All Forum Posts by: Nathan Lilly

Hello everyone, I am looking for a good agent in Memphis. One that knows how a investor thinks and has experience with investors.

Hello everyone, I am looking for a good agent in Memphis. One that knows how a investor thinks and has experience with investors.

I will be relocating soon and wondering whether Memphis TN or Nashville TN has the best buy and hold ROI. I know the housing market bin Memphis is much lower in value. Memphis is largely lower income (ghetto) while Nashville has a higher housings value, but consist of less poverty stricken areas.

Originally posted by @Mike H.:

I think the key phrase in your post that you will be relocating after graduation gives me all the information I'd need to answer the question. Wait. Wait the year before investing so that you can invest where you're going to be living.  Having your properties nearby will allow you to self manage them and thats a key savings that you'll want to have in the early going.

I would not want to have had my first investment property been one where I needed to hire and manage a PM.

 That's what I was thinking, but I wanted multiple perspectives to reassure.

Thank you

Originally posted by @Jay Helms:

Originally posted by @Nathan Lilly:

Hello, I am 20 years old in college and wanting to relocate after graduation. my question is should I purchase my first property in this coming year or wait until I relocate and start a career until I transition into real estate investing fully?

 Depends.  What are your goals?

 My goals are to have enough passive income to retire when I'm 40. 

Btw how is the rental market in Florida?

I am confident with the degree just not what it will lead to.

Currently majoring in finance with a concentration in real estate.

Hello, I am 20 years old in college and wanting to relocate after graduation. my question is should I purchase my first property in this coming year or wait until I relocate and start a career until I transition into real estate investing fully?

Hello, I am in college and confused on what to to choose as a career. Real Estate is my passion as I want to eventually fully convert to full time investing in rental properties one day. Until then I am confused on what career would help me the most in that field. I am considering becoming an appraiser. I want to find a career that would pay very well as it would help assist me in investing.

Thank you

Thank you for the help man.