Premier Property Management Group Releases National Survey & Study

Posted by Chris Clothier on Wed, Feb 27, 2013

A new, National Survey sponsored by Premier Property Management Group was released this week discussing the long-term impact of renters in single-family homes.  Real estate investing has been a hot topic for the last few years and the media has really picked up the pace of reporting on large hedge funds buying property around the country.  As investors take a bigger role in purchasing distressed properties, no one has studied what the intentions were or the future plans of the renters who are occupying these properties.  There have been a lot of questions, but not a lot answers when it comes to what are the "new" renters going to do when they have the opportunity to purchase property again?

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Topics: real estate investing, Memphis Invest, Premier Property Management

Advice: Active Real Estate Investors - Invest Your Profits!

Posted by Chris Clothier on Fri, Feb 22, 2013

This post is aimed directly at real estate investors who are buying properties as a way to generate additional income.  So often, we forget that the income that is coming in has value too.  Not just in our pockets, but also as part of your long-term investment strategy.

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Topics: Memphis real estate investing, real estate profits, real estate leverage

Memphis Small Business Climate Exploding With Entrepreneurs

Posted by Chris Clothier on Sun, Feb 17, 2013

Memphis Is Ready For A Growth Leader

Over the past two months, we have been reaching out to different community partners, government programs and other business leaders to get a sense of what the real potential was for a new project we have had in mind.  As a local real estate investing business, we have been blessed to grow at a time when a lot of other companies in other industries are struggling.  Why?  Because our business has never been real estate.  Our business has always been customer experience.  So while we have been blessed with growth and the ability to help a lot of other companies grow and thrive as well, we have begun to think what could be next and what impact can we have on a bigger scale within the community.  We have met with some big names to gather inspiration and even traveled the world to meet them, but have always come back to what lies three feet out our front doors.  The great city of Memphis!

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Topics: Memphis Invest, EDGE, LaunchMemphis.org, Tony Hsieh, Memphis entrepreneurs

How Saying 'NO' Grew Our Real Estate Investing Business

Posted by Chris Clothier on Fri, Feb 15, 2013

Every so often, I like to circle back around to topics and re-illustrate a point for our readers, staff and even our clients.  I happened to be talking to another passive real estate investment company last week and they were asking me about weeding through all the calls and requests they get from potential investors.  They relayed that they were getting a hundred or more calls and emails a week from interested investors and often they were spending a lot of time on the phone with no real chance of helping the investor get started.  For a myriad of reasons, the investor was not a good fit for their company.  I pulled a line from an article I had written almost a year ago to try and help them get over their hurdle:

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Topics: real estate investing, customer service, advice for real estate investors

Memphis Real Estate Foreclosures Dropping?

Posted by Chris Clothier on Thu, Feb 14, 2013

I know it sounds a bit crazy, but when talking about Memphis real estate and the role that foreclosures have on the market, there are some words that just don't seem to go together.  Take for instance using ‘Stable’ and ‘Foreclosure’ in the same line... or sentence for that matter.  It sounds a bit oxymoronic, right?  I am fairly sure, although not entirely positive, that is a word!  

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Topics: Memphis real estate, Memphis foreclosures, real estate appraisals

Memphis Real Estate Sales Show Big Growth To Start 2013

Posted by Chris Clothier on Thu, Feb 7, 2013

Memphis Area Association of Realtors Reports Big Growth

The Memphis Area Association of Realtors (MAAR) showed a tremendous increase in year over year sales for January to start 2013.  The association released data entered into the MAARdata property records database showing over 1,250 sales for the month of January which was a 46% increase over January of 2012.  The total number of properties sold was also an 8.9% increase over December of 2012.

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Topics: Memphis real estate, Memphis Investment Property, buying out of area, MAAR

How To Increase Rental Investment Property Value

Posted by Chris Clothier on Fri, Feb 1, 2013

Many Memphis real estate investors are buying their investment property as a long-term buy/hold strategy.  The properties should produce a consistent return on investment, but the main strategy should not be waiting for value increases and then selling for a profit.  Memphis is simply not a market where appreciation is the main investment prerogative. 

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Topics: Memphis real estate, increase investment property value