Purchasing a home can be a stressful experience. Luckily there are real estate agents who are knowledgeable: they understand the process, the time it takes to get through each phase of the process, and can navigate potential hurdles. For most people this is an adequate system in spite of the fact that it puts much of the burden on the purchaser. However, if your intention is to buy several investment properties in a year, this system would quickly eclipse the rest of your life, becoming a full time job. Hassle-free, turnkey real estate investing companies such as Memphis Invest specialize in relieving the purchaser of these burdens.
There are differentiating factors in the nature of the property desired. Put simply, the criteria used to find a home for you and your family is different than the criteria for an investment property. Investment property should be examined objectively. Memphis Invest can help investors maintain their objectivity and purchase a property with the best chance for long-term profitability. The factors in determining the value; or in most cases, the projected value of a property are well documented within the industry. The formulas used are mature and well understood by real estate investment companies. Locating property meeting the criteria, whether in Memphis, TN or elsewhere, is but one step in this process. There are inspections, zoning considerations, remodeling potential to be assessed, among many other considerations. To illustrate this, consider this articlefrom Memphis Invest. Applying this one principle to multiple discount properties simultaneously complicates the situation exponentially. This is the burden on the buyer referred to earlier.
In hassle-free, turnkey real estate investing, a third party functions as a superhero real estate agent. Third parties such as Memphis Invest will take years of experience, familiarity with geographic areas, and an intimate understanding of industry practices in property investment and distill it. This allows the investor a complete understanding of the investment package and the ability to make investment decisions from a position of knowledge. Removing the need to do months of research, it allows investors to respond quickly to opportunities in the market. This is only possible when the burden and stress of property investment is replaced with confidence and knowledge.
real estate investors from around the world, it is music to my ears when I hear about the leadership of our city being proactive in telling the great story that is Memphis, Tennessee. I have spent countless hours on the road over the past 18 months, talking to investors from coast to coast about the advantages of Memphis as a real estate investment city and how companies like MemphisInvest.com are not alone in turning the city around. When stories like this one come out, it makes my job easier and makes my investment portfolio poised for growth in the very near future!
to do business in either America's Aerotropolis or Europe's Aerotropolis. With an eye toward the future expansion of the U.S. economy and the micro-effect the imporving economy can have on cities, Memphis is in a great position to lead the country in growth and development. Memphis is the undisputed center of U.S. transportation and disribution and being selected over other major U.S. cities adds to the creibility that Memphis is poised for huge growth and development.
Many economic experts have pegged Memphis to play a major roll in the economic recovery of the country. Real estate investing experts are expecting that to be rue as well. As the economic news for Memphis gets better, the appetite for Memphis investment property from investors around the country grows as well. Recent announcements from some big companies and the prospect of Memphis adding thousands of jobs in the very near future have piqued the interest of real estate investors.
"Memphis is not only a great location geographically for companies 
looking to relocate, but there are so many communities around the city with affordable housing options from owning to renting" says Brian Rowan, a local airline Captain with Jet Blue Airlines and a Memphis real estate investor. "Knowing that more companies are looking at Memphis as a good option to build new warehouses and manufacturing plants makes me want to continue to build my portfolio".
Recent announcements from Electrolux and Mitsubishi that promise to add over 1 million square feet of manufacturing space and 3,000 plus jobs were greeted with cheers. On Saturday February 26th, the Great American Steamboat company announced that Memphis is a finalist to land the new operation headquarters for the company on the Mississippi river. That headquarters will bring between 250 and 500 new jobs to the Memphis area.
I stay on top of what is happening in Memphis, but I let the team of experts at Memphis Invest direct me where to go" says Brian Douglas an investor with MemphisInvest.com. "I know why I like Memphis and the recent news is great, but I let them do the dirty work of finding the deals and turning them into cash flow properties".
But manufacturing are not the only jobs that are being brought to the Memphis area. Memphis is also quickly becoming one of the premier areas for Bio-Medical research with the Memphis Bio-works Foundation spearheading the drive to highlight and grow this burgeoning field. Memphis is expected to add 10,000 jobs in the Bio-Medical field in the next 6 years.
"As an investor I am watching for trends not only in the pricing of houses and rental rates, but also in the employment figures and especially the medical fields which tend to be higher paid jobs and will definitely increase the value of the properties I am buying" stated James Fields, a professional real estate investor and hospital administrator from California.
Watching these trends and keeping investors abreast of the changes is what MemphisInvest.com is tasked to do as part of the Customer Service process put in place for investors. Helping investors make smart decisions and build cash flow portfolios is made easier with news like this. If you would like to get emails once a month with all of the recent economic news you can registerwith the above button. We will only send you news on the trends effecting Memphis real estate and Memphis real estate inestors portfolios.
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A Message from MemphisInvest.com Co-Founder Kent Clothier, Sr.
Now that the cooler weather of winter is quickly approaching, I wanted to take a few minutes to express our profound gratitude to all of our clients, staff and families for supporting http://www.Memphisinvest.com in what has been a tough year for so many. We believe that four areas of our companies’ intense focus have contributed greatly to our success and the success of our clients during what many are calling the worst economic environment in history. Our passion for excellence has been ingrained into the culture of our company and in tough times like these, that passion bleeds from the entire team. Read along and feel free to comment back to me on these vitally important areas in our business.
