In an ideal world, posts concerning ethics would not be necessary. In such a world, everyone would operate by the Golden Rule, treating everyone else the way they wish to be treated. Unfortunately, that doesn't always happen, and people sometimes fail to act ethically. And here's the thing: Not all people who behave unethically are moustache-twirling villains. Sometimes unethical behavior happens when people get too focused on the bottom line or get a little (or a lot) sloppy, forgetting that at the end of the day, real estate investors are in the people business.  

A Real Chance To Show Off Memphis Real Estate

Memphis Invest just concluded their 5th Memphis In May With Memphis Invest real estate weekend and I can say with all humility that this years' event was the best by far!  We had the largest group of investors we had ever hosted, which presented a lot of challenges for us from logistics to presentation and simply hosting in general.  We always want everyone to feel like they are the only real estate investor in the room and judging from the comments, thank you's and emails we have already received since the event ended on Saturday, I think we achieved our goals!

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.

For counties and municipalities across the country, property taxes are the gift that keeps on giving. In both good and bad times, American cities and counties seem to find a way to burden their residents by raising these pesky levies. Since mortgage lenders often automatically shunt future property tax payments into escrow accounts each month, many equity-building homeowners don't even focus on the fact that they're paying hundreds or thousands of dollars per year to their local governments.  This year, Shelby County, Tennessee, which is the county where Memphis is located, is assessing the value of every property and adjusting rates.  Some are going up and some are going down.  Event though we manage close to 1,600 single-family rental properties in Memphis, it makes sense to think about our own homes tax appraisal.    

A clear trend in Memphis real estate has become apparent in the last few years. Due to a combination of factors, the inventory of available housing has been on a sharp decline. According to figures from a recent article in The Commercial Appeal, the inventory of houses for sale has decreased from 13,300 in January of 2008 to fewer than 6,000 in January of 2013.