Memphis Invest Sourced for Real Estate Investing Article

Money magazine featured a series of ways investors could reach $1 Million in the bank and real estate was one of the ways.  In the August issue of Money magazine (pages 58 & 59) and reprinted on CNN/Money.com, Memphis Invest contributed to the story and through the process got a chance to really connect with the authors about what their readers wanted to hear.

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.

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.

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.

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.

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.