I was recently asked about a post I did some time ago with my then 3-year old son. I decided to update it a bit and re-release it. It is amazing how much we can learn when we don't know fear. One night, when my family was out to dinner, 3 year old gave me an idea about how to explain the need to get over your fear if you are going to be a successful real estate investor in Memphis. The perfect storm for real estate investors to purchase great investment properties in Memphis will not last forever. With a company like Memphis Invest, regardless of past experience, we can assist investors with building high quality portfolios of Memphis cash flow properties. Here's the story..... On Monday night we took our 3 year old out for Chinese on his birthday. He loves everything that is edible and will try almost anything unlike his 7 year old brother. So here he is with his chopsticks wrapped around a just delivered egg roll that's as big as his fist and determined to get it in his mouth. You see, he set a goal - he was going to get a bite of that egg roll one way or another. Being that it was just made and delivered fresh, it was still a little hot and his first bite gave him quite a shock. He quickly shot that first bite back on the plate with a look of disgust on his face and grabbed his water to cool off his tongue. After I explained to him that he needed to blow on it to let it cool off before taking a bite he proceeded to try that bite again and loved it! It was so funny watching him eat the rest of his egg roll, blowing on every bite from every direction, but enjoying every bit of it! He ate the whole egg roll along with everything else we put in front of him that night. While watching him it occurred to me that he learned from his own experience, listened to someone else tell him how to achieve his goal and went after it again - savoring his victory! I can guarantee he will eat more egg rolls in the future. So how in the heck does that relate to Real Estate?? Most investors I have talked to in the past have always known they wanted to invest. And almost everyone of them has had a set back - a shock - taken a "hot bite" that scared them a little. The successful ones have all taken their time to regroup and figure out how to not get burned again. They've learned from their mistakes, sought out advice and help and some have even gone to work building a better team to surround themselves with. All have ended up enjoying their experience and growth as real estate investors. The important lesson is that not all deals are going to go super smooth. Some are going to leave you with bumps, bruises and burns, but in the long run those all heal and your real estate portfolio should leave you smiling! MemphisInvest.com is a full service real estate investment company that offers turn key investment opportunities by specializing in assisting investors from around the county who seek to develop wealth building portfolios of cash flow properties in Memphis, TN. Memphis Invest is family owned and all of the principles are full time real estate investors, each with large portfolios of Memphis properties. Stop by our website at www.MemphisInvest.com or contact us at 1-877-773-9998 today! Best of luck with all your real estate investing.
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Two Tennessee companies announce that they could be adding as many as 250 jobs to the Memphis area with an average salary of $42,500 plus benefits if all goes as planned.
For real estate investors who buy properties in Memphis for investment, this is fantastic news that only adds to Memphis' already attractive investment picture.
Memphis continues to have a strond work force and is positioned for solid growth in jobs and pay as the economy continues to turn around. The great thing about the jobs being created is that they are in sustainable industries where workers are being taught skills that make our workforce attractive to other companies thinking about relocating to Memphis.
These are all positive factors for Memphis and should mean our rental numbers continue to stay strong. With over 50% of the population renting their housing, more jobs and better pay should translate into stronger rental rates and lower late pay rates and vacancies. It's a little early to say exactly how this will effect Memphis real estate investors or their Memphis investment properties, but all good news on the job market is good news for investors looking to invest in Memphis real estate.
We'll keep you posted on more news from the job front in Memphis!
Chris
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We've made it official and accepted an invite to speak at the "Real Estate Success Summit" in Orland, FL. from July 24-26.
Ok, Ok, so it wasn't that big of a stretch to expect us to speak there. It is, after all, being promoted by someone I am familiar with. Kent Clothier, Jr., founder of REI Marketing, LLC which owns and operates 1-800-SELL-NOW.
The cool thing though is that we are speaking because of the demand from investors around the country to hear from REAL investors who are actually closing transactions and not just talking about the newest way to make money.
Memphis Invest has assisted clients the past few years to develop positive monthly cash flow through the acquisition of Memphis real estate. Investing in Memphis real estate has always come naturally to the Clothier family (the owners of MemphisInvest.com) as they currently own over 150 single family homes and multiple commercial spaces around the greater Memphis area. Sharing our story has been a joy for us and I am the lucky one who gets to travel the country and do the sharing!