Security
MemphisInvest.com works diligently to make the investing process with our company simple, easy to understand and most of all secure. We understand the important role we play in your financial security. When investors choose to invest with our company, they are assisting us with providing financial security to many in Memphis community as well. We are the connector of the investment cycle. Connecting investors with quality properties in neighborhoods that are faring much better with properties being rehabilitated. The many companies who perform work on your behalf for MemphisInvest.com are also providing stable and secure incomes for their families. And lastly, the tenants who occupy your investment properties are being provided with a quality property that provides all the comforts required for them to provide security to their families. With MemphisInvest.com providing the connections, our investors will always win.
Stability
Memphisinvest.com is a family owned business, as many of you are already aware. But just because every surname is not Clothier, does not change the fact that every employee at Memphisinvest.com is family! Today, we employ 20 full time fantastic people at our offices and they make up one of the BEST TEAMS you will find anywhere in the country. Whether they work for Memphisinvest.com, Memphis Invest Renovation Services or Premier Property Management – each of them works for you! We pride ourselves in providing excellent customer service and fast, friendly response to your every need as an investor. We did not build this company for quick investments. It has been built for the long run – to be here for the long-term!
Cash Flow
Many of us at http://www.Memphisinvest.com invest in the same neighborhoods as our clients and I can promise you that cash flow is as important to us as it is to you. We have stayed with a very tried and true formula for our company of picking quality properties in quality neighborhoods and negotiating the best prices on everything from the purchase to the renovations. There is so much thought and preparation that goes into every property to ensure a positive monthly cash flow and a positive bottom line at the end of the year. We firmly believe that positive monthly cash flow is the #1 reason for investors to purchase properties in Memphis, Tennessee today and there is no other company looking out for investors’ cash flow from so many different perspectives as Memphisinvest.com.
Customer Service
We pride ourselves on not just talking about customer service, but delivering customer service. Whether a client has a quick question or a major issue, our staff is available and willing to help in whatever capacity we can. With dedicated members of our team reaching out to each of our clients on a monthly basis & striving to add more access and transparency daily to the property management aspect of our business, Memphisinvest.com has shown the will and determination to be the best investment property provider, period. If there is ever anything you need from us, please do not hesitate to ask. You can call on our staff anytime.
As the holiday season approaches, I wanted to reach out and say thank you. Thank you for your support, thank you for your introductions to other investors, thank you for your trust and reliance on our company to help build your future. We value greatly the opportunity to serve your investment needs and look forward to a very prosperous 2011 for everyone!
Happy Holidays and Best Regards,
There seems to be a trend over the past year around the country where more and more investment property wholesalers are using technology and marketing to present themselves as full fledged companies. No longer the mom and pop shop working from the kitchen table, many wholesalers are trying to step up their game and build real businesses.
Well I am here to tell you, it obviously takes more than technology and marketing to actually deliver on the promises of your business, but you can do it! Behind the scenes of all the slick marketing and hoopla that gets thrown around, has to be the blood and guts of a real business, operating efficiently and driving to deliver. At the same time, there has to be a willingness to gamble - to risk a whole hell of a lot - if you are going to truly make it big.
This business is no longer about making a living and pocketing extra change - for many it has grown into an opportunity to pass something on to the next generation. I am going to let everyone in on a little secret that we at Memphis Invest have figured out...
Build a great team - take great risks - and provide great service! Not exactly a stunning revelation huh. The point is, it's not difficult, you just have to be willing. Take a look at one example from our own company, www.memphisinvest.com and then decide for yourself.
On September 1st of this year, Memphis Invest was gearing up for a live 3 day event in Memphis where a crowd of 75 investors was expected in town. With a budget of close to $15,000 their is a bit of a gamble when producing one of these events. The gamble is that investors will purchase properties that weekend. Our worst event to date produced 17 sales, so we had a pretty good track record.
Now, This is a family owned business and the biggest gambler in the family is my father Kent Clothier, Sr. He wlaked into our planning meeting and announced that in 6 weeks time we would be holding a one day event in New York where he expected the room to be full and us to be prepared to sell 15+ properties.
I'll leave out the boring details and sum it up like this. We had never held an event out of town before, we had never sold houses at any speaking event we attended AND it was entirely on my shoulders to fill the room. Today is November 24th and in the last 10 weeks, not only have we gone to New York, but he threw in an event in Dallas this past weekend as well! So we have had TWO out of town events - not just one!
The budget ballooned to over $20,000 per out of town event. Scary stuff! A real Gamble...
But here is the pay off - 28 houses sold because of those two events. 28 houses in the 4th quarter on top of our weekly sales. 28 houses that we did not have on the books on September 1st. We committed $40,000 with no guarantee of a return and no history of success. Just a plan and a gamble. And that gamble haspaid off big time!
Here is a video from the event last weekend in Dallas...and in case you are wondering. We are San Diego the week after Thanksgiving and have planned 18 trips next year to cities around the country. You read that right - we are traveling to 18 different cities and commiting to meet our clients where they live...taking the opportunity to them and showing what a great company witha great team can do for them. What the hell right - it's only gambling if you don't know the odds...
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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