It's hard to beat this kind of publicity in such trying economic times. As Warren Buffet says about investing, "We are fearful when others are fearful, and fearful when others are greedy". Memphis Invest has been greedy about real estate over the past few years as everyone from political pundits to news media to many in the real estate profession have been fearful of the markets. Our goal for 2009 is to assist as many real estate investors from around the country with building their own portfolio of undervalued, high equity, positive cash flow real estate properties in Memphis, TN. We want to let as many investors as possible in our little secret, which is a market where you can purchase a 1500 sq. ft. 3 bedroom/2 bath home with garage, fenced backyard and plenty of room to spread out for less than $75,000 ALL IN with purchase, rehab. and closing costs - AND - AND - AND cash flow that property with $250 monthly NET profit. And by the way, that property is worth $105,000 today and was sold three years ago for $125,000. Memphis Invest is a turn key operation which handles every issue and service that a real estate investor needs or wants to make buying property in another location easy, affordable and comforting.
MemphisInvest.com buys, rehabs, sells, manages houses
The Mid-South Real Estate Investors Association or MSREIA for short was founded back in 2002 as a way for individuals interested in getting started investing in Memphis real estate to network about an ever changing market without being bombarded with every new strategy and sales pitch from all the supposed experts. If you follow my blog long enough you will definitely see my tilt leaning away from all the "GURUS" (what does that mean anyway?) and experts - the high-paid "Mentors" who are more than happy to take payment for no real service - and the home study courses that drown a buyer in over-stuffed folios filled with double space typed retread that has more value as kindling for fire starter than it does as educational material. * Not ALL material or speakers are bad...I have met some who are excellent business people who truly want to assist other investors, but in MY opinion, there are a great many supposed experts who are selling nothing of value who give investment associations and companies a bad name.
So what's the big deal about MSREIA? It was founded by investors for investors and has stayed as a non-profit for the past 5 years. With the Memphis Real Estate Investing market being so unique, the REIA features local speakers who have knowledge in their area of expertise and who don't come thru the door with an arm full of sales material. IN the past 5 years they have had only 3 speakers from out of town selling home-study programs or some other form of material.
Plus they have supported local charities through the building of a Habitat for Humanity house and monetary and material donations. By focusing on local issues that are important to Memphis Real Estate Investors such as government issues, property management issues, property rehab and code enforcement issues as well as giving back to the community, the association has been able to build a large and loyal membership. In case, you haven't already guessed, I have an affiliation with the group - It was founded by my father Kent Clothier, Sr. and it still has a very family feel to it. No matter how big it grows, it continues to have a very friendly and customer service oriented feel to it and we look forward to continuing to grow it into the future.
So, if you are in Memphis or have investors looking to purchase property in Memphis or are even looking to invest yourself, this is a great networking group to look to join. It has done wonders for my network and even my ability to address large crowds and speak intelligently about local real estate investing issues. Hope to see you there!
Chris
Mid-South Real Estate Investors Association
Meeting Location - Germantown Athletic Club - 1801 Exeter Rd., Germantown, TN
Meeting Time - 11:00 Am - 1:00 Pm - 1st Wednesday of every month
Free Lunch is provided at every meeting and a guests 1st meeting is always free
Cost - $129 per year for an individual and $189 per yea for a couple or partnership.
I'm not kidding when I say that my 3 year old gave me an idea about how to explain the need to get over your fear if you are going to build a successful, wealth-building portfolio of investment properties in 2009. Let me explain... 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 thats 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 in 2009.
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I have gone on record many times with my disdain for those who want to charge $49 to $499 for one-day seminars about nothing, telling investors nothing, selling a slick package full of nothing and up-selling those investors to spend thousands of dollars on a see-nothing, hear-nothing, speak-nothing weekend in the future when their bank accounts are left with...you guessed it - NOTHING!
I have spent several thousand dollars in my investing career on education and have found some fantastic courses, fantastic books and had the pleasure of listening to many fantastic motivational speakers which have all assisted me in improving as an investor. The problem is that it is so hard to know what is good and what is bad when it comes to the volumes of information for investors to sift through. Memphis Invest decided long ago that even though investors of all experience levels will gladly pay for the information and guidance that we offer, the wiser path to follow was to offer that information and experience for free to those that truly wanted to get ahead in their real estate endeavors. The dream of having a location where real estate investors could gather and learn from each other as well as educate themselves on what options are available in today's investment world has become a reality for Memphis Invest.
With a large multi-media conference room in our new building, we are able to host investors from around the country as well as all over Memphis on a daily basis and hold weekend informational seminars on topics from how to get started in Real Estate Investing to "How to correctly calculate a properties Cash Flow". It has been a pleasure hosting investors from around the state the first two weekends in December and we look forward to our full slate of events in the upcoming year. By offering our events for free, we hope to break down atleast some of the barriers of resistance that potential investors often come up against.
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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