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PAGES TO TRY
Want investment property in the USA?
Don't get fooled by sprukers that tell you how cheap it is to buy property in the USA. Cheap doesn't mean value and you don't want to own a cheap property without rental income.
What do we do?
We are in the best markets in the USA?
We have targeted 10 markets now. See why these markets will produce high cash flows for investors. Let's start with Cleveland Ohio.
Read more ...
Memphis, Tennessee
Tandem Uehling
Property Investing
Buying property in the USA
Memphis, Tennessee
About Memphis
Memphis is the 18th largest city in the U.S. and largest city in the State of Tennessee, with a population of 1.2M in the metro area. Memphis is known as the U.S. distribution center, hosting FedEx's World Hub, the busiest cargo airport in the world and the 3rd biggest railroad.
Memphis is also the headquarters for the Fortune 500 companies, International Paper and Autozone, and has a growing biomedical and medical presence.
Why did US News & World Report and Moody's Economy choose Memphis as the #1 Best Place to Buy Real Estate in the country?
Overall cost of living is 10% below the national average-
No state income tax
46% of the population rents (National average is 28%)
No major run up in prices during the "boom years" so no major "bust"
#1 on Home affordable housing for retires - CNN Money Magazine
Top 10 of 50 best major metro areas for starting or growing a business - Inc Magazine
Top Ten Cities to Invest in Real Estate - Business 2.0
High rental rates compared to home prices
Low Property Taxes and reasonable property taxes
And the main reason- HIGH CASHFLOW!!
Statistics:
Population
652,050 (+0.3% since 2000)
Median Income
$34,203 (+5.9% since 2000)
Median Home Price
$101,400 (+40.2% since 2000)
Median Rent
$745
(figures from
www.city-data.com
and
quickfacts.census.gov
)
Other Markets:
Atlanta, Georgia
Birmingham, Alabama
Charlotte, North Carolina
Chicago, Illinois
Cleveland, Ohio
Dallas, Texas
Houston, Texas
Kansas City, Missouri
Pittsburgh, Pennsylvania