Looking to network/find realtors/contractors/PM in Memphis!

[Charles Mitchell]

Hi All!

I'm an OOS investor with a few properties in the midwest. I'm currently evaluating the Memphis market and would love to start hearing from some people who are in town. I'm looking to identify different areas that may be a fit to my plans in Memphis. Currently looking at either doing BRRRR's and flips.

through researching the market its become clear that Memphis is a block by block city. I'd love to hear some of you opinions of specific areas that you invest in/see a rise in.

I'll be coming out to town for the month of March to view and hopefully purchase a few properties and I'm looking to start finding some boots on the ground! Feel free to respond here or shoot me a dm to have a more private chat! Looking forward to learning the area!

[Timothy Lewis]

Hey @Charles Mitchell,

I'm an out of state investor as well. I own a couple properties in Memphis. I created this list about a year ago so the quality of these areas have probably changed as Memphis is rapidly growing. Needless to say, it still will provide you a general idea of what areas to look at:

Good areas:

• Raleigh 38128 (try to push as far east as you can)
• Bartlett- expensive, but solid
• Cordova - expensive, but strong. Still some unincorporated areas so those would be county only tax, very rare to find one
• East Memphis 38117, generally solid, drops off a bit south of Quince. E.
• East Memphis - 38111 -generally great, can get spotty when you go too west on the southern part of the zip code near the Orange Mound area. North of Southern Ave is $$ and University of Memphis. This is very street to street from 250k+ homes to shacks.
• Midtown/ Cooper young -38014, similar to 38111. Very complex area. Huge developments and improvements in this area. Really need to know your stuff if you're going to buy here.
• Whitehaven 38116, has its bad areas, but good investment areas. You'll find some rtv opportunities 1-1.5% here with less risk than Frayser. Working class neighborhoods
• Parkway Village and Hickory Hill -38118, 38115 similar to Whitehaven
• Westwood/west Whitehaven - 38109 - some good finds.
• Germantown - $$$, very few deals in general as it is similar to Collierville, maybe some on western edges, but those are very hard to find.

Areas to avoid:

• Frayser 38127
• Orange Mound 38114
• North Memphis - 38107
  South Memphis - 38126, 38106

I hope this helps.