Home Buying in Cordova>Question Details

Foxtail, Other/Just Looking in Zero, NE

What are the best areas in the greater Memphis area in which to purchase rentals? Zip codes?

Asked by Foxtail, Zero, NE Thu Nov 29, 2012

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Arron Rena Ray, MMDC’s answer
As a licensed Realtor and Certified Public Accountant (CPA), I libe for investor clients!

What is your net cash flow goals monthly, ROI (Return on Investments), and ownership term range? Are you buying with cash, owner-financing or bank financing? Here is my contact information: Arron Rena' Ray, Crye-Leike Realtors, arron.ray@crye-leike.com, 901-652-5410, http://arronrenaray.crye-leike.com
0 votes Thank Flag Link Thu Dec 6, 2012
Typo Correction: Live, not LIBE!!
Flag Thu Dec 6, 2012
cordova that rents 1000 or under goes quick. our crye-leike property mgt cannot
keep them availalbe. they are crazy busy. let me know if you would like me to find
you some! also close to the u of m.
0 votes Thank Flag Link Sat Dec 1, 2012
Sherry......thanks for your straightforward answer. I really appreciate it. If not Cordova, then what would be your next suggestion?
Flag Thu Dec 6, 2012

Memphis is a great area generally for investing in rental property. The variety is endless, and a purchase would depend primarily on what your investment strategy is. You can acquire properties from $2-20,000.00, or, you can go as high in price range and location as you want.
What's your strategy, what are your price points and comfort zone?
If you would like more information or have specific questions or concerns, feel free to contact me and we can discuss your plans, strategy and goals.

Michael Bellaire, Broker, ABR
0 votes Thank Flag Link Fri Nov 30, 2012
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