Great Books for Successful Real Estate Investing

Posted by Chris Clothier on Wed, Dec 7, 2011

Heading into a new year is always a great time to take stock of where you are and start preparing for any changes or adjustments you need to make.  It's also a great time to educate yourself and real estate investors are not immune to continuing education!

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Topics: real estate education, real estate investing advice

Does Education Matter for Real Estate Investing?

Posted by Chris Clothier on Tue, Sep 27, 2011

One of the great things about working with real estate investors from around the country is they all have their own reference points - their own backgrounds thata influence the way they think about real estate investing.  Often, those reference points and backgrounds have to do with their own families investing, their friends or neighbors investing and even their own education about real estate investing.  So it is interesting to note that many investors may have ideas about how to invest, but many have no idea why.

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Topics: buy discounted properties Memphis, real estate education, Chris Clothier,

Memphis Invest to host Turn-Key Real Estate Company Mastermind

Posted by Chris Clothier on Mon, Apr 25, 2011
  MEMPHIS, TN, April 25, 2011 /24-7PressRelease/ -- Memphis Invest, GP, a private real estate investment firm owned by the Clothier family of Memphis, Tennessee and a leader in the field of Turn-Key real estate investing, is preparing to host a first for this new and quickly developing industry.

"There is a huge void when it comes to standards for both ethics and quality in an industry like Turn-Key real estate and with our experience, we thought it was appropriate for a company like ours to lead the way in trying to develop those standards with our peers," says Chris Clothier, the middle son and co-owner of Memphis Invest, GP. While Masterminds are common in today's business world, the Clothier's believe this will be a first for their industry. With the Mastermind devoted solely to improving the business practices and standards of quality and service within the industry, those participating are expected to hold each other accountable and see quick changes within their businesses.

The Clothier family invited close to two dozen companies to apply for a seat at the table on April 28th and 29th in Memphis and whittled the first meeting down to 10 quality companies from those applications. They expect the group to expand to 15 companies by the second meeting in July. With companies traveling from California, Arizona, Indiana, Kansas, Texas, Alabama and Florida for the first meeting and companies from Pennsylvania, Louisiana, New York and Missouri already committed to the July meeting, this group is proving to be a solid mix and great representation of multiple investment markets.

"We wanted to get a good cross-section of the industry but also made it clear that there are no secrets when you participate in a Mastermind like this," says Clothier. "Everyone had to be on board with opening up to the group about their business and be prepared to offer advice and criticism as well as be open to receiving advice and criticism."

The Clothier's named their Mastermind 'REI Edge' and picked that name with a purpose in mind. After participating in the Mastermind, all of the companies will have an edge on other providers in their cities due to offering a higher level of service and quality. has proven that concentrating on quality and service will lead to sustainable growth and higher satisfaction among your clients.

"This is not about learning to make more money or sell more houses - it's about learning to provide great customer service and the highest quality of work so your clients build portfolios with you for years to come. That's how you build a sustainable business that remains profitable"!

When: April 28th & 29th
9:00AM - 7:00 PM
Where: East Memphis Hilton
Memphis, Tennessee
Who: Turn-Key Real Estate Providers

For more information on or the REI Edge Mastermind group, you can contact Ashley at 1-901-751-7191 or Chris at 1-901-212-9647.

Memphis Invest, GP is the largest privately owned home seller in Memphis, Tennessee and the second largest home seller behind only Fannie Mae and Housing and Urban Development. On pace to renovate over $18 million dollars of Memphis real estate in 2011, Memphis Invest, GP provides real estate investors with a passive alternative to investing by handling all the details with a Turn-Key investment program.
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Topics: real estate education, Turn-Key Investment Provider

Memphis Real Estate | Investors Cheer News of Partnership With France

Posted by Chris Clothier on Wed, Apr 20, 2011
As a real estate investor myself and as a partner who works with real estate investors from around the world, it is music to my ears when I hear about the leadership of our city being proactive in telling the great story that is Memphis, Tennessee.  I have spent countless hours on the road over the past 18 months, talking to investors from coast to coast about the advantages of Memphis as a real estate investment city and how companies like are not alone in turning the city around.  When stories like this one come out, it makes my job easier and makes my investment portfolio poised for growth in the very near future!
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Topics: real estate education, Memphis real estate news, Real estate investment news, investing in Memphis real estate, build long term wealth

Real Estate Investing | Mortgage Rates Creeping Up

Posted by Chris Clothier on Thu, Feb 10, 2011

Mortgage interest rates continue to rise on almost a weekly basis, according to information released by Freddie Mac.  The average rate on a 30-year fixed mortgage jumped to 5.05 percent last week.  That is the highest the rate has been in over three years and is the 6th straight week that the rate has gone up.

