If you're trying to sell a property, it's a no-brainer that you want it to look good. It's a given that the property should be clean and well kept. But making a property attractive to potential buyers goes beyond that: You want them to see how it can look--what the potential of the space is. Selling real estate is all about helping a potential buyer see a property in its' best light and you want them to remember it when they see other potential properties to buy. This is where professional home staging comes in. A home stager's job is to draw attention to the things about a property that make it special and to show it in the best possible light.
Chris Clothier
Recent Posts
4 min read
Decision Time: Use Professional Property Management or DIY?
When you're ready to start purchasing rental properties, you have a big decision to make: Do you hire a professional property management company or take care of it yourself? Each option has its pros and cons, and there is no clear universal answer. Which direction you should go is dependent on your financial situation, your experience, and to what extent you're wanting to be involved with your investments. It is also dependent in large part if you decide to be an Out-of-Area Investor. Many real estate investors choose to buy properties in other parts of the country because of better returns, less expensive pricing and more stable rental environments.
Topics:
Premier Property Management
Memphis Turnkey
professional property management
turn-key real estate
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3 min read
Advice From Fathers: Tips You Can Apply to Your Real Estate Investing
Father's Day is upon us, so it seems appropriate to reflect on a few of those fatherly axioms that dads drill into their kids -- er, I mean, "gently instill in their children." There's a reason this kind of advice from fathers gets handed down from generation to generation: It's really good advice. And the thing about really good advice is that it can often be applied across many areas of your life. Such is the case with the words of wisdom I'm going to share with you today -- they can easily be applied to your real estate investing career.
3 min read
HOA Regulations Against Investors and Renters: Fair or Foul?
Real estate investors work hard to track down attractive properties to purchase. Many of them do so in the hopes of generating income by renting the properties out to tenants. The good ones identify which properties are right for them, taking into account the state of the properties, the likelihood that they will draw tenants, and the amount they can clear per month in rent, along with many other factors. They diligently screen tenants and maintain the properties they rent out, with the goal of being the kind of investor who will be easy to work with and the kind of landlord that tenants -- and the neighborhoods in which they live -- will embrace.
4 min read
Ethics In Real Estate Investing | The Game Changer!
In an ideal world, posts concerning ethics would not be necessary. In such a world, everyone would operate by the Golden Rule, treating everyone else the way they wish to be treated. Unfortunately, that doesn't always happen, and people sometimes fail to act ethically. And here's the thing: Not all people who behave unethically are moustache-twirling villains. Sometimes unethical behavior happens when people get too focused on the bottom line or get a little (or a lot) sloppy, forgetting that at the end of the day, real estate investors are in the people business.
3 min read
3 Effective Time Management Strategies for Real Estate Investors
To be a successful real estate investor, one must wear many hats. You need to be an effective marketer, a skilled negotiator, a shrewd businessperson, and a wiz at customer (read: tenant) service. But here's something you may not know: you're not getting anywhere near the bang for your buck with these skill sets if you don't wear one other hat. "And which hat is that?" you ask?
2 min read
REI Nation Sees Few Limits to Growth
Though being acknowledged by national organizations can be a thrill, the real honor comes from being recognized by your neighbors and peers, according to REI Nation GP partner and co-owner Chris Clothier.
Chris Clothier and Brett Clothier at Memphis Invest, the largest bulk buyer of real estate in Shelby County
Clothier got some of that recognition with a win at Memphis Business Journal’s Small Business Awards. REI Nation took home the Small Business of the Year Award in the 25-60 employee category.
“We receive a lot of attention and accolades from outside of Memphis, including being named to the Inc. 500/5000 list last year. We were even featured in a recent business book by a well-known author and business speaker,” said Clothier. “But none of that really compares to other local businessmen and women recognizing your team for all the hard work they put in to build this company. That is what makes this award very special.”
REI Nation has bold goals for the coming years.
Clothier and his partners plan to extend their real estate operation into two more cities soon and within five years plan to manage 5,000 single-family homes in up to four cities.
REI Nation is well on its way. In 2012, the company was the largest bulk buyer of real estate in Shelby County and one of the top 50 nationwide, according to RealtyTrac.
Topics:
news
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2 min read
Memphis Business Journal Small Business Awards Winner...
There were three categories for companies to be chosen as Small Business of the Year winners. Memphis Invest has been nominated two years in a row for the 26-60 employee award and the second year is the charm!
3 min read
Real Estate Investing: Cash Reserves Are A Must For Buy & Hold
We have been working with Memphis real estate investors for the past 7-10 years in one fashion or another and one thing that never changes about new investors is a lack of understanding when it comes to cash reserves. So many people think that real estate investing can be boiled down to a quick series of numbers, i.e. - how much will this be or how much will that be or how much should I set aside for this expense and that expense? All of those are VERY VALID QUESTIONS!!
2 min read
Memphis Business Journal Article on Memphis Invest
The winners will be announced on Thursday night May 23rd at a special dinner, but today they published articles on all of the finalists. This is our second year to be nominated, which is a tremendous honor. To be considered one of the Top 5 companies in Memphis (we are in the 25-75 employee category) really speaks volumes not about us as owners, but about our people. Easily, the best staff in the business. If you want to see the article online at the Business Journal, I have included a link.
Topics:
real estate investing
Chris Clothier
Memphis real estate
Brett Clothier
Memphis Business Journal
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