Now Kent told me about the line up he had for his Orlando event and I about fell out of my chair! Some of these names are people that I have read about in national publications and even WATCHED on TV!
See The Line-Up of Speakers Here.....
So if you are interested....
It's free to attend for you and a guest and located in a world class city, Orlando, FL. I will be there talking about our history, our experiences and how you can take advantage of a fantastic investment real estate market like Memphis, TN.
Best of luck with all of your real estate investing and I hope to see you in Orlando!
Chris D. Clothier
While none of us expects changes in the housing market over the next few years in terms of major appreciation, there will be some localized, smaller market cities that fare better than others.
Lucky for www.MemphisInvest.com, Memphis, TN. is named as the 4th best metropolitan area based on Case-Shiller Index numbers. Moody's Economy.com forecast the 10 best and the 10 worst markets for market appreciation between 2009 and 2013. For the past several years we have been promoting Memphis as a strong real estate investment market because of it's lack of major swings in pricing up or down. Now that slow, plodding price appreciation that Memphis is known for, is going to actually pay off for investors as they sink their teeth into fantastic deals and enjoy positive apprecation instead of negative.
The other fantastic thing about Memphis is that, unlike other cities on the list, there are no glaring negatives to the steady growth and continued success for investors looking for cash flow. Memphis is not getting battered by job losses the way the Ohio cities are. We are not tied as closely to the industries such as Auto that are causing such job losses there. Unlike some of the other western cities on the list, Memphis has EXTREMELY affordable housing with fantastic 3 br/2bath houses often priced below $60,000 for investors to purchase.
If you are looking for solid, long-term investments, then avoid the markets you hear so much negative news about each week and concentrate on great mid-west cities such as Memphis for your long-term success.
Here's the list:
Top 10 Markets for 5 year apprecaition:
Tacoma, WA.
Boulder, CO
Toledo, OH
Memphis, TN
Pittsburgh, PA
Cleveland, OH
Akron, OH
San Jose, CA
Colorado Springs, CO.
MemphisInvest.com caters to investors who are looking for complete 'Done For You' service provided by real investors. We have experience in identifying, acquiring, rehabbing and managing cash flow!
MemphisInvest.com is a the premier real estate investment company in Memphis, TN. With our focus on customer service and maximumizing value for our clients, we have established an impeccable reputation within the real estate community. The owners of MemphisInvest.com also operate the local non-profit real estate investors association, the Mid-South REIA.
Use this section to write about your specific areas of expertise. Do you specialize in first time buyers - listing high end homes - etc. Are there specific market area's that you specialize in? The more you write about your area's of expertise the more knowledgeable you'll sound to a potential buyer or seller.
I just wanted to thank you and everyone at Memphis Invest for the peace of mind that you have given me while purchasing investment properties from you. Even though I am 1200 miles away from the properties that I have purchased, I am able to sleep well at night knowing that you are taking care of all of the management details for me. I have owned and managed properties in the past and know what a headache that it can be. In fact that is what drove me out of the business 10 years ago.
About 6 months ago I started attending real estate seminars to learn new techniques of how to buy and sell houses quickly. The more that I learned, the more that I realized it was going to be difficult for me to do anything with the information living in the area that I live in.
While at one of the seminars, there was a man going around telling anyone that would listen, what a great opportunity that he had found in Memphis. I talked with him about it and he put me in touch with you. I have to say Chris you were and still are very patient with me and answer all of my questions. After speaking with you and doing as much research as I could about your company I decided to buy my first house. About 1 week after purchasing the house I took a trip to Memphis to attended your local REA meeting, go to your 2 day seminar and bus tour, sit in on your bi-weekly rental meeting and just get to know everybody that I would be doing business with.
During that trip you showed me your truly turn-key system of finding houses for investors, funding the houses, rehabbing (at a very reasonable price), finding tenants to live in the house, managing those tenants and refinancing the houses with permanent financing.
