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Real Estate Investing in Townhomes

Discussion in 'Real Estate Investing' started by Connor, May 5, 2018.

  1. DustinH
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    DustinH Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I was actually curious where @Connor was. :)

    I knew you were in Alaska and have been in real estate a long time. @Connor only has Southeastern US in his profile. Just curious how close he is to me.
     
  2. Connor
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    Connor Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    I'm sneaky like that haha. I'm actually in the process of moving, so it works well. Living in the Carolinas, but I invest mostly in GA. So not too far off.

    I have a friend who invests in Nashville, and he owns a few duplexes. Though he manages them himself, so his margins probably look better, but he also spends a lot more time on it then I do.
     
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  3. DustinH
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    DustinH Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Yeah, I've lived all over the Southeast. I know just about every little nook and cranny. You name a small town in the Southeast and there's a good chance I've been there or heard of it.

    Nashville is probably the most expensive real estate market in the SouthEast. It's good from a sales standpoint but not from an investing standpoint unless you are bringing big development dollars to the table. There is great opportunity for investment in other growing areas that are still relatively cheap such as Chattanooga, Knoxville, Lexington, Louisville, Montgomery, etc. Many Nashville investors in the last year have turned their attention toward Chattanooga.
     
    Connor likes this.
  4. Connor
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    Connor Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Yeah I agree - got to look at the secondary cities. Greenville-Spartanburg is too hot, so I've thought about Columbia or Florence, but we've got a ways to go before we start spreading to other cities.
     
    DustinH likes this.

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