Real Estate Investing: How Real Estate Handouts Effect Us All

Posted by Chris Clothier on Mon, Jul 30, 2012

Do Government Programs Help Real Estate Investing

I was surprised recently when Brett Clothier showed me the closing documents on a property we were purchasing.  We had been waiting for months for the deal to close as it was a short sale that the seller had to negotiate.  It was a good deal for us and after we complete the renovation work, it will be a great deal for one of our investors.  What we had no idea about on the front end, was just how good a deal it was for the current owner. I recently wrote an article detailing not only this deal, but how some of the programs put out by the government have been abysmal failures and yet they somehow continue to survive.

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Topics: buying discount investment property, Memphis discount properties, government housing programs

Real Estate: Memphis Economy Feeling The Impact of Electrolux

Posted by Chris Clothier on Wed, Jul 18, 2012

Local firms have felt the initial impact of Electrolux moving to Memphis to the tune of $64 Million in contracts

When Memphis Invest, GP travels to different parts of the country meeting with investors, one of the first suggestions we make is to forget about the houses for the time being and concentrate on the market.  More to the point, concentrate on the economics of the market and the fundamentals of that economy.  Memphis and even Dallas, which is our newest market (more on that later) both have strong economic prospects.  Once an investor has identified that the market they are studying, then the team and investment property decisions can be made.

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Topics: invest in Memphis real estate, Memphis Economic News, Memphis real estate news, investing in Memphis foreclosures

The Truth About Discount Properties

Posted by Chris Clothier on Sun, Jul 15, 2012

In the midst of the slowly recovery from the recession and housing crisis, there are some amazing deals to be had. However, not all of these deals are as good as they look on paper. If you are looking at discount properties for personal use or for use as investment properties, be sure that you look closely before you leap.

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Topics: buy discounted properties Memphis, real estate investment firm, discount properties