All Forum Posts by: Kristin Smith

@Danny Matthews

Forgot to mention- your target price points are spot-on in the Ooltewah/East Brainerd & Harrisonareas, as well as many others around town, Cleveland as well.

K. Smith

@Danny Matthews

Hello to you and your family! I'll be entering the investment game this spring in the Chattanooga/North GA area as well. Having lived 23 years in Chattanooga, I can give some feedback based on being on-location. I recommend caution in the Eastridge and adjacent areas due to new flood zones being added to the FEMA floodplain maps. Be aware of elevation if considering any properties near the area, as I watched many homeowners over the years take hits on their homes, being unable to afford newly required flood insurance and unable to sell their homes even at a loss, for this reason.

Beyond that, I recommend avoiding East Chatt, unless you are ok with D- properties, as inner-city Chattanooga has unfortunately developed some gang issues over the years...

There are great market areas in the suburbs however, focused around the thousands of jobs added by the Volkswagen plant, Amazon warehouse, and the Hamilton Place area, etc.

Cleveland, TN is also a quick freeway commute from the Amazon/VW plants, and many will commute to take advantage of the lower home prices in Cleveland, as well as the more rural areas there...

Best of luck!

K. Smith

@John Preston Neely

Welcome!

I too will be entering the rental market in 2020. I will be focusing on the Ooltewah/Collegedale area for buy/hold SFR rentals as first priority, and multi family after.

Best of luck to you and your family in the new year!

K. Smith

This idea was great four years ago, and it’s still needed now. If I had already moved back to TN I’d be ready to partner. Unfortunately I’m still stuck up in the frozen north :(

@Fouad Anawis thank you for the heads up! I wish I had known about this before my son’s last car purchase!