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!

As a valued member of our extended family and a Memphis Invest client, we wanted to bring something to your attention and address it openly and in an upfront manner.

This past Friday, one of our local closing attorneys was indicted on a single count of fraud dating back to 2003.  Sharon K. Anderson was charged and will now have the opportunity to defend herself and her company as it relates to this charge.

86% of Customers Will Pay More For Better Customer Experience

So today I was researching different Memphis real estate terms and I just wasn't finding anything that excited me for the blog.  I will definitely have something out tomorrow highlighting some local real estate news with a wrap up of 2012 tomorrow.  However, while I was researching, I came across an excellent article in The Daily News from Lori Turner-Wilson, Customer Pay More For Better Experience, and seeing as how we are customer experience fanatics, it grabbed my attention.

Fortunately for real estate investors everywhere, there are a lot of real estate titles that have some great information on real estate investing.  Unfortunately, there are also a lot of books on real estate out there by get-rich-quick schemers and authors who may have completed a small handful of transactions and now want to tell everyone else how it is done. Many of these books are little more than promotional fluff to get you to buy whatever "can't lose" investment system these fast-talkers and new-comers to the real estate world are shilling. It can be difficult to wade through all the snake oil and "too-dumb to know I was lucky" books to find quality information. Here at Memphis Invest we have done some of the work for you by selecting a few good books. Here are three real estate book recommendations, in no particular order, that can actually leave you smarter than they found you. 

So now we know that the Bass Pro Shops plan to be right on track with the opening of the Memphis Super Store in Downtown Memphis Pyramid and just in time for the Holiday season of 2013. I think this gives Memphis real estate investors a big reason to cheer.  The positives of a project like this one go far beyond simply economics.  As Memphis continues to reach out and recruit more major international companies to relocate to Memphis, having family friendly attractions that also add to the tourist draw of the city can do nothing but improve the cities positives.  That growth makes for a stronger over-all real estate market in Memphis.

In case you've been asleep for the entirety of the smartphone era thus far, here's a news flash: There's an app for everything now. If you can think of it, there's probably an app for it; if not, there's probably one (or more likely 50) in development for it somewhere. Heck, even if you haven't thought of it, there's probably an app for it. (If you don't believe us, check out Ghost Radar. It's an app that supposedly gives you everything you need to measure paranormal activity.)  Here at Memphis Invest, we released our first real estate investing App about 2 years ago and are already working on two new Apps.  One will be just for our clients and the other will be for any real estate investor out there that finds it useful.  We certainly are not going into the App business, but we definitely see it as a way to continue to put distance between ourselves and other companies.  Plus there seems to be an App wave going on!