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!  

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.

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!

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.

Latest book release from Joe Calloway features Memphis Invest

In 2012, Memphis Invest studied the book "Becoming A Category of One" by Joe Calloway.  InAugust of that year, I picked up the phone and called Joe Calloway and invited him to come to the offices of Memphis Invest and address our staff.  Joe, a member of the International Speakers Hall of Fame, was very well known as a speaker and business consultant whose client list was quite extensive and his expertise was about customer and employee engagement. We had asked Joe to visit with our staff and participate in our staff meeting.  It was the final week of our studying his book and we wanted to give the staff a little extra jolt...a little reminder of all the principles we had studied in the book.

A new, National Survey sponsored by Premier Property Management Group was released this week discussing the long-term impact of renters in single-family homes.  Real estate investing has been a hot topic for the last few years and the media has really picked up the pace of reporting on large hedge funds buying property around the country.  As investors take a bigger role in purchasing distressed properties, no one has studied what the intentions were or the future plans of the renters who are occupying these properties.  There have been a lot of questions, but not a lot answers when it comes to what are the "new" renters going to do when they have the opportunity to purchase property again?

Memphis Is Ready For A Growth Leader

Over the past two months, we have been reaching out to different community partners, government programs and other business leaders to get a sense of what the real potential was for a new project we have had in mind.  As a local real estate investing business, we have been blessed to grow at a time when a lot of other companies in other industries are struggling.  Why?  Because our business has never been real estate.  Our business has always been customer experience.  So while we have been blessed with growth and the ability to help a lot of other companies grow and thrive as well, we have begun to think what could be next and what impact can we have on a bigger scale within the community.  We have met with some big names to gather inspiration and even traveled the world to meet them, but have always come back to what lies three feet out our front doors.  The great city of Memphis!

Why Due Diligence Matters

I wrote an article that was published this afternoon at BiggerPockets.com, which meant it was time to send out this email.  Many who are reading this email have come to know our company very well and many have come to know our family too.  We receive thank you cards and letters nearly every week commenting on the impressive company we have built and how impressed they are with the hard charging leadership that comes from Kent Clothier, Sr.  We affectionately just call him Senior!