When is the right time to purchase discount properties to flip or rent? It can be tricky to trace the exact status of the housing market, because, as with many economic indicators, the numbers are often delayed for a month or two in order to gain accurate calculations.
Chris Clothier
Recent Posts
2 min read
Invest in Discount Properties This Summer
By Chris Clothier on Fri, Aug 3, 2012
2 min read
Real Estate Investing: How Real Estate Handouts Effect Us All
By Chris Clothier on Mon, Jul 30, 2012
Do Government Programs Help Real Estate Investing
I was surprised recently when Brett Clothier showed me the closing documents on a property we were purchasing. We had been waiting for months for the deal to close as it was a short sale that the seller had to negotiate. It was a good deal for us and after we complete the renovation work, it will be a great deal for one of our investors. What we had no idea about on the front end, was just how good a deal it was for the current owner. I recently wrote an article detailing not only this deal, but how some of the programs put out by the government have been abysmal failures and yet they somehow continue to survive.
4 min read
Become A Millionaire Real Estate Mogul
By Chris Clothier on Fri, Jul 20, 2012
How to reach $1 Million
*Make $1 million with 3 properties. Assumes the following for each property: a purchase price of $182,600, annual rent of $26,400 and annual expenses of $17,780.
(Money magazine) -- Becoming a landlord has always been a well-worn path to millionaire status, with good reason: Not only does owning properties let you generate a second source of income, your tenants' checks will help you build equity in your investment.
2 min read
Real Estate: Memphis Economy Feeling The Impact of Electrolux
By Chris Clothier on Wed, Jul 18, 2012
Local firms have felt the initial impact of Electrolux moving to Memphis to the tune of $64 Million in contracts
When Memphis Invest, GP travels to different parts of the country meeting with investors, one of the first suggestions we make is to forget about the houses for the time being and concentrate on the market. More to the point, concentrate on the economics of the market and the fundamentals of that economy. Memphis and even Dallas, which is our newest market (more on that later) both have strong economic prospects. Once an investor has identified that the market they are studying, then the team and investment property decisions can be made.
2 min read
The Truth About Discount Properties
By Chris Clothier on Sun, Jul 15, 2012
In the midst of the slowly recovery from the recession and housing crisis, there are some amazing deals to be had. However, not all of these deals are as good as they look on paper. If you are looking at discount properties for personal use or for use as investment properties, be sure that you look closely before you leap.
2 min read
International Interest in Investment Real Estate Grows
By Chris Clothier on Wed, Jun 27, 2012
According to a recent article in the Wall Street Journal on foreign real estate investors, Americans are not the only investors who see rental property for sale as an excellent investment in today'a economic climate. According to Lauren Schuker, "A new wave of buyers from China is snapping up luxury properties across the U.S., injecting billions of dollars into the country's residential-real-estate market."
Indeed, it is a popular time for individual Chinese investors to purchase real estate in the United States, especially newly constructed high-end properties.
2 min read
Investment in Rental Property Fuels Housing Recovery
By Chris Clothier on Wed, Jun 6, 2012
The gradual recovery of the housing market is good news for the economy. It is also good news for anyone interested in investment in rental property. Now is still an extremely inexpensive time to buy a house, and with a slowly improving economy, it is an excellent time to profit from foreclosure investments. In fact, investor interest in purchasing real estate is a primary factor in the housing recovery currently.
7 min read
3 Web Companies That Transformed Our Real Estate Business
By Chris Clothier on Sun, May 27, 2012
As an entrepreneur, it is simply part of my nature to always be tinkering with our business. When there are 4 partners and all of us share the same entrepreneurial spirit, then the tinkering can easily get out of hand. Luckily, when we come together to work on “Big Picture” real estate investing ideas, I get to work on the development and implementation and get my hands dirty with making things happen.
3 min read
Excellence In Real Estate Investment Requires Planning
By Chris Clothier on Fri, May 25, 2012
Planning is an essential part of any organization and as the old adage goes..."failing to plan is planning to fail"! As real estate entrepreneurs, the Clothier family has always taken time out to plan for what comes next whether it be event planning, sales planning, planning for new hires or even planning the changes within the office to assist in growth. When it comes to planning for excellence, that is something that happens daily.
2 min read
Can You Manage Your Own Cash Flow Real Estate?
By Chris Clothier on Tue, May 22, 2012
Whether you are new to considering income properties for sale or you are a more seasoned real estate investor, the question remains: can you manage your property or properties by yourself, or should you bring in a professional property management company? There are many different factors to consider when you are figuring out whether to DIY property management for your cash flow real estate or whether to call in the pros. Here are some questions to get you started:






