We live in a perpetually anxious world. It's particularly true where money is concerned. When it comes to obtaining financial peace of mind, most of us seem to believe it is out of reach. Even as we try to get a grip on our financial health, we find that even knowing good habits doesn't help us feel any better.
The temptation in passive real estate investment is to switch to “autopilot” and check out mentally. We're sold an idea of a “hands-off” investment. While this can be true, successful investors don't leave their entire investing future to the powers that be.
Topics: passive investing
This week's Transformation Tuesday is an almost 50 year old house in Oklahoma City, OK. See how this outdated single family home gets some repairs done on the interior and exterior. Plus, we'll take a look at how our team was able to complete this renovation in just 67 days and $52,000!
Investing in Texas real estate in 2019 is still a good move for your portfolio.
When we think about what causes problems for your portfolio, we don't think about the housing market slowing or slight increases in interest rates. However, when we look for evidence of good markets to invest in, we do think about what we're seeing in Dallas. At Memphis Invest, we take the investment markets we choose very seriously.
Topics: Dallas real estate
When the housing slowdown hit towards the end of the year, many began to worry about the prospect of another housing bust.
With the real estate market going so remarkably well over the past several years, particularly with so many “hot” markets growing in seemingly unstoppable ways, there began to worry that this growth was unsustainable. With a slowdown now in full force, some wondered...is this finally the tipping point?
Everyone perks up when you start talking about fiscal responsibility, don't they? We know, we know. Don't doze off just yet! There is so much value in knowing how to command your money, especially in the world of real estate investment.
Between domestic and international unrest, economic and governmental angst, real estate is something that seems to get lost in the shuffle. While the rest of the world seems to be in chaos, we can easily lose sight of the world of real estate—or we just assume that it is suffering along with everything else.
Topics: 2019 real estate market
Our 'Transformation Tuesday' for this week is a large 4 bedroom, 3.5 bath home in Memphis, TN. With this large, 50+ year old home, we had a lot of repairs to do, including filling in a pool, tree removal, and refinishing the original hard wood floors. Check out these before and after pictures as we see how this updated 2-story home turns from overgrown to neat and charming.
When we think about real estate investment, and more importantly, success in real estate investment, we have to think about who we are serving as investors and management teams. That comes down to our renters.
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.