Real Estate Investing & Entrepreneurship | Why Scars Matter

Posted by Chris Clothier on Fri, Mar 17, 2017

Real Estate Investing & Entrepreneurship 

With over 35 years under his belt as an entrepreneur, Kent Clothier, Sr., CEO of Memphis Invest, knows a thing or two about what it takes to be successful.  From building a high-quality team and keeping that team focused on customer service to inspecting what you expect from every vendor and service provider doing business with our company and clients, Kent Sr. has helped set the tone for the success of Memphis Invest.

Real estate investing is not an investment that investors should just jump into with both feet.  When it comes to Turnkey real estate especially, the team you choose and the level of their experience is critically important.  If there is one thing that sets apart the ownership and leadership at Memphis Invest from other Turnkey real estate providers, it is the commitment to building and developing a phenomenal team.  That dedication to development start at the top.

Recently, Kent Clothier, Jr. hosted Kent Sr. on his weekly podcast, The Time Is Now, to discuss his history as an entrepreneur and the unique way in which we built Memphis Invest and Premier Property Management.  This podcast may be short, but it is PACKED with great advice and practical insight into how each company operates today.   

Get ready, because this is a fantastic listen!

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Topics: Memphis Invest

8 High-Impact Renovations for Your Investment Property

Posted by Chris Clothier on Tue, Mar 7, 2017

So you’re thinking about remodeling your investment property. You want to increase your property value, up that rental price, and, down the line, maybe resell your property for a lot more than the purchase price. Pouring into your investment property can be a great idea, but it can be a monumental task—you need to make sure your property renovations are well worth the effort!

Here’s the question: we know that the best ROI comes from renovating the kitchen and bathroom. Everything else is secondary. But do you know what renovations within those broader categories really make a strong impact?

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Topics: Memphis Invest

REI Voice Features Memphis Invest in Latest Issue for Real Estate Investors

Posted by Chris Clothier on Wed, May 18, 2016

Quality Counts: How the Clothier Men Took Over the Investment World, One Good Transaction at a Time

By Hannah Ash (To read the original story in it's entirety in the Spring 2016 issue of REI Voice, please click here. )

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Topics: Memphis Invest, REI Voice

Memphis Real Estate Picks Up for Homebuying Season

Posted by Chris Clothier on Fri, May 29, 2015

Welcome to the peak home buying season of the year! The first quarter of 2015 was sluggish in many real estate markets, Memphis included. The cold temperatures combined with lingering recession struggles and aftereffects of the market crash meant that things were slow to take off.  But now, it looks like Memphis real estate is in for an upturn.  One big reason...real estate investing!  As more and more are turning to renting a property rather than buying, the opportunity for real estate investors continues to grow.

Don’t get us wrong, the market wasn’t bad in the first quarter — homes were selling and home building was on the rise in Shelby County. There just wasn’t significant growth during the difficult months of February and March. By the same token, there wasn’t a decline in growth, either, which has lead to much optimism for the second quarter among real estate professionals.

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Topics: Memphis Invest, Memphis, real estate market

The Truth About Turnkey Real Estate

Posted by Chris Clothier on Thu, May 28, 2015

This may be one of the most important articles on real estate you read this week, so pay close attention.  Those words are not just hype either.  This is an important topic for my family and our company.  We have seen many investors get hurt by purchasing Turnkey properties from unscrupulous companies.  However, we have seen even more investors get hurt by purchasing from inexperienced companies who use marketing gimmicks to sell their properties.  

Turnkey investing continues to be a very hot topic in real estate circles today and more and more investors are asking questions and wanting to get started.  You may be one of them.

On a daily basis there could be from half a dozen to two dozen conversations involving turnkey real estate on real estate forum sites and it seems like they are increasing in frequency. Those conversations may involve questions from new investors to advertisements of opportunities, but almost all of them get comments from investors who hate the concept. Some are uninformed opinions, and others are comments from experience, but all seem to point to two clear conclusions:

  1. There is no definition of what turnkey real estate really means.
  2. The worst investment you can make is a cheap $40,000 turnkey property!

