Memphis Property Management Company | By the Numbers!

Posted by Chris Clothier on Wed, Mar 11, 2015


Premier Property Management Group Continues To Impress

Premier Property Management of Memphis and PPMG of Texas have both been seeing this same trend their management portfolios since the4th quarter.  A rise in rental rates over-all, a rise in demand for our services and a decline in vacancies.  Each city have seen increases in lease extensions coupled with fewer monthly move-outs.  We cannot say for sure that these trends are company specific or if they are related to the cities themselves as there is very little published data. 

What we can say is that an increased focus on staff, training and service to tenants has absolutely paid off.  We continue to have the outlier properties that take  a little longer to rent for no rhyme nor reason and we continue to turn down un-qualified applicants only to have them complain.  However, both scenarios continue to occur on a decreasing scale and happy, satisfied tenants continue to extend leases at an increasing rate.

Over-all, we are thrilled with the job our teams in Memphis and Dallas are doing!  Here is a quick breakdown of some key numbers:

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Topics: Memphis investment properties, Memphis cash flow, Memphis property management, turn key real estate investing

Memphis Named As #1 In Another Real Estate List...

Posted by Chris Clothier on Sun, Apr 7, 2013

Memphis, TN. Named #1 City For Single-Family Rentals

Realtytrac, the California based on-line foreclosure marketplace has quickly become a fantastic data aggregation site as well and their recent release naming the Top 20 markets to buy single-family rentals made a lot of headlines.  Using data, Realtytrac names the 20 Top Markets by price point and income potential.  At Memphis Invest, we realized several years ago that there were certain dynamics that made Memphis unique when compared to many cities around the country.  This has been fairly well documented by the number of times Memphis appears on man Top lists for everything ranging from affordability, retirement, starting a business, starting a family, receiving health care...and now for investing in single-family homes.

The report names several cities located from Nevada to Florida and several cities in between.  However, we want to make sure the focus remains on the opportunity to invest and remind everyone that opportunity alone does not make a property a good investment.  We have spent years trying to find the balance between opportunity and security to help investors make smart, well thought out decisions instead of hasty decisions that leave an investor saddled with a poor investment in a great investment city.  A great partner with excellent response and service as well as high quality property management have to be in place for an investor to be able to maximize their investment.  There is a lot of competition for individual investors and a lot of poor quality investments being peddled looking for high-risk investors.  Conservative investors who value patience, stability and long-term outlook have a chance right now to knock the opportunity out of the park.  It appears that Realtytrac agrees.

"Buying single-family homes as rentals that actually generate good monthly cash flow has become more difficult over the past year as institutional investors crowded into the market, snapping up tens of thousands of properties in 2012 alone," said Daren Blomquist, vice president at RealtyTrac. "But there are still opportunities for the more conservative, individual investor to buy rental homes that generate a healthy return on investment. It often just takes persistence and willingness to pass on bad deals. The top 20 markets we selected represent the best chance to buy rental homes that generate good cash flow, but opportunities are available in most markets across the country given the combination of relatively low prices, low interest rates and a strong rental market."

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Topics: Memphis cash flow, Memphis Invest, Realtytrac, foreclosures in memphis

Premier Property Management Memphis | November Rental Numbers

Posted by Chris Clothier on Sat, Dec 15, 2012

Premier Property Management Memphis Performance

Another month has come and gone and it feels like the Memphis real estate market continues to heat up on multiple fronts.  Their are definitely conflicting numbers being released by different groups all wanting to paint the real estate picture in Memphis a certain way.  Home sales are up and sale prices are up.  But, foreclosures and short sales are also up and while it appears homes are selling for slightly higher prices, the pace is still way off from what a normal housing market looks like.

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Topics: Memphis investment properties, Memphis cash flow, Memphis real estate, Memphis property management, Memphis Turn-Key

Excellence In Real Estate Investment Requires Planning

Posted by Chris Clothier on Fri, May 25, 2012

Planning is an essential part of any organization and as the old adage goes..."failing to plan is planning to fail"!  As real estate entrepreneurs, the Clothier family has always taken time out to plan for what comes next whether it be event planning, sales planning, planning for new hires or even planning the changes within the office to assist in growth.  When it comes to planning for excellence, that is something that happens daily.

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Topics: Memphis investment properties, Memphis cash flow, Memphis Invest, memphis real estate investing companies

What is the Current State of the Cash Flow Real Estate Market?

Posted by Chris Clothier on Wed, Apr 25, 2012

So you're thinking of investing in cash flow real estate. On the nightly news, it seems like the housing market continues to experience ups and downs, and you're uncertain about how to proceed. So what exactly is the current state of the housing market?

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Topics: Memphis cash flow, investment real estate advice, Cash Flow Real Estate, rental properties for sale

Learn More About Cash Flow Real Estate

Posted by Chris Clothier on Thu, Mar 15, 2012

So you want to learn a little more about cash flow real estate before you take the big plunge. It can be hard to know what to think about all of the information available online about real estate investing and rental properties for sale. What is reliable? What is too good to be true?

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Topics: Memphis cash flow, buy discounted properties Memphis, investing in Memphis real estate, Memphis Invest Rehab Services, Passive Cash Flow

Real Estate Investing | Memphis Foreclosure Activity Up

Posted by Chris Clothier on Tue, Oct 18, 2011

Realty Trac is reporting that foreclosure activity in Memphis is up four straight months and even though some in Memphis are disputing that, the trends we are seeing follow the reporting from Realty Trac pretty closely.

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Topics: Memphis investment properties, Memphis cash flow, buy discounted properties Memphis, Brett Clothier, investing in Memphis foreclosures

Memphis, Tenessee is Top 10 Real Estate Market 1st half 2011

Posted by Chris Clothier on Tue, Jul 12, 2011

10 Best-Performing Major Housing Markets

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Topics: Memphis investment properties, MemmphisInvest.com, Memphis cash flow, investing in Memphis real estate

Real Estate Investing Companies | So what's the secret?

Posted by Chris Clothier on Wed, Jul 6, 2011

As happens so often in business, it is easy for their to be un-intended circumstances that come from even the simplest of actions.  Many companies love to tout their long-term business models and forecast on the strength and volume of their business.  When it comes to smaller operations (ones like ours) where there are fewer than 50 employees and often times little changes lead to big things, it is very easy to draw a line between actions and results.

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Topics: invest in Memphis real estate, Memphis investment properties, MemmphisInvest.com, Memphis cash flow, Discount investment property

Typical Memphis Investment Property | Video Walk Through

Posted by Chris Clothier on Tue, Jun 14, 2011

So this ain't your typical video walk through of an investment property.  When Memphis Invest tackles a new investment property, they are concentrating on one thing...how much passive cash flow will this property produce for an investor!  MemphisInvest.com has helped over 300 investors purchase cash flow real estate in Memphis and today operates one of the top property management companies in the country. 

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Topics: invest in Memphis real estate, Memphis investment properties, Memphis cash flow, Cash Flow Properties, Chris Clothier, Memphis property management, Brett Clothier, Ryan Flannery