Investing out-of-state can be a nerve-wracking experience for the uninitiated. We’re worried enough about buying properties that we can see and visit – what about the real estate from afar?
5 min read
4 min read
Did you know that most real estate investors don’t live where they invest? It’s true! While many investors do choose to stick with their local markets, the vast majority venture out into markets in other states, regions, and countries to make their fortunes!
Memphis Invest has been helping investors with their real estate investing plans for close to 15 years. In that time have worked closely with thousands of out of state real estate investors. Our mission, from day 1, has been to make investing far from home comfortable and safe with reliably consistent returns. As you may have already guessed, we do it well but it is not easy.
Investing remotely isn’t necessarily a cakewalk. Once you have properties and a network of support and connections, it’s certainly easier. We've detailed recently in our articles steps you can take to be a better passive real estate investor.
But how do you get started in a market that you know little to nothing about? How to reach into the unknown and find the best deals, the right neighborhoods, and solid investments?
3 min read
Most real estate investors don’t live close to their properties. Some might live towns, cities, or even states away. Those miles and miles of separation can induce a bit of stress at times. We’ve been taught that long-distance relationships are doomed to fail, right? So we’re not surprised if you’re concerned about doing the same with your investments and property management.
2 min read
Memphis Area Association of Realtors Reports Big Growth
The Memphis Area Association of Realtors (MAAR) showed a tremendous increase in year over year sales for January to start 2013. The association released data entered into the MAAR data property records database showing over 1,250 sales for the month of January which was a 46% increase over January of 2012. The total number of properties sold was also an 8.9% increase over December of 2012.