Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Tennessee > Memphis
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-29-2012, 10:41 AM
 
3,201 posts, read 3,842,373 times
Reputation: 1047

Advertisements

I have notice dozens of companies marketing inexpensive real estate to overseas investors specifically in Memphis.

Australians and New Zealanders seem to be the target market.

Has anyone else noticed this?
Reply With Quote Quick reply to this message

 
Old 07-29-2012, 01:00 PM
 
Location: Brentwood, Tennessee
49,932 posts, read 59,566,018 times
Reputation: 98359
Where have you seen these marketing efforts?

What kind of "real estate" are they selling?
Reply With Quote Quick reply to this message
 
Old 07-29-2012, 08:11 PM
 
209 posts, read 458,075 times
Reputation: 54
Because they will feel warm in July...
Reply With Quote Quick reply to this message
 
Old 09-05-2012, 11:30 PM
 
27 posts, read 37,967 times
Reputation: 10
Because your returns are so high and your prices so low. I stopped investing in New Zealand and now invest in Memphis :-)
Reply With Quote Quick reply to this message
 
Old 09-06-2012, 10:19 AM
 
410 posts, read 798,293 times
Reputation: 247
I think it shows the future of this city is bright. I too have been looking around for a property to add to my portfolio. It's a good time to be in Memphis.
Reply With Quote Quick reply to this message
 
Old 09-06-2012, 08:54 PM
 
Location: McLean, VA
448 posts, read 866,203 times
Reputation: 266
Many of these investors are buying up properties to use as rentals. Memphis is especially attractive not only because it is relatively cheap to buy, but because with so many foreclosures in the past few years, not many people can buy another home. This has created a great rental market in Memphis potentially for years to come. There are others that are buying homes for as low as $15K, then selling it after 60 days or so for $30K - $45K.

While it may indeed be a good time to be in Memphis (particularly for a rentier), you don't necessarily have to be in Memphis to take advantage of the great real rental market - though it certainly helps.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Tennessee > Memphis
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 04:16 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top