Smart investors are locking in properties now, with the plan to refinance if/when rates drop.Now, let’s talk about why Memphis is one of the best cities to consider for your next investment property.Memphis has a lot going for it when it comes to real estate investing.

VERY trendy city with lots to do:)

Most suburban cities have VERY limited lots and most of those are zoned R-1, meaning only a single-unit house can be built.In the City of Detroit, it's cheaper to buy one and rehab than build!

If necessary to go through city or not..

If you switch to or stay with the custom tax settings, you'll need to update the amount of tax collected to 7.75% because the 9% city tax will be collected and remitted by law to the city on your behalf, but  the 6% state and 1.75% county tax will be collected and sent to you to remit to the state and via Avenu to the county.

With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population. 

This cultural preference for renting creates a steady demand for rental properties, ensuring reliable cash flow for property owners.Additionally, many Germans face a significant shortage of affordable housing, particularly in major cities like Berlin, Munich, and Hamburg.

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

This unit has already been indicated by the city that it can be approved as a 3rd unit.

-Construction Permit was approved by City August 2022.