We get asked all the time why we don't send out emails to our entire list of the latest and greatest deals that we have available. That is, after all, the traditional way wholesalers sell their properties. They spend a lot of time getting as many emails as possible, throw those email addresses into an email tracking system and start pounding that list with everything you get under contract. When I get asked why we don't send out houses by email I give two easy answers:
Real estate is being added to the investment portfolios of Americans and more are looking for real estate to provide a passive income stream in their retirement years.
Real estate investing sometimes gets a bad rap from investment advisers. They often prefer REIT's and other supposed easier forms of investing in real estate because it's easy for them to track and control their clients portfolios. I don't begrudge them for that attitude, I just think it short changes an investor and eliminates a very powerful source of income when investors will need it most...retirement.
I wrote this blog after reading an article in the commercial appeal that is linked here about interest incomes plunging in America.
Property management By The Numbers
I have been making a concerted effort to keep the numbers up to date each month on here for all our readers and clients. But, I also want to make these posts as a way to give a lot of credit and praise to Premier Property Management. By far, that is the most thankless part of our entire business from staff to clients and we all owe them a big thanks for the effort and attention they give to our portfolios...including mine! There is a reason Premier Property Management is quickly growing into the largest Single Family resident management company in Memphis.