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Memphis Business Journal Article on Memphis Invest

  
  
  
Memphis Invest Small Business Real Estate Investing

Memphis Business Journal - Small Business of the Year Nominee

The winners will be announced on Thursday night May 23rd at a special dinner, but today they published articles on all of the finalists.  This is our second year to be nominated, which is a tremendous honor.  To be considerd one of the Top 5 companies in Memphis (we are in the 25-75 employee category) really speaks volumes not about us as owners, but about our people.  Easily, the best staff in the business.  If you want to see the article online at the Business Journal, I have included a link.

3 Sure Fire Ways To Fail At Real Estate Investing

  
  
  
Memphis real estate

It seems that a week cannot go by without my in box getting bombarded with "fool-proof" investment ideas and opportunities. Add to that the laundry list of emails I get with new products and services that all promise magic bullets or towering pillars with all the steps I need for real estate success. If that were not bad enough, then come the emails from investors asking if I can help them follow through on their risky real estate investing plan or if we offer strategies that, in my opinion, are doomed to fail. So this week, I decided to write a tongue-in-cheek article assisting all those investors who are attracted to sure fire failure. Here are three sure fire ways to fail at real estate! 

Memphis In May Weekend A Big Hit For Real Estate Investors

  
  
  
Memphis Real Estate

A Real Chance To Show Off Memphis Real Estate

Memphis Invest just concluded their 5th Memphis In May With Memphis Invest real estate weekend and I can say with all humility that this years' event was the best by far!  We had the largest group of investors we had ever hosted, which presented a lot of challenges for us from logistics to presentation and simply hosting in general.  We always want everyone to feel like they are the only real estate investor in the room and judging from the comments, thank yous and emails we have already received since the event ended on Saturday, I think we achieved our goals!

Memphis Food: What to Eat While You're in Town

  
  
  
Memphis food

There are a lot of reasons that investors come to Memphis for real estate.  Low prices, above average rental ratios and a solid recovery taking hold are just a few of the reasons.  But in this article, we're going to talk a little bit about the real reason real estate investing is going crazy here in Memphis. I'm talking, of course, about the food!  

Real Estate Strategy: Flipping Homes, Memphis Style

  
  
  
real estate strategy

"Flipper" is more than just the name of a famous television dolphin, folks. And if you are one (the real estate variety, not the TV dolphin kind), then Memphis, Tennessee, is the place to be right now.  Memphis has long been a hot bed for the long-term buy and hold real estate strategy, but there is room on that list for other opportunities.  With the real estate climate heating up and the opportunities staying hot, Memphis has moved up on another real estate list.

Memphis In May With Memphis Invest...1 Week out!

  
  
  
Memphis Invest Event

Memphis Invest Team Getting Fired Up!

We are super excited that we are only 1 week away from what has become a signature event for our company and a whole lot of fun.  We have been asked a lot this past week about being able to attend if you have not registered and the answer is yes...but, we really need you to register first so we are able to prepare for the size of the crowd.

Memphis Responds to T.J. Simers on Grizzlies - Clippers NBA Matchup

  
  
  
I love Memphis

We Could Invest In Real Estate Anywhere...We Choose Memphis!

There is something special about Memphis and the people who live here.

Memphis Real Estate | 1st Quarter Results From Memphis Invest

  
  
  
Memphis real estate

Positive Trends For Investment Real Estate Continue

Memphis Invest, GP and related company Premier Property Management Group released 2013 First Quarter Results on Sunday April 21st and a positive trend for the real estate investment company and their clients continues.  Demand for investment property and opportunity continue to remain strong in both Memphis and Dallas and portfolio performance as well as client satisfaction remain high.  Sales at Memphis Invest, GP grew year over year 110% and tracked even compared to the 4th quarter of 2012.  As demand from existing clients continues to pick up, we expect to see growth throughout the year.

"This has been a very strong quarter for each of our companies from buying and selling to renovating and managing both in Memphis and Dallas and we are on pace for another year of strong growth in 2013", according to Kent Clothier, Sr.

Memphis Invest, GP, which reports the numbers for each of the companies, has seen investment property sales in Memphis and Dallas grow steadily each quarter going back to 2011.  Two factors that lead to the steady growth are numbers of clients served and their continued participation in the market.  Premier Property Management is managing portfolios for 692 investors as of April 1.  Those investors were very active in the market during the 1st quarter as 64% of closed sales transactions went to existing clients.  Those two number show that investors continue to have a high level of satisfaction with their existing portfolios and the performance not only of the properties, but also of the management of the portfolio.

"This is a great guage for the success of our property management company and my team.  We are trying to perform at a very high level both in terms of the way the properties perform for clients and in the way we provide customer service and if those two factors remain high, then our clients will continue to trust our company and build their portfolios" says Nate Gray, Director of Premier Property Management.

No Changes In Memphis Investment Plans
 

Memphis Invest, GP sees no changes in the current plan for acquiring, renovating, renting, selling and managing property in the Memphis or in the Dallas markets.  Each market has unique characteristics, but both remain solid investment markets with opportunities for investors to purchase investment properties.  Rents continue to strengthen in many of the neighborhoods and sub-markets of the cities where we are buying and those areas will remain as our focal points.  We do continue to explore other cities and have two cities on a short list for future expansion in late 2013 early 2014.  Be on the lookout for those announcements!

1st Quarter Numbers

Sales 

136 Properties Closed (investors purchased)














Memphis Invest Shares 3 Small Business Groups Helping Entrepreneurs

  
  
  
small business organizations

Starting a small business -- or growing the one you already own -- can be a daunting task. The small business owner must wear many different hats, and he or she must do so with resources that are often in short supply.  Memphis Invest has been blessed to come through the last few years of massive growth as an extremely strong company and we wanted to write an article showing other Memphis business owners a few organizations where they can get help and guidance.  Being honored last year as one of Inc. Magazines 500/5000 Fastest Growing Companies was huge for us and we'd love to see more Memphis small businesses on the list!

Tips For Lowering Real Estate Taxes

  
  
  

For counties and municipalities across the country, property taxes are the gift that keeps on giving. In both good and bad times, American cities and counties seem to find a way to burden their residents by raising these pesky levies. Since mortgage lenders often automatically shunt future property tax payments into escrow accounts each month, many equity-building homeowners don't even focus on the fact that they're paying hundreds or thousands of dollars per year to their local governments.  This year, Shelby County, Tennessee, which is the county where Mepmphis is located, is assessing the value of every property and adjusting rates.  Some are going up and some are going down.  Event though we manage close to 1,600 single-family rental properties in Memphis, it makes sense to think about our own homes tax appraisal.    

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