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Memphis Real Estate Investing

6 min read

Inc Magazine's 2016 List of Fastest Growing Companies Is Out...(hint: 5 years in a row!)

Wed, Aug 17, 2016


Inc. Magazine released the 2016 version of their annual list of the 5000 Fastest Growing Companies In America....

And the Clothier family was honored to have three Companies on this years' list!

First and foremost, we are so proud of the team at Memphis_Invest.jpgMemphis Invest who is a 5-year honoree.  This is an incredible accomplishment and really highlights the hard work and commitment to excellence exhibited by our entire crew.  Everyone pulls together in support of our mission, which is to create an incredible 'WOW' experience for our clients, tenants, vendors and each other!

So we are very proud to be honored for five straight years.  Here is where Memphis Invest has ranked through the years:

  -  2012 - #1320
  -  2013 - #303
  -  2014 - #1355
  -  2015 - #2622
  -  2016 - #3778

Not to be outdone, Premier Property Management Group made this list for the second straight year and PPMG of Texas looks ready to rocket onto the list next year in its' first year of eligibility.  (We tried to enter PPMG of Texas this year, but it just missed qualifications ~look out next year)!

Here is where Premier Property Management has ranked through the years:

  -  2015 - #2900
  -  2016 - #3785

It is hard to imagine how far we have come from one part-time team member in 2004 to 70+ full-time team members in 2016 between the companies.  To put this in perspective, here is where the companies stand as of today:

Operating in 3 cities:  Memphis, Dallas and Houston
Property under management:  3,800
Investment value under management:  $400+ million
Full-time Team:  70+
Properties renovated annually:  630+
Renovation dollars spent annually:  $22+ million
Rents paid to owners annually:  $32+ million and growing 

It always makes it more fun to celebrate with family!  We are very proud of Kent Clothier, Jr., son and older brother and valued member of our team, for putting his own brand, Real Estate Worldwide, onto the list for the second straight year:

  -  2015 - #2406
  -  2016 - #2984

For those that may not recognize Kent's company, it was founded by Kent Clothier, Jr. in Southern California.  Real Estate Worldwide developed and offers services including several educational programs and materials like the vanity phone number brand 1-800-SELL-NOW, Real Market Experts, Find Motivated Sellers, Find Cash Buyers, Find Private Lenders and The Boardroom Mastermind.  

Kent and his team have created an outstanding set of products and services designed to make the hurdle to becoming a successful real estate investor a little less daunting and a little easier to overcome quickly.  Learn more about Kent's companies at www.REWW.com.  

His team deserves the recognition as one of the fastest growing companies in the U.S.!

Growing Forward....

Once again, here we are writing an article about multiple Clothier companies making the fastest growing companies list.  Believe me when we say, we may be at the helm and leading the way, but an honor like this and the growth it accompanies, is all due to our incredible team! 

We want to give a tremendous shout out to our incredible team that has worked hard over to improve and grow.  With five offices in three cities, Memphis, Dallas and Houston, our team is now over 70 strong!  Finding, renovating, managing and selling over 600 investment properties a year, our team works hard for each of our clients and these types of recognition are important, but none compare to thank you cards and letters we receive from you!

Notes like these mean everything:

"Every time we ran into a snag or slowdown, I emailed Charlotte, and she called everyone involved and put everything back on track. I work a lot, have three small children and couldn't make the phone calls, so Charlotte emailed which allowed me to focus on the process when it was convenient. She made everything convenient and easy. Really really great experience! Five stars for Charlotte!"   Jonathan A.

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"Hi Memphis Invest Team

Just wanted to pass on a quick note of thanks for making my first investment with you guys a success. Having done a number of real estate investments, this was by far the easiest on me and I know a lot is done in the background to make sure of that.

Hope to work with you guys again soon.

Thanks again,"  Andy B.

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"Good morning Carol,

We just pulled back in last night after wrapping things up. Lots of stuff going on with lots of countries and lots of ships so it's nice to be back in port for a breather and know we'll be heading home shortly. I saw that the tenant caught up for July and I'm sure they'll have August paid by the end of the month like the last few months. As always, thank you thank you thank you for staying on top of that, working with them, and keeping me in the loop. The peace of mind that gives me, even while deployed on the other side of the world is priceless.

I hope you have a great week!"

Kevin T.

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"Hi Jill,

Thank you so much for calling me and answering all of my random questions! I always feel so cared for and supported whenever I talk to you (and everyone else in the Memphis Invest family).  It’s so rare to find anywhere – but especially in real estate – an entire company filled with people I can trust, but you and Memphis Invest have my complete trust and faith.  

I strongly believe that your extraordinary level of service comes from your culture.  I love getting your Culture Book every year!  In fact, I brought the last one to my office, because I wanted our office to make our own Culture Book (they also say thank you for the Memphis BBQ sauce, by the way).  J

It’s so clear to me that you hold true to your ten Core Values and live them out each and every day.  I’m so lucky to have the opportunity to also live those values in partnership with you!"

Diana H.

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"Good morning Katie. Yes, we shall keep the Willis Insurance streak going with this property as well. In fact, it shall be my choice for all future properties.

They say a picture is worth a thousand words, and someone on the Internet said a video is worth 1.8 million. The videos are quite educational, but also convey confidence and commitment to strong ethical principles.

I chose Memphis Invest because of the power of scale. I come from a farming family, so I will describe it with farms. If 12 farmers worked on separate 10-acre farms, they would each have a tractor, a set of plows, a pump for water, and a truck. If 1 farmer had a 120-acre farm. There would be only 1 tractor, 1 truck, 1 pump, and much less overhead.

What I have discovered this year has blown my mind. I have read many stories of those who lost money in real estate because of lack of expertise. I am very grateful that you do what you do. I frequently mention my high quality experience to my peers. I think this generates some envy, but I hope they examine the facts and come to the same conclusion that I did.

Thank you again."

Michael S.

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"Hello Chris,

I am an owner of a property in Memphis and Laurie Brooksbank has been my customer service representative. I wanted to write this email to let you know how much we appreciate excellent service Laurie has been providing for the last 5+ years. She always calls me every month to check and see if everything is OK and if she can help in any way. Many times customers takes things for granted but I know that you would like to hear about Laurie and acknowledge and recognize her for her great attitude, prompt and timely responses and services.

Thank you and Laurie."

Harish C.

Accolades like Business of the Year (which we have been honored multiple times), Pacesetter Award for fastest growing local companies or even the prestigious Inc. 500 Fastest Growing Companies In America list, are all fantastic, yet none can compare to a thank you note from a client!

Would you like more information on getting started with Memphis Invest?  Click below and speak with someone today...

 Get started now!

Chris Clothier
Written by Chris Clothier

Entrepreneur, writer, speaker, ultra-endurance athlete, husband & father of five beautiful children. Chris puts these natural talents on display every day. As a partner at Memphis Invest, Chris addresses small and large audiences of real estate investors and business professionals nationwide several times each year. Chris is also an active writer, weekly publishing real estate, leadership, and endurance training articles.

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