A recent article from the Wall Street Journal named Memphis TN as the #1 market for real estate investing in the country. Those of us who live here and have been selling investment property for some time know have always known Memphis to be the best place for investors not only from the U.S. but also several foreign countries to be owing rental property. The WSJ has cited Realtytrac.com as its source for its data regarding Memphis and the statistics seem to be considerably accurate. When you have about 50% of the current population of Memphis renting homes, your bound to have a market that is perfect for investing activity. Memphis was never overbuilt/saturated like such markets as Las Vegas or Atlanta. Here is the article from the WSJ.
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