Thank you for taking the time to check out my site. I know that today’s real estate investor has several choices when it comes to which market or company to invest with. Memphis real estate has always been one of the top choices for investors who are looking for positive cash flow and ROI. Word on the street is that about 45% of the current population in Memphis is renters. This means there is a large pool of prospective renters that would be considering your property. The purchase price to rent ratio statistics have always held strong in the Memphis real estate market which has been a huge contributing factor that makes Memphis investment property some of the more desirable investment properties in the country. Many other markets have come and gone but Memphis is here to stay. Appreciation in the Memphis market may not be like other higher retail markets but it is slow and steady.
So what makes owning rental properties in Memphis so attractive? There are several things about the Memphis economy that make it a stable place to invest.
- Home to FedEx, the world’s 2nd largest cargo airport. Employs over 35,000 people.
- Home to AutoZone and International Paper World HQ
- 3rd Largest railroad in the country.
- Major trucking industry.
- High volume of river
- St Jude and LeBonheur Children’s Hospital located in Memphis
- Bio Tech expansion
- UT Medical School
- I-69 corridor from Canada to Mexico comes through Memphis
There are many other excellent statistics I could list but these are just some of the highlights. So how do you know if Memphis real estate is the right market for you? If the company you are considering to do business with can provide an excellent product meaning the property was renovated right with quality materials and contractors as well as offer quality licensed property management, then you just might be considering the right company. We take what we do very seriously and that is why we are still helping investors all over the country purchase Memphis real estate. If you have any other questions please feel free to check out the site or if you would like to contact me please go to the contact page.