Read this article carefully, and pay close attention to the end. If you are thinking about buying turnkey investments, there are many great opportunities all around the country.  However, it is clear there there are many more opportunities that are not good deals.

The intention of this article is not to get investors to purchase from our company.   If we are good fit for an investor, then that will take place in due time.  The intention is to help educate investors on how to avoid the biggest issues facing them today with Turnkey properties.  There are too many small companies, either intentionally or unintentionally, preying on investors needs and failing to provide them with proper investments.

Investors have to be patient, honest and smart with their decisions if they are going to make turnkey real estate investing work.  Investors themselves are often the biggest obstacle to making turnkey portfolios work, and I give a few ideas at the end regarding which investors this concept works for best!  

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Topics: Memphis Invest, turnkey real estate

4 Things to Know About the Houston Real Estate Market for 2015

Posted by Chris Clothier on Sat, Nov 22, 2014

As investors, we always need to keep pace with the markets we have our hands in and have our eyes peeled for what’s growing. Memphis Invest grew into the Dallas, TX market going on three years ago and that market has really taken off.  Today we have an incredible team at Dallas Invest, which is simply a satellite office.  A brand name if you will offering the same quality as Memphis and developing the same standards and culture as Memphis and the market is really responding well.

Lat year, we turned our eyes toward Houston, Texas as demand for more property from our clients continued to grow.  We wanted to offer choice.  But not just any choice...

We wanted to specialize in great markets and as we grew beyond Memphis and Dallas, Houston was at the top of our list.  It’s pretty easy to see that Houston is dominating the real estate market. It’s competitive, fast and in high demand all around. Investors are turning their eyes to many Texas cities to grow their portfolio, including Dallas-Fort Worth and Austin, but Houston is arguably the crown jewel.

We started our third brand in Houston Invest and recently hired two GREAT team members to continue building out our office and team.  We have a great office location and great team and we really love the Houston market.  The projections for Houston’s real estate market are very, very good.

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Topics: Memphis Invest, Dallas Invest, houston real estate, Houston Invest

A Great Day With Real Estate Investors in Dallas

Posted by Chris Clothier on Sun, Oct 12, 2014

Memphis Invest and Team Visit With Real Estate Investors in Dallas

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Topics: real estate investing, Memphis Invest

2014 Mid-Year Review for the Memphis Invest Family of Companies

Posted by Chris Clothier on Thu, Jul 31, 2014

2014:  A Very Successful Start for Real Estate Investors

Well, we are halfway through the year and we are looking at a cup that is ready to over-flow not only for our company and our team, but for every real estate investing client we work for.  And...make no mistake about it, we WORK FOR over 800 clients around the country every day!

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Topics: real estate investing, Memphis Invest, real estate investor, Dallas Invest, Houston Invest

College Grads Hit the Houston Real Estate Market

Posted by Chris Clothier on Tue, Jun 3, 2014

Millennials don’t have it as easy as we like to think. Recent college graduates deal with a slew of financial stresses thanks to the state of the U.S. economy and it appears that buying real estate is only one of those stresses. It feels nearly impossible to attend college without incurring some amount of student debt, and the job market, while improving, is still challenging. It’s hard to start a life and find success if you can’t find a job with that new degree.  If you can't find a job, then you sure can't buy a first home much less invest in real estate.  

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Topics: real estate investing, Memphis Invest, real estate investment, houston real estate, Millenial

Customer Service Is Not A "Spare Time" Attitude!

Posted by Chris Clothier on Wed, Nov 13, 2013

The Memphis Invest Customer Service Team

Carol Henderson and Cyndy McCrary of the Memphis Invest customer service team spent two days last week at the Secret Service Summit event in Ohio learning from and working with some of the top customer service experts in the country.  IT was a great opportunity for the team to get a first hand look at how other companies and even some of the experts in the field of customer service are staying ahead of their competitors and providing great service to their clients.  We have been asked before why we put such a focus on customer service and why we are constantly telling the story of being really great at it for our clients.  I think that receiving thank you notes like this one really sum up our commitment:

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Topics: real estate investing, Memphis Invest, customer service, exceptional customer service, Secre Service Summit