FOMRE, LLC (Find Off Market Real Estate)
Off Market Investment Deals Available in Memphis With High Equity…
… for serious investors and cash buyers only please.
See Our Off-Market Investment Property Inventory Available In Memphis
Looking to Find Off Market Real Estate properties for your investment portfolio? Or, are you looking to sell an off-market property you have?
FOMRE is a new advertising company that was established to help Real Estate Investors “Find Off-Market Real Estate” investment opportunities. We specialize in connecting Accredited Investors, who are actively seeking to “purchase” Discounted Real Estate Investments, with other Investors, Homeowners, & Wholesalers, who are looking to “sell” their own off-market properties. Call us the “Classified Ads of Off Market Real Estate”, not posted on the MLS.
We DO NOT charge for this service. We ARE NOT Brokers or Agents.
We simply offer FREE advertising for Investors, Homeowners, & Wholesalers nationwide who are looking to sell their off-market properties themselves, without using an Agent, Broker, or the MLS.
→ Access our current list of off-market deals and foreclosure homes available nationwide.
Memphis Investment Properties For Sale – Get On The VIP Buyers List. It’s FREE!
Once we receive advertising information on a new property, we immediately notify our VIP Buyers of the new deals in their area. Accredited Investors can be added to our VIP Buyers List FREE of charge. Whenever we receive new properties in your area, we first send them out to those of you on our VIP Buyers List, giving them exclusive access to the deals for the first 48 hours, before posting them to the general public.
So, if you are interested in getting on our VIP Buyers list to Find Off Market Real Estate (it’s free!) so you can be notified of each new discount home or investment property available in your area… Just click here to join our VIP Buyers list and tell us what you’re looking for →
Immediately after you sign up you’ll get full access to Find Off Market Real Estate by accessing our current properties for sale in Memphis, and will start receiving first updates on future properties available.
Memphis, Tennessee: A City of Rich History, Culture, and Opportunity
Memphis, Tennessee, is a city that pulses with culture, history, and Southern hospitality. Located on the Mississippi River, Memphis is widely recognized for its vibrant music scene, particularly its role in shaping the history of blues, soul, and rock ‘n’ roll. With a population of around 650,000, Memphis is the largest city in Tennessee, making it a bustling metropolis with a unique Southern charm. The city’s rich cultural heritage, coupled with its economic diversity, offers residents and investors a dynamic environment to call home.
Real Estate Market & Investment Opportunities in Memphis
Memphis is a city with a diverse and affordable real estate market, making it a prime location for homebuyers and investors. The median home price in Memphis is approximately $210,000, which is significantly lower than the national average, making the city an attractive option for first-time buyers and real estate investors looking for affordable properties with strong returns. The city has seen steady growth in recent years, and its real estate market continues to offer ample opportunities for investors seeking rental properties, with an increasing demand for single-family rentals and multi-family units.
For real estate investors, Memphis is known for its strong rental market, with a high demand for both single-family homes and apartments. The average rent for apartments in Memphis ranges from $800 to $1,200 per month, depending on location and property type, while single-family homes typically rent for $1,200 to $1,800 per month. With affordable home prices and a steady influx of renters, Memphis remains an attractive market for real estate investment, especially for those looking to capitalize on rental income.
Why Invest in Memphis Real Estate?
• Affordable Housing – Compared to other major cities, Memphis offers affordable housing options, making it a popular choice for first-time buyers and investors. The relatively low median home price provides an entry point for those looking to build wealth through real estate.
• High Rental Demand – Memphis has a significant rental market, driven by its large population of college students, young professionals, and transient workers, especially in areas near University of Memphis and FedEx corporate offices. Investors can expect steady demand for rental properties, making it a prime market for buy-and-hold investments.
• Strong Job Market – Memphis is a major hub for logistics and transportation, largely due to the presence of FedEx and International Paper. The city’s economic stability and diverse job market help support a strong housing market, with demand for both homes and rental units.
• Cash Flow Potential – With relatively low property prices and high rental yields, Memphis offers investors the opportunity for strong cash flow. Many investors find success in acquiring properties at a lower cost and generating positive returns from rent.
• Economic Growth – Memphis’ economy is steadily growing, with major industries such as transportation, healthcare, and education contributing to the city’s prosperity. This economic growth supports real estate demand, both for residential and commercial properties.
Best Neighborhoods in Memphis, TN
• Downtown Memphis – Downtown Memphis is a bustling area filled with historic buildings, cultural attractions, and a mix of condos, lofts, and apartments. The area is home to Beale Street, the National Civil Rights Museum, and Sun Studio, making it a popular spot for tourists and locals alike.
• Midtown Memphis – Midtown is known for its eclectic atmosphere, tree-lined streets, and vibrant arts scene. It features a variety of historic homes, townhouses, and rental properties. The area is particularly popular with young professionals and creatives.
• Germantown – Located just outside the city, Germantown is an affluent suburb known for its top-rated schools, family-friendly atmosphere, and well-maintained neighborhoods. Homes in this area are often larger and more expensive, making it ideal for families seeking suburban living with easy access to downtown Memphis.
• East Memphis – Known for its corporate offices, shopping centers, and restaurants, East Memphis is a diverse and upscale neighborhood. It’s home to some of the city’s wealthiest residents and offers a range of housing options from luxury homes to more affordable single-family residences.
• Cordova – A suburban area in the northeastern part of Memphis, Cordova offers a mix of newer homes and established neighborhoods. It’s popular with families and those looking for a quieter lifestyle with access to parks, schools, and shopping.
• Frayser – Frayser is an up-and-coming neighborhood offering affordable homes and potential for growth. It is popular with first-time homebuyers and investors seeking rental properties due to its relatively low home prices and proximity to downtown Memphis.
Things to Do in Memphis, TN
• Graceland – No trip to Memphis is complete without a visit to Graceland, the home of legendary musician Elvis Presley. The estate attracts millions of visitors annually and is a significant part of the city’s music tourism industry.
• Beale Street – Beale Street is the heart of Memphis’ music scene, where visitors can experience live blues, jazz, and rock music in vibrant clubs and bars. The street is also home to numerous shops, restaurants, and historic sites.
• National Civil Rights Museum – Located at the Lorraine Motel, the National Civil Rights Museum offers a powerful and immersive experience exploring the history of the Civil Rights Movement in the United States.
• Sun Studio – Known as the birthplace of rock ‘n’ roll, Sun Studio is a must-visit for music lovers. This historic studio is where artists like Elvis Presley, Johnny Cash, and Jerry Lee Lewis recorded some of their biggest hits.
• Memphis Zoo – The Memphis Zoo is home to over 3,500 animals and offers a fun and educational experience for families. It’s located in Overton Park, which also features the Memphis Brooks Museum of Art and the Overton Park Golf Course.
Why Choose Memphis, TN?
Memphis offers a unique combination of rich history, cultural vibrancy, and economic opportunity. From its world-class music scene to its thriving business environment, Memphis provides a diverse range of experiences for both residents and visitors. For real estate investors, Memphis presents a prime opportunity with affordable property prices, a strong rental market, and a growing economy. Whether you’re looking to purchase a home, invest in rental properties, or simply experience the charm of the South, Memphis has something to offer.