Many homeowners in big cities across the country are relocating to suburbs in Nashville—a major city that we service. Residents of some of the most populous cities on both the east and west coasts are now making suburbs in Music City U.S.A. their home because of low costs of living and good schools, according to a recent report from realtor.com. “With low taxes and relatively low home prices, when compared on a national level, people from New York, Chicago, and L.A. see a lot of value,” said Cindy Stanton, principal broker of Parks Real Estate—located in the Nashville suburb of
Personal-finance website WalletHub shows that house flippers in Nashville were still earning above the national average as the summer wrapped up. House flippers in Nashville have been busy turning Nashville homes for sale into big profits. As of the last report, Nashville house flippers were earning a gross profit of around $72,000. Nashville is in the top 20 list of best places in the country to flip a house. Why Is Nashville Such A Profitable City For House Flipping? House flipping in Nashville is profitable for a number of reasons. The general market potential for flipping houses is still well.
There’s a lot of interest in investing in places like Nashville and other strong secondary markets right now. This is due to economic and cultural factors driving people out of more traditional markets. Plus, when you consider the quality of life in much larger downtowns, it's no wonder smaller, homier downtowns are the next big thing. These secondary markets prime for investing are great tourist destinations, just like Nashville. They are also key areas for music and the arts, just like Nashville. Here's what these secondary markets desperately need: Residential condo units. (Last year, Nashville gained a mere 71 units.)