All Forum Posts by: Tim George

Hey all,

In  my area I have seen a lot of RS5 lots being converted to RM-15A in my area in East Nashville.


I currently have multiple RS10 lots in a row. All are previously R10 until the big change in the late 90s. 

I know they are zoned SFH with just one meters (not grandfathered in with multiple buildings on same lot).


My question is. Has there been any success in rezonung RS10s to accommodate MFH new construction? As mentioned I am aware of the grandfathering if there were two previous structures meters but it looks like developers are buying RS-5s in a row and able to rezome multiple lots.


I feel like years ago (5-8) there was a big stick about either R10 or RS10 lots but don’t have the info.


Thought  I’d ask the hive mind


Thanks,

Tim

Hey all,

Thanks for your responses. Broke musician for clarification that changed careers. STR may not make sense and open to LTR. Not looking specifically in Fishtown/NLiberties area as I understand the prices are insane now in those areas.

Hey all,

I am looking into purchasing a STR/LTR in Philly. I am a ex-touring musician and first was playing shows in Philadelphia in 2017 in the Northern Liberties/Fishtown area when apartment buildings cost the same amount as a sing-family home in Nashville (current residence). My wife's family is in the area and we are looking to rent out the property before eventually moving to the area but we won't be making it for a number of years.

Looking for information regarding what areas are available for STR and information regarding the tax benefits of buying net new properties.

Would also like to develop a team or realtor if anyone has any ideas for folks in the area for remote investors that would be great. 

Thanks in advance.