After seven months of declines that put the benchmark 30-year rate at a half-century low last year, the rise in rates has driven down demand for financing and is leading mroe and more investors to seek alternative forms of mortgages. The Mortgage Bankers Association ( MBA) reports on an almost weekly basis that the demand for morgages continues to set new lows each week.

With analysts warning about continued hike in rates, any stall in home purchases will have a chilling effect on an already fragile housing market.  What these trends are allowing for though is a huge increase in cash investors entering the market and driving bargain prices even lower.

Freddie Mac’s study, which is based on data gathered from about 125 lenders across the country, tracks rises in rates across the board.  Every loan porduct, not just the 30 year mortgage showed increases.

Each week, Bankrate surveys a panel of mortgage experts for their predictions of which way rates are headed over the next seven days. In a landslide, 80 percent of the panelists are calling for continued increases in mortgage rates. Just 13 percent forecast a decline in mortgage rates, and 7 percent expect no change over the next weeks.

With economic predictions like these, I would say it is definitely time to use your alloted number of mortgages for real estate investing while the money is still cheap.  As long as the property produces a strong cash flow, get the best rate and term you can while rates are still at these historic lows because many economists also say these rates will most likely not be seen again for a very long time!

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Topics: Memphis cash flow,, real estate education, residential real estate investing

Memphis Real Estate Will be Helped by New Jobs

Posted by Chris Clothier on Wed, Dec 22, 2010

Swedish appliance maker Electrolux announced a deal this week with Memphis City and Shelby County leaders to build a 700,000 square foot manufacturing facility in Memphis that will be fully operational by 2012.  The new facility will employ 1,200 workers and it's suppliers and offshoot companies will add an addtional 2,000 jobs to the Memphis area.  For Memphis real estate investors, news like this is music to our ears.

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Topics: real estate education, Memphis Economic News, Memphis real estate news

Self Directed IRA Investing | Memphis Real Estate Makes Sense!

Posted by Chris Clothier on Wed, Dec 15, 2010

I talk to real estate investors every single week who are interested in investing in Memphis real estate with for a lot of different reasons.  Some of the most interesting investors I talk to though, are those who are highly diversified in other markets.  They own stock portfolios or invest in Bonds and Mutual Funds.  They have spent years with financial planners preparing for a day that now seems in jeopardy:  Retirement!  Most of these investors are turning to a tool that their "advisors" failed to teach them about - Self Directed Retirement Accounts.  With the right real estate investments at all time values, the focus to investing in real estate with your retirement account could not have come at a better time.

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Topics: Discount investment property,, real estate education, Chris Clothier, Self Directed Retirement Accounts, turn key real estate investing

4 Keys to Real Estate Investing Success in Memphis, Tennessee

Posted by Chris Clothier on Wed, Dec 8, 2010

I spent some time in Colorado in the early 2000's and was pretty active in the real estate market at the time.  One of the comments that we regularly heard was that "there is no more land being manufactured".  Being land locked by the mountains, real estate was at a premium and investing was considered to be a sound long term investment.  

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Topics: Discount investment property, real estate education, Cash Flow Properties, Chris Clothier, real estate investing advice

Real Estate Investing | Calculating Cash on Cash Return

Posted by Chris Clothier on Wed, Nov 17, 2010

Having talked to hundreds of investors each year at Memphis Invest, I have stopped being surprised by the different reasons investors list for purchasing investment property.  Often times, the criteria that investors use to determine a"good deal" are as varied as the colors in a box of crayons.  As a seasoned investor, I can tell you with atuthority, that if I had to choose one measure for an investment deal it would be its cash on cash return. 

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Topics: Memphis cash flow,, real estate education, Cash Flow Properties, Wholesale Properties in Memphis

11 Mistakes to Avoid as a Real Estate Investor

Posted by Chris Clothier on Wed, Nov 10, 2010

Buying rental properties can be a tricky proposition and being a new investor makes it even tougher. After acquiring over 4,500 properties, serving 1,700 clients and managing $600 million in assets, we know a thing or two about real estate investing. Over the past 10+ years, we've grown from a handful of employees to an 88 member team in 5 markets (Memphis, Little Rock, Oklahoma City, Dallas and Houston) and we pride ourselves on being the best at what we do! And we got here by following a lot of the tips I'm sharing with you today in this video. We've heard from so many people that have learned the hard way, and we want nothing more than to help others reach their investment goals by avoiding these common mistakes.

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Topics: invest in Memphis real estate, real estate education, Chris Clothier, build long term wealth, real estate investing advice, investing mistakes to avoid