MemphisInvest.com is a family-owned real estate investment firm providing turn-key investments for real estate investors. Here you will find tips for real estate investors and news about the real estate investing world.
Most of us aspire to be in a better position than where we are right now. Taking that aspiration and channeling it into real, meaningful life change that turns into success—be it in career, wealth, or relationships—is another story entirely.
Our investments are infinitely valuable. That might sound like we're overselling it a little bit, but think about how much people really put into their investments. When people choose to pour their time, resources, and money into investing, they are striving to build up financial security and resources often not only for themselves but for their families.
This week we're in Little Rock, AR for our Transformation Tuesday. Little Rock is a more recent addition to the Memphis Invest team of markets, but it has proven over and over a solid opportunity for turnkey investors. This 40+ year old property has had a massive makeover, and when a a well-renovated home in a stable market is available, we have the best of both worlds for investors and residents!
When we embark on the journey of investing in real estate, we all have some sort of vision for ourselves and our financial future. For many of us, it looks like a worry-free retirement, escaping the rat race, or supporting our family's future. Maybe we're looking to take vacations or pay for a child's education. Whatever the motivation is, we have this in common: we want to take financial control back.
For many of us, the fears of the Great Recession are still fresh in our minds. These fears aren't entirely unfounded. We remember the feeling of waking up to countless property values bottomed out and the complete Wall Street chaos of the late 2000s. But now, as we near 2020, we have to both recognize that we are in separate circumstances while also understanding the inherent risk of any investment.
This pink painted house in Memphis, TN is this week's Turnkey Transformation! As you can tell, there were quite a few bright features of the home we wanted to neutralize, as well as get rid of some of the outdated exterior elements. Find out how our Memphis team was able to get this property renovated for $45,500 and in an amazing 80 day timeline!
Over the past several months, murmurs of an economic slowdown have been steady. While some would see this as a cause to worry, we know that this is all a part of the natural economic and real estate cycle. There is nothing to fear from the natural ebb and flow of things, provided other red flags are not present.
When we think about U.S. markets with opportunity and potential, Memphis probably doesn’t come immediately to mind. You likely think of primary markets first, like New York City or Los Angeles. However, no real estate investor should make the mistake of underestimating the power and potential in secondary markets.
This 50+ year old home is in Memphis, TN and is this week's Transformation Tuesday! Find out how we took a $40,500 rehab budget and 156 days to complete this renovation inside and out. After some cosmetic repairs on the interior of the home and some major landscaping, you'll want to see these before and after pics and see the dramatic difference our team made on this property!
Investing in real estate can come with a steep learning curve. With all of the nuance, strategy, and law involved, it can be tricky to know what you should prioritize. One of the best tactics to familiarize yourself with early on is the 1031 Exchange—the biggest tax benefit you can take advantage of in real estate investment.