Who doesn’t love scoring a great deal? While this approach works for the sale rack, it’s not so wise where rental properties are concerned. Real estate investors, from newbies to old pros, know the temptation of a “great” deal. We’ve been there, done that – and know from experience that cheap properties don’t build world-class portfolios.

Real estate investors choosing to sit on their hands in wait for a market crash will be sorely disappointed. Investors must adapt their strategies for any and everything the real estate market brings to the table, favorable and otherwise. We can always wait and hope that conditions will take a turn for the ideal, but that’s not a reliable investment method.

It looks as though U.S. inflation is finally easing up. While that doesn’t mean we’re out of the economic woods, it does mean that we’re about to be less stuck in the tension between extreme inflation and market recession. That’s not to say prices are where they should be – but the intense squeeze of the market gives us a little breathing room.

Real estate investment is a time-proven strategy for building wealth, particularly in the long-term. However, we see a multitude of misconceptions about investing in real estate. While some of these ideas are ultimately harmless, they become limiting beliefs that can hinder your ability to succeed and reach your full potential as a real estate investor.

Real estate investment is a time-honored method. There’s no doubt about that. However, the variations within the concept of real estate investing set the stage for questions as to what is truly the best way to invest.

Interested in a new venture and don’t know where to start? Real estate investment is one of those things that can seem much more complicated than it really is. Let’s be honest: many of us would rather invest in stocks or something “easy” and “safe.”

What do you think it takes to succeed in real estate investment? When the rubber meets the road, success in real estate investment isn’t about the newest technology, the flashiest marketing, or the newest investment platform. No, if you want to find financial security and build your wealth through passive real estate investment, you have to rely on proven strategies. 

Have you ever been given advice that just seemed backward at the time? Maybe it didn’t make sense until you put it into practice. Then maybe, just maybe, it all clicked. It can be tough to follow advice that seems counterintuitive, especially when it comes to our finances. If something doesn’t make immediate sense to us, taking that leap of faith can be tough.

There’s one thing at Memphis Invest that we believe stands between an investor and their success: their purpose.

Before you begin your journey as a real estate investor or as any kind of investor for that matter, you have to ask yourself why you’re investing in the first place.

As we give 2016 the boot, we can tackle the new year with renewed vigor! Enthusiasm! Spirit!.