When you consider your finances, what do you think about? Do you feel a sense of excitement, or does it provoke anxiety? Do you focus on savings, or scaling your wealth? Your mindset about money can say a lot about your potential for success.
This week we have another Memphis/Mississippi area 'Turnkey Transformation' for you! In addition to Memphis, Dallas, Houston, Little Rock, St. Louis and Oklahoma City, there are plenty of smaller, nearby markets that Memphis Invest has been able to enter in these sprawling cities. Mississippi provides plenty of opportunity for investors and residents to get the 'perks' of being near Memphis but still being in the outer suburbs of the metro area.
In real estate investment, scaling your portfolio is absolutely essential to your long-term investment success. We don't ride bikes with training wheels forever and we don't stay in the shallow end of the pool.
Topics: building a portfolio
When we consider real estate investment, the important factors aren’t always home prices, interest rates, and realty data. While these things can provide insights, we can find a more rounded, telling picture when we look at the overall condition of a market. When we do a deep analysis of a market to determine whether or not it is worth bringing turnkey investment opportunities to our investors, for example, we look at a great many economic factors in our prospective markets.
We're in Houston for this week's Turnkey Transformation, where we have a 50-year-old home that gets quite the extreme makeover! You'll see a new roof, garage, floors, paint, fixtures and plenty of updates! Make sure you look at all our before and after pictures, there's a lot to see in this transformation!
As much concern as there seems to be about the state of the housing market at the end of the year and going into 2019, there is a more specific conversation to be had about the U.S. rental market. For buy-and-hold and turnkey real estate investors, this is perhaps the more pertinent discussion to be had.
Topics: rental markets
The U.S. housing market is in a slump. 2019 is bringing with it a flurry of predictions and speculations, many of which have to do with the shifting environment. Are we due for a bubble burst? Unlikely. The conditions in which the housing market crashed in 2009 are wildly different than the conditions we're currently experiencing.
Who doesn't want to retire early?
Most of us feel like early retirement is out of reach, but that just simply isn't the case. It is only beyond reach if we allow it to be. With the right financial strategy, preparing for early retirement doesn't have to be difficult or intimidating.
Oklahoma City, Oklahoma tends to fly under most people's radar. Unless you live there and are already personally invested in some way, it's not likely that you pay all that much attention to OKC. It seems, however, that more heads are turning in their direction these days as MarketWatch has named Oklahoma City among the best cities for millennials for good jobs and good homes.
Today we're in Dallas, TX for our Turnkey Transformation of the week! This 3 bedroom, 2 bath home is dark and damaged and in need of quite a few repairs. Not only did we put on a new roof, we replaced any rotten wood in the home as well as built a new wooden fence. Once our project managers and vendors finished the job, this property looks as good as new! Scroll down to see the completed renovation and to see all of the before and after pictures!
As 2019 kicks off, one item growing on many of our to-do lists is taxes. As records begin to trickle in and your documents get in order, you begin to sort out every last financial detail so that you can pass it all over to your trusted CPA. After all, you want your tax return back as soon as possible.
Whether You Read Books or Listen to Audio Books, You NEED to Add These Books to Your List!
Every year I try to put together a list of books that I enjoyed reading the previous year. If you have read my lists in the past, you know that I often list books that I read over and over again because they are that impactful!
This year, I wanted to share the books that had really impacted my thought processes and even inspired me to take action. As usual, not all of these are real estate books nor are they all investing books. I strongly believe that in order to succeed, you have to surround yourself with the right people, the right resources, and the right attitude and these books are a great place to get started! If you're wanting to become a more successful investor and entrepreneur, I hope you check these titles out - each book image is linked to Amazon for easy shopping!
Rest assured though, we do not have a sales account with Amazon so we are not sharing links where we make money. These are just for easy access for you!
We're starting off 2019 with a drastic Horn Lake, MS 'Turnkey Transformation'! You can probably tell that this property has encountered quite a bit of fire damage, so these before and after pictures are very dramatic to say the least. And you may also be wondering, when did Memphis Invest start acquiring properties in Mississippi? In addition to Memphis, Dallas, Houston, Little Rock, St. Louis and Oklahoma City, there are plenty of smaller, nearby markets that Memphis Invest has been able to enter in these sprawling cities.