All Forum Posts by: Emilio Shah
Emilio Shah has started 1 posts and replied 6 times.
Post: Looking to relocate to MO Ozarks or Middle/East Tennessee
- New Mexico
- Posts 6
- Votes 0
Quote from @Adrienne Green:
@Emilio Shah in terms of REI opportunities in Chattanooga, we have a bit of everything: LTR, STR, flips, BRRRs... There are houses to renovate, which not every market has, and of course rent ready!
I would note that it's a hybrid market where you get appreciation and cashflow, that being said, it's not going to be the highest in either of those categories since it has both.
In terms Chattanooga versus Knoxville, most people choose where to live more based on the vibe and city size they prefer.
What is the difference in "vibe" between Knoxville and Chattanooga?
Post: Looking to relocate to MO Ozarks or Middle/East Tennessee
- New Mexico
- Posts 6
- Votes 0
Anyone in the Greater Springfield or Branson area have insight on local market conditions?
Post: Looking to relocate to MO Ozarks or Middle/East Tennessee
- New Mexico
- Posts 6
- Votes 0
Quote from @Adrienne Green:
Hi @Emilio Shah, the thought you're putting in to your upcoming move is impressive! I moved to Chattanooga, Tennessee in 2020 and love it here. There are certainly investment opportunities. It's the 4th largest city in TN, and if you want larger, than go with Knoxville. If you think Chattanooga may be a good fit for you, feel free to reach out with any questions.
If you decide the MO route is a better fit for you, I recommend speaking with real estate agent Kelly Revoir in that area. She runs a team there, and is a great agent.
Thanks for the reply. How is the market there compared to say Knoxville? I know someone who recently moved to Sweetwater which is midway between the two. What types of opportunities do you think are most prevalent in Chattanooga?
Post: Starting my STR Journey | Branson, MO Info & Connections
- New Mexico
- Posts 6
- Votes 0
Hi @Keli'i Lum,
I have similar reasons to you. Just getting into this. Limited budget. Looking to relocate myself and have been considering both Middle/East TN and the MO Ozarks. TN seems so much more expensive across the board even without buying in the really touristy spots in the Smokies. My long term ideal set up would be to live on some land within an hour of some investment properties. Branson/Springfield easily meet this criteria without being crazy expensive.
I have read lots of posts about Branson and it seems like there may be some restrictions around STR. Thoughts?
Post: Starting my STR Journey | Branson, MO Info & Connections
- New Mexico
- Posts 6
- Votes 0
Total rookie here, but looking at a similar area. Just curious how you decided on Branson, MO
Post: Looking to relocate to MO Ozarks or Middle/East Tennessee
- New Mexico
- Posts 6
- Votes 0
Hi all my name is Emilio,
I am new to BP and real estate investing in general. I am a homesteader currently in New Mexico and have been trying to educate (podcasts, books, BP forums, etc) myself in the ways of real estate investing.
I currently work remotely and have a W2 income with some savings.
I am looking to relocate east either to the Missouri Ozarks or Middle/East Tennessee. One of the critical components of choosing my next homestead location will be access to a decent size city within an hour or so where I can do buy and hold investments for cash flow. I am planning on taking a road trip in the next month to scout some different areas and get a lay of the land.
I thought I would try and make some connections in these two regions before my trip and go from there.
From what I can tell, TN seems more expensive across the board than Southern MO. I personally know of people from all over the country that are moving to these two regions (at least twice as many to TN though). It seems like the real estate market is much stronger in Middle/East Tennessee than it is in say Springfield, MO. I am assuming some of this is due to the tax differences.
Any advice, tips or connections are appreciated.
Thanks so much,
Emilio