Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Nashville Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

Account Closed
  • Los Angeles, CA
1
Votes |
5
Posts

Nashville Turnkey Rental Income Property

Account Closed
  • Los Angeles, CA
Posted

I live in California but I'm looking for properties out of state to invest in due to the high prices in Southern California. One of the areas I'm considering is Nashville. 

This area is on the list of considerations for me because I think there are a lot of demographic trends that favor long-term growth. Strong economy and population growth, etc. 

I'm looking for a modest cash-flow positive turnkey investment. I believe we are late in the real estate cycle and there might be a drop in housing prices (which I am ok with), and in such a scenario I would like the rental income to be able to at least cover the mortgage payments and would be ok with paying for other costs out of pocket. I should be approved for around $500K with 20% down. I'd be planning to use a property manager.

Does anyone have an agent that could send me a list of investments with their potential rental incomes so I can run the numbers and see if this is a viable idea?

Is this a viable idea?

Please let me know your thoughts! Would love to hear back.

Thanks!

Loading replies...