Investment property in Memphis, TN
Memphis is now the hot spot for investment property that other places such as Nashville or Austin were 10 years ago. With the interest rates so low, now is the time to invest! And we’re just the people to guide you through the process.
INVEST IN THE BOOMING REAL ESTATE MARKET OF MEMPHIS
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AREAS OF MEMPHIS TO INVEST
Enticing investment properties around Memphis are not just held within the city limits. Please review the following areas of Memphis to find which might be right for you to invest in today:
FAQ’S ABOUT MEMPHIS INVESTMENT PROPERTIES
Is Memphis Tennessee a good place to invest in real estate?
Memphis is a great place to invest in right now! Memphis Real Estate is one of the most affordable in the country. The real estate data from Zillow shows that the median home value in Memphis is $85,800. Memphis home values have gone up 3.4% over the past year and their Memphis real estate market prediction is that the prices will rise 0.8% within the next year.
*Data from Zillow 2019
Is a rental property considered an investment property?
Basically, if you purchase real estate that will be used to make a profit, rather than used as a personal residence for you and your family, that property is considered to be investment property.
There are many different types of investment property including:
- residential rental property
- commercial property, and
- property purchased to “flip” (where the buyer purchases property with the goal of reselling it for a profit).
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