Updated over 5 years ago on . Most recent reply

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invest in for buy&hold

Posted

Hi Everyone,

My name is Alex, and I am new to real estate investing. Did my research and decided to invest in Memphis, TN.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 70-80k (All in) and continue with that tactic after completing the first deal.

Does anyone can provide some tips for me?

Any special or unusual RE rules that I should be aware of, for Memphis, TN ?

What are the best neighborhoods to invest in for buy&hold?

What are the worst areas that I should stay away from ?

I would love to connect with agents and wholesalers that work with investors.

Thank you for your help.

Alex,

Most Popular Reply

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Jake S.
  • Rental Property Investor
  • Minnesota
554
Votes |
863
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Jake S.
  • Rental Property Investor
  • Minnesota
Replied

Hey @Alexander Antoniok My main tip for you is to build your power team in the area. Your team should consist of a solid realtor, property manager, lender, cpa, etc.

They all should be able to advise you on your questions

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