When I got back from my trip to visit you, people started asking where I had gone and what I was doing. I am sure my excitement showed on my face and in my voice as I started to tell people about your company. The reason that I am sure is that 4 of my friends have already purchased their first houses in Memphis and others are watching thinking it is too good to be true. (I try to assure them that it is not too good to be true. Your company is the real deal.) I am sure some of them will be buying in the future.
I have now purchased 4 houses in 4 months and I am in the process of buying my 5th house in my 5th month. The 4 houses that I have already purchased are all refinanced with permanent financing and have all been rented within 1 week of the rehab being complete.
It is a pleasure to see that there are still honest people like you in the world. You do what you say you will do and when things don’t go exactly as planned you are there to help make things right. Even in the current climate with banks collapsing all around us, you have still been able to help me to move forward to reach my goal of purchasing 20 investment properties.
I look forward to a long relationship with you and everyone at Memphis Invest. Keep up the good work!
Sincerely,
Roy---Hopewell Jct., NY
As you are well aware of there are a myriad of investment opportunities for investors. For the past few years my partners and I have been investing in construction opportunities, however times have changed and we have found construction declining with very little profit. We had come to the conclusion that we would all have to ride out the slow times before reinvesting in the market.
It wasn’t until I was introduced to Memphis Invest.com, followed up by the seminar your company held, that I was convinced slow times were not in all aspects of business. I was able to refocus my investments strategies with the knowledge I obtained at the seminar and pass that information on to my group. After attending your seminar and many diligent hours of research I was unable to find a legitimate reason not to invest!! This made my job effortless and an easy sell to my group.
Because of the turnkey operation, the services the company offers, the professionalism, the relentless start to finish attitude, the entire staff at Memphis Invest.com should be very proud. My group and I have purchased over 10 homes in just the past 4-6 weeks because of the high standards your company has set for itself in customer service and honesty. This truly goes a long ways in building our confidence with regards to purchasing additional properties. I do not believe there is another company that offers such a program.
In closing I would like to thank, You, Kent, and Hulet for making real estate investing so painless and please pass the thanks on to the rest of the office staff.
Sincerely,
Dan---San Felipe, CA
I wanted to take time to thank you and your team for making real estate investing a reality for me. Until I found you and your organization, I didn’t have the knowledge or time necessary to become a true real estate investor. Your turn-key approach has turned my desire to become a profitable real estate investor into fruition. With the time constraints of my job, I could not find a way that made investing in real estate possible. You have taken all of the worry and the time consuming multiple step processes and streamlined them into something that is not only bearable, but enjoyable! You have taken the entire process from locating a property, to funding, to closing, to rehabbing, to permanent financing, and finally to finding and managing tenants and made it simple.
I have to admit that when I first heard about your process, I was skeptical. Would and could a company actually do everything that you promised? You set the bar high for yourself, and I thought that it would be difficult to reach your goals. You have far exceeded what was promised. I could not ask for an easier way to buy, own, and hold rental real estate without any of the hassles.
When people ask me what I do in real estate and I explain that I have “people” that help me purchase rental property for little or no money down, rehab the property, locate tenants and manage the property for me, most people don’t believe me. You have shown me the missing link in the process and made the outlook for my future brighter.
As you know, I have purchased 10 homes over the last 10 months with plans for many more. I look forward to moving closer to my goal of building assets and income streams for retirement. At the current rate I am going, I can comfortably retire before I am 50 years old with more than ample assets and income to last the remainder of my life.
Thanks for what you and your associates do for me and my family.
Sincerely,
Brian---Memphis, TN
I wanted to thank you and your associates for the easiest real estate purchasing process I have ever experienced. Your company is truly a one stop shop for real estate investors looking to invest in the greater Memphis area. Your company has put together a great network of local professionals to create an efficient means for investors to acquire, rehab, and manage real estate. Securing hard money for the purchase and rehab of my property was simple and took little time to close. Rehab was completed on time and within the estimated budget listed on the website. By the way, the rehab crew did a tremendous job! Refinancing was just as simple and unproblematic as securing the hard money loan. I am truly looking forward to working with you and your associated again in the near future.
Respectfully,
Patrick---Sacramento, CA
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