Great Culture, Technology, Economy, & Recreation Attracts Renters!

TN Real Estate On The Fast Track With High Speed Internet & New Rental Property Loans: TN Real Estate Technology is Ready!

 

Tennessee is the home of the most vistied national park in Ameria, the Great Smokey Mounains National Park in Eastern Tennessee. The state is renouned for music culture centered around Music City in Nashville TN. It's also been the home of over 80 famous musicians such as Evlis Presley, Dolly Parton, Aretha Franklin, Isaac Hayes, Tina Turner, Chet Atkins, Minnie Pearl, and of course Johnny Cash who wrote a song about the state. 

Tennessee has taken a boom into technology and the home of over eleven Fortune 500 companies and growing. The hotspot attactions bring prime locations for AirBNB investment rentals and multifamily investment property opportuntities.

The job growth exploding in TN has been ensuring your real estate investments keep growing. The stars are shinning on the Tennessee real estate market with a surge in media attention, ridiculously fast internet, and new mortgage loans for rental property investors…

It’s music to the ears of investors already engaged in the TN real estate market, and we’re not talking about the Blues. While newcomers to the Tennessee property seen will find capital plentiful.

 

One of the most real estate investor friendly states in America!

• No Social Security tax

• TN has the lowest cost of living in the US

• Higher employment rates than the national average

• Great and Inexpensive Healthcare Facilities

• Nationally recognized colleges and universities

Tennessee: Tiny State, Big Performance

Tennessee has delivered an enormous amount of man power to battlefields producing the cannon balls for the civil war, was home to the enrichment facility which helped build the world’s first atomic bomb, and it's railways were essential for supplies throught the country.

Now TN continues to forge ahead in innovation and output. According to TN commercial property analyst, Carnell Scruggs, CCIM, who has been quoted in a Mark Cuban backed whitepaper; says 2010 and 2014 were pivotal years for the state’s market. Scruggs also comments that while multifamily may face challenges in the short term, retail, office and residential are experiencing significant development.

• $111M investment in 250 times faster internet earned Chattanooga the name ‘Gig City’

• Local government backed programs have offered paid relocation assistance to talented workers moving into the area

• Google has said it is setting its sights on developing Nashville next

• At least 25 movies have been made in Tennessee.

Numerous publications have named TN as one of the best places to invest.

2021 TN Real Estate Stats

• Average home sales prices have been rising over 14% year after year for the past 5 years. 

• Places like the Nashville area saw home values increase by 19% August 2021

• Some places like Pigeon Forge near Dolly Parton's Ranch rose as high as 81%

Top 10 Metros with the Fastest Growing Sales Price According to RedFin

1. Pigeon Forge, TN  81.3%

2. Gatlinburg, TN  79.3%

3. Fayetteville, TN  61.7%

4. Sevierville, TN  51.3%

5. Oak Ridge, TN  49.9%

6. Lawrenceburg, TN  48.4%

7. McMinnville, TN  45.4%

8. Crossville, TN  40.7%

9. Thompson's Station, TN  39.5%

10. Loudon, TN  37.8%

Mortgage Lenders Funding New TN Surge

Rental Home Financing rolled out buy to rent blanket mortgages for TN real estate investors in 2021.

These investment property mortgages enabled existing landlords to efficiently leverage currently pent up equity, drive up yields by refinancing at lower rates, and acquire additional units to add to their rental property portfolios.

New technology, and large amounts of liquid capital have empowered lenders like Rental Home Financing to make borrowing easier and more affordable for investors, and they are bullish on TN income property.

New technology, and large amounts of liquid capital have empowered lenders like Rental Home Financing to make borrowing easier and more affordable for investors, and they are bullish on TN income property.

Discover more details of the latest TN investment property financing programs now.

State of Tennessee Real Estate Resources:

Landlord & Real Estate Law in Tennessee:

• Tennessee Landlord and Tenant Brochure - TN.gov

  http://www.tn.gov/consumer/documents/LandlordTenantBrochure.pdf

• Uniform Residential Landlord and Tenant Act - TN.gov

  http://tn.gov/consumer/documents/UniformResidentialLandlordandTenantAct7.12.12.pdf

• https://www.tncourts.gov/sites/default/files/docs/general_sessions_cases_handout.pdf

• Tennessee Real Estate & Professional Licensing

  http://tax.Tennessee.gov/publications/localgovernment/ptax1004.pdf

Tennessee Investment Real Estate for Sale by the Government.

Tennessee multi family housing may be available for purchase from Tennessee government offices.

State of Tennessee Real Estate Asset Management:

• http://tn.gov/generalserv/psm/rpa/sales.shtml

• Tennessee Department of General Services

  http://www.tn.gov/generalserv/ba04s/pauction.html

• Surplus Property Distribution / eBid

  http://www.nashville.gov/General-Services/Surplus-Property-Distribution.aspx

USDA-RD and USDA-FSA:

Government owned Multi Family Housing may be for sale by the USDA-RD and USDA-FSA.

To see if there are any RD/FSA rental properties for sale in Tennessee,CLICK HERE

Contact us today to help finance your Alabama investment property portfolio.

More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long term wealth building and cash flow generation. We’re invested in your long term success.

Contact us today and experience a refreshing new approach to financing investments…

Call today for more information: 888-375-7977 or CLICK HERE