))
1% Advantage: New Construction Opportunities in Memphis
Manage episode 437961467 series 3597521
Content provided by Stamps Real Estate Investment, Brett Bernard, Jeff McKnett, and Nick Gibson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stamps Real Estate Investment, Brett Bernard, Jeff McKnett, and Nick Gibson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Charles Lott, a builder, discusses his new construction properties for rental in the Whitehaven area. The houses are 3-bed, 2-bath, around 1,300 square feet. With a one-year builder warranty, the rental market offers a stable 1% return. Lott emphasizes the appeal of affordable housing in the $90,000-$175,000 range, providing a higher rate of return. The conversation touches on the advantages of polished concrete floors, hardy board exteriors, and the potential of emerging markets like Frayser. Overall, new construction for rentals is seen as a low-risk investment with government support.
…
continue reading
59 episodes
Share
