New real estate investors spend a lot of time preparing to invest. They read, analyze, research, weigh strategies, examine markets, and eventually, come to the point where they feel ready enough to jump in with both feet. But as with anything, experience is the true teacher.

We all quickly learn that real estate investment isn’t quite how we pictured it in our head...and there are a few lessons we’d wish we’d learned before we got started.

Save yourself wasted time, energy, and stress. Learn these five valuable lessons now.

Investing in real estate can get overwhelming, especially when you’re new to the game. It’s filled with a lot of different processes and variables. When your investments are totally self-directed and filled with possibilities that span markets nationwide, no wonder new investors find themselves feeling paralyzed!

If you’re at a loss as to what to do next, don’t worry. We've all been there. The Clothier family has been investing at some level in Memphis and Dallas for the better part of 30 years! So we know how overwhelming it can be in the real estate investing business! We've worked with over 1,600 real estate investors and currently manage over $500 Million in assets for our clients. So pay attention to the 7 steps below that you can take towards real progress in your real estate investing career. It's invaluable advice that we can honestly say has helped us get to where we are today!

Every real estate investor starts in pretty much the same place: feeling more than a little nervous, with a vague ‘in theory’ idea of what they’re doing, and with a lot of work ahead of them.  

For new real estate investors, getting your proverbial ducks in a row can seem like a huge task from the get-go.  For everyone that reads our blog and sees a $100 Million company, just remember that there was a time when we were beginners too!  Memphis Invest knows exactly what it feels like to be getting started and the details an investor needs to pay attention to.

There are so many details to take care of and so many things that you need before you can really get going!  However, our experience has shown us that investors often put the emphasis on the wrong "must-haves" and "must-dos".  Investors have to stay focused on the right priorities and a big priority is the environment a real estate investor creates to work.

New investors have a lot on their shoulders—a mixture of hopes and dreams for a bright financial future with some anxieties that it might not work out quite like they’ve built it up in their minds.

When it comes to real estate investment, we never really stop having some of these thoughts.