A Great Place to Live, Work and Invest!
A GREAT MARKET
Memphis ranks as the 18th largest city in the US with a population of 1.2 million throughout the metro area. Over 45% of the city’s population are renters and the opportunity to keep an investment property occupied with a quality tenant remains high.
Memphis is considered the number one place to buy real estate in the US. With a cost of living that is 10% below the national average, Memphis is also considered number one in affordable housing for retirees. Additionally, Memphis has low property taxes, no state income tax, investor-friendly tenancy laws, and investment properties that offer both stable price appreciation and positive cash flow.
A PROGRESSIVE ECONOMY
With the busiest cargo airport in the world and a growing biomedical and medical presence, Memphis boasts a diversified economy where various industries continue to flourish. Memphis is home to an increasing number of nationally and internationally known corporations, such as Federal Express, AutoZone, Medtronics and International Paper. These companies bring a large amount of jobs to Memphis and a positive outlook on the real estate market moving forward.
A CITY RICH IN CULTURE AND ARTS
Memphis, recently voted “the most iconic city” in America by USA Today, is a vibrant city with a diverse culture. Known worldwide for its music and cuisine, Memphis also boasts state-of-the-art performing and visual arts centers, history and science museums, and a well-known zoo and aquarium.