Memphis vs. DeSoto County, MS for Buy & Hold

[Haim Mamane Palman]

To all the Memphis Investors,

what do you think about the DeSoto County in MS compared to Memphis as far as buying and holding properties for cash flow. Cities such as Southaven and Horn Lake seems like great quiet cities to buy properties for cash flow.

From my understanding, the schools are better, there is less crime compared to Memphis and you can still get great returns.

Your opinion is very much appreciated.

[Eric McCully]

Haim Mamane Palman Haim, all of my 6 SFR's are in Southaven and Horn Lake. I live in Memphis, but I like the Desoto County, Mississippi area for buy and hold. It's never taken me longer than a week to find a renter, I've got good blue collar families in my homes, and there really are no "war zones" there like you find in Memphis. In 8 years and 6 homes I've had 2 evictions, coincidentally both were on the same home. I like finding the $75-95k home that rents for $975-1250/month. Less competition from other investors as they're all obsessed with Memphis in-town properties (for good reasons). You will NOT have a problem renting Desoto County properties quickly. There are many families looking to leave Memphis and plenty coming from other markets who want family-friendly Desoto. Happy to talk if you'd like.