Being young isn’t easy. Granted, there are a lot of perks: energy, imagination, ambition...but there’s also a lack of experience that’s unavoidable and looked down upon by most seasoned professionals.  Unfortunately, looking down upon young real estate investors seems to be a past time for those who have been real estate investing for a while.

Young folks have a lot to offer, not only to their current generation, but to older, more seasoned investors, too. We all have to start somewhere, after all — why not start investing in real estate when we’re young?

There are three primary points to consider before changing things up:

1. As an investor, ensuring excellent customer service for your tenants is key to growing a positive reputation.  You will never make 100% of the tenants or even applicants happy 100% of the time.  However, put the effort in to hit that mark.  It will make it a lot easier to ignore the few who decide a nasty online post is their best route....whether it is truthful or not!

2. Many renters live paycheck-to-paycheck and value flexibility in paying rent.  This is a new reality and landlords as well as property management companies need to creatively figure out flexible payments.

3. Grace periods, though helpful to tenants, can promote bad habits.  Bad habits are the last thing you want to promote in a tenant!

With these in mind, consider: how can you innovate in how tenants pay their rent and improve customer service without extending too-lenient grace periods?

The whole team at Memphis Invest wanted to congratulate Carol Henderson on her 10 year anniversary with the company!  What a fantastic accomplishment to make it 10 years in this crazy, fun workplace.  Carol has been an integral part of our team and played an instrumental role int he growth and development of our company.

While Memphis might not be the biggest fish out there for real estate investing according to most, it doesn’t mean our great city doesn’t hold its own. Exciting economic opportunities are opening up in Memphis thanks to blossoming commercial and retail sectors.  This week, Dean Jernigan of Jernigan Capital announced plans to move the publicly traded companies corporate headquarters from Miami, FL. along with offices in Cleveland, OH. to the Poplar corridor in East Memphis.  This makes the 13th publicly traded company to headquarter in Memphis.  

This is great news for the business crowd in Memphis and made many stand up and cheer since Mr. Jernigan is no stranger to building huge companies in Memphis.   Along with some impressive gains in the housing market announced this week it is hard to be more excited.  While all markets have their ups-and-downs (Memphis real estate included), it’s hard not to get excited when you hear about what the local economy is cooking up.

We know, of course, that Memphis was named of the best places for millennials to be — and our great city is well on her way to proving it. From the opening of the Bass Pro Shops megastore in the iconic Memphis Pyramid to IKEA’s plan to plant a flag, the healthy and growing retail and commercial markets are playing a big part in the overall health of the economy: and in the performance of the real estate market.

Summer isn’t all fun and games. For many of us (especially in the Southern and Southwestern U.S.), summer can get unbearable. Heat, whether dry or humid, demands a conscious effort to wear sunscreen and stay hydrated.

People aren’t the only things that can be damaged by sun, heat and humidity. Properties can also be worn down by harsh summer heat. Just like in winter, we have to be mindful of how temperatures can pose problems for our investment properties.

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So many real estate articles, so little time. If you don’t take the time to check all the blogs and news sources every day, chances are you’ll miss a lot of great content. That’s why every week, we compile a list of great real estate must-reads from some of the best real estate blogs on the web.

Whether it’s real estate news or handy tips for investors from leading industry experts, these articles are a great place to start for catching up on your reading.

Learn how to get started investing in passive, turnkey real estate investments today with the Top Turnkey Real Estate provider.  Click Here To Download A Free E-Book Detailing Your Steps To A Successful Portfolio!

How to Lend Private Money In Real Estate Successfully

Increasingly, real estate investors are looking for alternative ways to invest their money in the real estate investing game. Portfolios are diversifying, new methods of investing are taking center stage, and it always seems like there’s something new shaking up the market.

From security apps that control your security system remotely to GPS-tracking alarm raisers, we’re counting down some of the most useful security devices out there for real estate investors: whether for your properties or your personal safety. While there is front end cost for solid security, it’s well worth it in the end in terms of protection and value.

Here are just a few cutting-edge tools that can protect your investments.

Want more information on 'How To' invest in Memphis, Dallas or Houston?  Click here for a personal Jump Start Packet with everything you need to know to get you started!

What's Been Happening In Houston Real Estate...?

For the past few years, Houston has been the place to be for real estate. After the housing bubble burst, Houston fared better than the vast majority of comparable markets. A strong local economy was a big contributing factor to mitigating the effect of the market crash: continuing to attract young professionals and industry where other cities slumped.

Houston wound up at the forefront of housing market recovery, bringing in the eyes and ears of real estate experts, investors, Realtors, homeowners and job-seekers alike. For many, Houston became a model of recovery.

With that kind of pressure and attention, some were afraid Houston’s real estate would buckle, resulting in a crash and burn.

Some think it might still happen. Why? It boils down to Houston doing too well. The scales are tipped highly in favor of sellers with skyrocketing prices and exponential demand. A tighter inventory on top of sluggish home building only kept that trend going.

But what’s really been going on in Houston?

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There’s a certain unique energy to investors when they’re starting out for the first time. One of my favorite parts of working with so many investors or participating on real estate investing forums like BiggerPockets.com is getting to interact with new investors.  The potential for positive cash flow and passive income are sweet, sweet images to consider. It’s easy to real estate investors to be excited about their opportunities in the beginning. It’s hard work, but it’s new, challenging and exciting.

There’s an irreplaceable je ne sais quoi to it all.