This week's featured 'Turnkey Transformation' is a property that is located in a historic area of Dallas, TX. Many of the homes we acquire have their own unique challenges, and after 15 years, we've seen and done it all. But if any of our investors have ever purchased or rehabbed an older home with a historical committee, then you're probably familiar with what kind of obstacles we had with this property! At the end of the day though, Memphis Invest was able to turn this rundown and ragged home into a cute cottage for our investor and their residents!
3 min read
Boarded Up Bungalow To Bright Rental
By Chris Clothier on Tue, Aug 28, 2018
2 min read
Dingy Nightmare Turns Modern Chic - Dallas Market Turnkey Transformation
By Chris Clothier on Tue, Aug 21, 2018
Sometimes when we acquire a property, there's a lot more to do than just repairs. There can be quite a bit of clean up, too! But luckily for us, with our 15 years of experience, there's not much our team hasn't seen or can't handle. Today's 'Turnkey Transformation' is in Dallas, TX, where we see a cluttered, messy home turn into a clean, polished property that residents and investors can be proud of.
2 min read
Tragically Tacky Turned Treasured Home - Oklahoma City Market Turnkey Transformation
By Chris Clothier on Tue, Aug 14, 2018
If you're like most people, you can probably remember a time when you made a 'bold' decorating decision. Sometimes they work, and sometimes these design choices are a little too far out, even for the most artistic of interior designers! Every once and a while at Memphis Invest, we find some really unique touches to the houses we acquire. I wanted to share today's 'Turnkey Transformation', where the previous owner wasn't afraid of color, and the bathroom vanity might be a little too vain for some!
2 min read
From Nothing to Something Incredible - Memphis Market Turnkey Transformation
By Chris Clothier on Tue, Aug 7, 2018
I wanted to start off the month of August showcasing one of our incredible homes in Memphis, TN. What's great about this week's 'Turnkey Transformation' is that it is NEW CONSTRUCTION. Many turnkey companies only offer properties that have been mildly to moderately renovated. But here at Memphis Invest, we want to cater to our investors and residents that desire a brand new home!
2 min read
Iconic 70s Home Becomes Modern Magic - Little Rock Market Turnkey Transformation
By Chris Clothier on Tue, Jul 31, 2018
It's our second week to share with you our "Turnkey Transformation of the Week" here on the Memphis Invest blog. Every Tuesday we're going to include pictures of a property that has been renovated by one of our Memphis Invest rehab teams. Each week we'll bring you a renovation from one of our 5 markets, so that you can see more of what our teams do here everyday!
1 min read
Dilapidated Home Becomes Shining Gem - Dallas Market Turnkey Transformation
By Chris Clothier on Fri, Jul 27, 2018
I'm so excited to share a new segment we're starting on the blog. Every week we're going to bring you a 'Turnkey Transformation', which will include pictures of a property that has been renovated by one of our Memphis Invest rehab teams. Each week we'll bring you a renovation from one of our 5 markets, so that you can see more of what our teams do here everyday!
4 min read
5 Low Cost Transformations to Boost Your Investment Property's Appeal
By Chris Clothier on Mon, Sep 26, 2016
Sometimes, real estate investors neglect to put the right pizzazz in their investment properties. We think to ourselves, well: they’re just renting. They don’t care as much. It doesn’t matter what it looks like. We’re telling you: it matters. The rental market is growing and in demand, and there is plenty of competition, even in secondary and tertiary markets.
Renters aren’t going to settle anymore. In order to really compete, it’s important to keep up with some interior design and home showing trends, especially when you start considering renovations.
These are simple changes that will make you property timeless and appealing to a wide pool of renters. Remember: presentation matters, whether you’re showing to buyers or prospective tenants.
5 min read
5 Overlooked Investment Property Renovations Your Tenants Will Notice
By Chris Clothier on Mon, Jul 25, 2016
For property owners, making carefully calculated property renovations is one of the surest ways to increase your property value and monthly revenue. Of course, we all know the most obvious places to put our renovation dollars: the biggest returns on your investment are found in kitchen and bathroom remodels.
But where do you go from there?
For real estate investors, it’s important to remember that tenants aren’t like homeowners. They put value in different things because they aren’t usually planning a permanent stay. Your property isn’t their forever home.
They’re going to be less concerned with some things and more concerned with others because of that.
When it comes to renovations, if you’ve already taken care of the kitchen and the bathrooms, where else should you focus your attention? What’s going to help you attract and retain tenants? You might be surprised on how these often-overlooked details make an impact.
5 Overlooked Renovations That Matter
3 min read
Why Repair?: Weighing in for Real Estate Investors
By Chris Clothier on Tue, May 27, 2014
For real estate investors, property renovation can be a tricky business. In most cases, repairs and renovations are done primarily to boost the property value of an investment property. Investors go to great lengths upgrading kitchens and adding on an extra bath to see gains in their bottom line. In some cases, the repairs and renovations are being done to boost the rental rates of properties.