This is a re-print from a post I made over a year ago.  I think its always good for Memphis real estate investors to get a refresher on the questions they should ask before buying investment properties.

If you are an investor or even just an interested investor reading up on real estate blogs, this is going to be an interesting piece of advice.  Most Memphis real estate investors are tuned into the neighborhoods they like and where they can get the best return for their investment.  Unfortunately, there are a lot of unscrupulous people out there who are out to make quick bucks on Memphis properties.  Memphis is, after all, one of the top real estate investment cities in the country. 

Mark Anderson of MemphisInvest.com shares a couple of insights and tips with Memphis real estate investors.  Mark has been investing in Memphis real estate and buying discounted properties for the past 3 years and speaks with investors from around the world on their Memphis rehab projects. 

MemphisInvest.com is now providing traditional rehab services to those in Memphis wanting to remodel their home.  Memphis Invest Renovation Services has remodeled over 500 investment properties in Memphis over the last three years and now wants to offer those same services to the general public.

Memphis investment real estate buyer, Brian Douglas, talks about the turn-key process of investing in discount properties in Memphis with MemphisInvest.com.  Brian has built a sizable portfolio of investment properties and views his portfolio as an addition or diversification of his existing retirement strategy.

When I bought my first property and placed my first tenant...I was a complete disaster!  No point in beating around the bush right!  As a Memphis real estate investor, I learned just enough about rental property management in Memphis, TN. to be dangerous and I certainly was.  I was dangerous to my bottom line and dangerous to my future earnings.  

Did you see this article online this week about real estate investing?  This is EXACTLY what we do in Memphis, TN and why our clients are poised to do fantastic on their discount investment property portfolios.

Source: Les Christie, staff writer, On Thursday August 5, 2010,  CNN Money

No More Flips? RE Investors are now in Buy-and-Hold Mode

The real estate market is still dominated by distressed properties, and as opportunistic investors, we can’t ignore short sales, foreclosures, and defaulted note buying. One thing seems to be changing though. Whereas the preferred exit strategy used to be flipping a property or note for a quick profit, that strategy no longer works in many cases, due partly to new federal rules such as HAFA and HAMP, restrictions on same-day transactions, seasoning requirements, and general market factors.

So you all know that we are constantly working to improve our operations and educating ourselves when it comes to investing in real estate and we urge you all to do so as well.  Last week we spent 4 days at the Fortune Builders Rehab Bootcamp in sunny San Diego, CA learning new processes and touring the  properties that Fortune Builders are currently rehabbing.  Ryan, who heads the rehab department at Memphis Invest, joined us in continuing his education. This is by far one of the best educational opportunities of the year and we are happy that Ryan could join us.

Kent, Jr., Brett and I had the opportunity to speak to the 300+ attendees in regards to systems implementation, business building and stayed over to give a special presentation to a select group of attendees on the inner workings of the Memphis investment property bus tours that we host.  See below for pictures from last week's workshops.

Be sure to check out the Fortune Builders' home page for future events and make plans to join us for one of the upcoming educational boot camps.  Even the experts still attend workshop weekends to continue to grow and learn as business owners.

See you on the road soon...

Chris