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While Memphis, Tennessee is considered one of the top cities for real estate investing in 2020 by various publications and websites, many investors don’t realize the staying power that purchasing investment property in Memphis carries due to the city’s growth. In addition to very robust rent vs. price per square foot ratios, which maximize your investing cash flow, Memphis has been proud to be honored in a variety of ways due to the reinvestment into both the tourism and civilian infrastructure. These redevelopment dollars allocated by City leadership has encouraged job growth as well as commercial expansion, bringing some of the top named manufacturers into the area like Nike, Amazon, and Electrolux, providing employment opportunities whilst bolstering investment opportunities.
All of these elements point to Memphis, Tennessee as being one of the most cost effective, economical, and successful cities for purchasing investment property for cash flow, appreciation, and equity pay down purposes. Additionally, these accolades demonstrate how the City of Memphis continues to grow and mature, making your long term investments in property within the city highly sustainable and potentially profitable.
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Here are some recent media examples that show how Memphis continues to grow and strengthen as the ‘go to place’ for travel, tourism, work, and investing.
By WMCActionNews5.com Staff | January 22, 2019 at 1:06 PM CST – Updated January 22 at 4:16 PM
MEMPHIS, TN (WMC) – Memphis is the Best Overall Destination for 2019 according to TripSavvy.
The Bluff City was awarded the title based on the site’s analysis of over 60,000 hotels, restaurants and attractions around the world.
MEMPHIS, Tenn . — Three Memphis-headquartered companies were named to FORTUNE 100 Best Companies to Work For in 2019.
St. Jude Children’s Research Hospital (58), Methodist Le Bonheur Healthcare (88) and FedEx Corporation (95) all made this year’s list. St. Jude has been on the list since 2011, and both Methodist and FedEx have been on the list each year since 2017.
By WMCActionNews5.com Staff | March 26, 2019 at 1:23 PM CDT – Updated March 29 at 4:18 PM
MEMPHIS, TN (WMC) – Three Mid-South cities are among the best places to live in Tennessee.
Data website HomeSnacks named Germantown as the best city to live in the Volunteer State based on income, crime rates, and more. The city was also named as the third best place to raise a family in the state.
Collierville and Bartlett also made the top of the list coming in fourth and ninth.
1 https://www.wmcactionnews5.com/2019/01/22/memphis-named-best-overall-destination/
2 https://wreg.com/2019/02/14/three-memphis-companies-named-in-best-100-companies-to-work-for/
3 https://www.wmcactionnews5.com/2019/03/26/germantown-named-best-place-live-tennessee/
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