A Real Chance To Show Off Memphis Real Estate

Memphis Invest just concluded their 5th Memphis In May With Memphis Invest real estate weekend and I can say with all humility that this years' event was the best by far!  We had the largest group of investors we had ever hosted, which presented a lot of challenges for us from logistics to presentation and simply hosting in general.  We always want everyone to feel like they are the only real estate investor in the room and judging from the comments, thank you's and emails we have already received since the event ended on Saturday, I think we achieved our goals!

There are a lot of reasons that investors come to Memphis for real estate.  Low prices, above average rental ratios and a solid recovery taking hold are just a few of the reasons.  But in this article, we're going to talk a little bit about the real reason real estate investing is going crazy here in Memphis. I'm talking, of course, about the food!  

"Flipper" is more than just the name of a famous television dolphin, folks. And if you are one (the real estate variety, not the TV dolphin kind), then Memphis, Tennessee, is the place to be right now.  Memphis has long been a hot bed for the long-term buy and hold real estate strategy, but there is room on that list for other opportunities.  With the real estate climate heating up and the opportunities staying hot, Memphis has moved up on another real estate list.

Memphis Invest Team Getting Fired Up!

We are super excited that we are only 1 week away from what has become a signature event for our company and a whole lot of fun.  We have been asked a lot this past week about being able to attend if you have not registered and the answer is yes...but, we really need you to register first so we are able to prepare for the size of the crowd.

We Could Invest In Real Estate Anywhere...We Choose Memphis!

There is something special about Memphis and the people who live here.

I've been lucky enough to live in three great cities in my life.  I grew up in Dallas, Texas and loved every minute of it.  Being born in Texas, I still claim to be a Texan and I guess I always will.  I still have family, friends and business associates in the the Dallas Ft. Worth metroplex and as many of you know, my family recently started DallasInvest.com as our second city of operation.  What a great city and a fantastic place for single-family rental investments.  But that is a story for another day.  Today is all about Memphis.

Memphis Invest, GP and related company Premier Property Management Group released 2013 First Quarter Results on Sunday April 21st and a positive trend for the real estate investment company and their clients continues.  Demand for investment property and opportunity continue to remain strong in both Memphis and Dallas and portfolio performance as well as client satisfaction remain high.  Sales at Memphis Invest, GP grew year over year 110% and tracked even compared to the 4th quarter of 2012.  As demand from existing clients continues to pick up, we expect to see growth throughout the year.

Starting a small business -- or growing the one you already own -- can be a daunting task. The small business owner must wear many different hats, and he or she must do so with resources that are often in short supply.  Memphis Invest has been blessed to come through the last few years of massive growth as an extremely strong company and we wanted to write an article showing other Memphis business owners a few organizations where they can get help and guidance.  Being honored last year as one of Inc. Magazines 500/5000 Fastest Growing Companies was huge for us and we'd love to see more Memphis small businesses on the list!

For counties and municipalities across the country, property taxes are the gift that keeps on giving. In both good and bad times, American cities and counties seem to find a way to burden their residents by raising these pesky levies. Since mortgage lenders often automatically shunt future property tax payments into escrow accounts each month, many equity-building homeowners don't even focus on the fact that they're paying hundreds or thousands of dollars per year to their local governments.  This year, Shelby County, Tennessee, which is the county where Memphis is located, is assessing the value of every property and adjusting rates.  Some are going up and some are going down.  Event though we manage close to 1,600 single-family rental properties in Memphis, it makes sense to think about our own homes tax appraisal.    

Memphis, TN. Named #1 City For Single-Family Rentals

Realtytrac, the California based on-line foreclosure marketplace has quickly become a fantastic data aggregation site as well and their recent release naming the Top 20 markets to buy single-family rentals made a lot of headlines.  Using data, Realtytrac names the 20 Top Markets by price point and income potential.  At Memphis Invest, we realized several years ago that there were certain dynamics that made Memphis unique when compared to many cities around the country.  This has been fairly well documented by the number of times Memphis appears on man Top lists for everything ranging from affordability, retirement, starting a business, starting a family, receiving health care...and now for investing in single-family homes.