The real estate market in Tennessee is very promising with opportunities for very good returns:
- an average of median home price in Memphis is 46% lower than the national average
- median rent asked in Memphis is 10% lower than the national average.
Therefore, we can help more and more folks to get out of the rental situation.
WIN WIN SITUATION
Our goal is to buy relatively low price properties then revitalize them and sell to first time home buyers, helping people to acquire their first homes. However, this process can take time, and for that, we team up with investors to buy the property and rent for locals, while they are restructuring their credit making a win/win situation. When comparing to the sales price and rent, the rate of return is desirable for investors and the dream of owning a home can come true for the first time home buyer.
HIGH RENTER OCCUPIED RATES
The number of renters occupied households in Memphis is 41% higher than the national average. With those scenarios, we can invest into two major areas - one is to help the community to own their homes as first time home buyers, and the other is the cash flow for investors.
INVENTORY GOING DOWN
The last quarter in 2016, the housing market areas tracked showed a favorable change in inventories, which decreased 5% in Memphis, 4% in Knoxville, and 1% in Nashville. Over the year, these numbers drastically increase. Most notably, inventory decreased by 18% in Memphis*.
IN GOD WE TRUST
Real Estate solutions opportunities for home buyers and investors.