Join us October 15 & 16 for FREE two day bus tour and investment property buying event!

Than Merrill was in Memphis to meet with MemphisInvest.com on some future projects and also to speak to the Mid-South Real Estate Investors Association.

I have to admit, it was a new term to me when I first heard it!

And when it was explained to me, I thought it was a little morbid.  But in the end, it makes perfect sense and involves using a completely legal form of investing that has been around since the 1920's.

I have to admit, I was completely new to the term "extend and pretend" when I first heard it a couple of weeks back.  The investment real estate market, especially here in Memphis, TN. has been helped along by this strategy but also hampered by it. I was reading an article in my local newspaper and was shocked at what I read.  I was so dumbfounded after reading the article that I had to do some research on it before commenting here. 

 Tuesday, July 14, 2009
Associated Press From: The Dallas Morning News

Less than three months after new rules for home appraisers kicked in, the real estate industry is in uproar.

Realtors, homebuilders, mortgage brokers and the appraisal industry itself all agree the rules are causing problems. Some are backing a bill in Congress to kill them.

We've made it official and accepted an invite to speak at the "Real Estate Success Summit" in Orland, FL. from July 24-26.

Check it out here!

While none of us expects changes in the national housing market over the next few years in terms of major appreciation, there will be some localized, smaller market cities that fare better than others.  National and international Real estate investors are lining up to see what the numbers have in store for real estate investor friendly markets like Memphis, TN.

The Mid-South Real Estate Investors Association or MSREIA for short was founded back in 2002 by Kent Clothier, Sr.  Kent wanted a way for individuals, interested in how to invest in Memphis real estate, to network about an ever changing Memphis real estate investment market.  Typical, real estate investors are bombarded with every new strategy and sales pitch from all the supposed traveling experts at REIA's.