In this day and age, security is a major concern for a lot of people. Unfortunately, the days of leaving your home unlocked without worry are behind us. Burglars and other intruders are a very real concern for your tenants. A deadbolt lock on the exterior doors may help with peace of mind, but it could be that you’re thinking about investing in a home security system for your real estate investment property.
3 min read
Pros & Cons of a Home Security System in Rental Properties
By Chris Clothier on Mon, Jan 20, 2014
4 min read
Older Housing Providing Big Opportunity For Real Estate Investors
By Chris Clothier on Sun, Jan 12, 2014
Companies like Lowe's and The Home Depot may be really good bets right now if you are looking for a new stock for 2014. Why? Because America's housing stock is getting older and more and more homeowners as well as investors are buying fixer-uppers as well as choosing to update existing properties rather than buy new ones. On a national level housing stock is aging quickly and that can be a very good thing not only for home stores, but also for homeowners.
3 min read
Social Media Tips for Real Estate Investors: Part I
By Chris Clothier on Fri, Dec 27, 2013
The phenomenon of social media is here to stay, folks. Which sites and applications are the most popular may change -- and it's no wonder considering new ones are popping up all the time -- but the fact remains that social networking has altered the way companies and individuals think about advertising and marketing forever. It is estimated that within the next year or two, dollars spent on social media advertising will eclipse traditional marketing channels.
2 min read
Rising Interest Rates Seen As A Boost For Memphis Real Estate
By Chris Clothier on Fri, Dec 20, 2013
Mortgage originations jumped to over 30,000 in2012 (the latest year with data) and when 2013 numbers are released, they are expected to show another year with over 30,000. That is almost 8,000 more originations than 2011 and the first time the city has gone over 30,000 originations since pre-2007. This activity in the Memphis market is a very good sign as the cities normal real estate cycles begin to shift back into focus.
2 min read
Catering to a Specific Rental Property Demographic
By Chris Clothier on Mon, Dec 2, 2013
Generally, it makes a lot of sense to make a property as attractive as possible to as many potential tenants as possible. Once it's ready, you want your property to be rented by a reliable tenant as quickly as possible.
3 min read
Are Institutional Buyers Driving Real Estate Markets
By Chris Clothier on Fri, Nov 15, 2013
This is a question we get asked on a weekly basis and I suspect most of the questions are coming up because of mis-information being put out by opportunists. People who are selling get-rick quick ideas or promoting a shiny new idea or product as a quick-fix for new real estate investors. When most of the questions are coming from a place of fear, you can almost always bet that bad information is the cause of the question. For real estate investing, my answer is to ask a different question!
2 min read
Break Time: Funny Real Estate Content to Brighten Your Day
By Chris Clothier on Sat, Oct 26, 2013
I try to make this blog a valuable resource for our customers and other people interested in real estate investing. From general real estate information to more specific advice regarding real estate investing, from the latest news in what's going on with Memphis Invest to up-to-date information about the Memphis area, I want you to walk away feeling more intelligent and/or more informed after every post you read on here.
4 min read
Attract Single-Family Rental Tenants by Making Them Feel at Home
By Chris Clothier on Sat, Oct 19, 2013
Let's face it: You probably don't have a monopoly on all the rental homes in your area. (If you do, please be kind enough to let us know where you live, so we can take some of that market share off your hands; you must be exhausted.) With so many other real estate investors competing for a limited pool of tenants, it's important to make yourself stand out from the crowd. Here in Memphis we are managing right over 1,800 properties and, while that may seem like a massive number of properties, we are still a fraction of the total number of rental properties in the city. Just this week, we have had several meetings to discuss stepping away from the "ordinary" and figuring out how to eliminate altogether properties that are vacant over 30 days. We have roughly 25 properties in our entire portfolio about 1.3% that have been vacant over 30 days and we have been asking ourselves the same question we posed to you above.
3 min read
When Your Real Estate Investment Is Not Going Perfect…Now What?
By Chris Clothier on Mon, Oct 14, 2013
If we have done our job correctly, each of our clients are investing in real estate for generally the same reason. They are not looking for quick hits and fast paydays. Real Estate investors who work with our company buying investment property in either Memphis or Dallas, are all looking for a long-term return on their investment. Nearly all of our clients are looking for an opportunity to – for lack of a better way to put it – invest and forget.
4 min read
Why Do We Love Investing in Memphis Real Estate....?
By Chris Clothier on Sun, Oct 6, 2013
If you've decided to make real estate a part of your investment portfolio, you have innumerable options about where to put your effort (not to mention investment dollars). After all, everybody needs somewhere to live, and where people live, people rent. And where people rent, people invest.
So why, out of all the places on Earth you could invest, would you choose to put your money in Memphis real estate? Perhaps the more pertinent question is this:
Why wouldn't you?