MemphisInvest.com Blog

Thursday, December 17, 2009

Fantastic Memphis, TN. investment property at huge discount!

Memphis investment properties like this 3 bedroom, brick, ranch in Memphis, TN. are the rare finds that investors look for when they invest in Memphis real estate!

With properties like this one from Memphis Invest on the books for 2010, investors can look for a very good year!

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Location: Southeast Memphis

A three bedroom two bath Memphis investment property with this much curb appeal rarely comes along in this part of Memphis. When everything comes together on an investment property, you get a fantastic looking house, purchased at a great discount, in a highly desirable neighborhood, with great location and curb appeal. That describes this property perfectly and it is a fantastic opportunity for any investor looking to invest in Memphis real estate. Located just around the corner from local schools and shops, this investment property is already one of the best looking properties on the street, even before rehab! This property has a nice eat in kitchen, large living room with a stone fireplace and vaulted ceilings, large bedrooms, and a nice backyard. With an estimated rent of $850-$950, this property offers MONSTER cash flow for an investor with an estimated 20%+ ROI.

Repairs to this property include: fresh interior paint, new floor coverings, servicing all systems, touch up exterior trim, landscape work, and house cleaning.

Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.
Contact Information

Pricing
Price: $55,900.00
Estimated Rent: $850-$950
Annual Taxes: $1,466.59
Zillow: $79,500
Previous Sale: $105,000 7/9/2007
Tax Assessed: $81,300
Rehab: $10,700
Estimated ARV: $67,000

Property Location
4020 Berrybrook
Memphis, TN 38115
View Map

Features
Bedrooms: 3
Bathrooms: 2
Parking Spaces: Driveway
Year Built: 1976
Lot Size: .31
Square Footage: 1285

Photo Gallery

Thursday, December 3, 2009

Make-A-Wish and Memphis Invest team up to take a break from real estate and make a Dream come true!

Memphis Invest, GP, a local Memphis real estate investing firm, has always been proud to serve the greater Memphis community with causes that directly effect the affordable housing situation in Memphis and the restoration of neighborhoods that have been decimated by the falling economy. In the past we have supported Habitat for Humanity as well as local food pantries, meal kitchens and over-night support centers. After having had such a blessed year, we decided to add one more charitable organization to our donation list.


This past week, we had a chance to give back in another way to a teenage girl and her family who were in need of a Christmas season pick me up! By working through the Memphis chapter of Make-A-Wish Foundation, Memphis Invest granted a wish of a 17-year old girl to take here family to Walt Disney World in Orlando, FL.They will enjoy a week in Orlando and an opportunity to put the hospitals, school and the brave fight behind them for a few days while they enjoy time with her favorite character Mickey Mouse.


The staff at Memphis Invest want to thank Make-A-Wish Foundation for their wonderful guidance and support as we prepared for unveiling of her wish and for making it a special afternoon for our company as well as the young recipient and her family. Assisting other has been a focus of Memphis Invest for several years and we are grateful to have found another way to give back to those in need.

We look forward to granting another wish next year!

Saturday, November 14, 2009

Very nice Memphis Investment Property in Fox Meadows neighborhood of Memphis.

3322 Foxwood, Memphis, TN 38115--Memphis Investment Property

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Location:
Fox Meadows Neighborhood, Memphis, TN

This Fox Meadows home is one that any Memphis real estate investor should not want to miss! As far as discounted properties go in Memphis, this brick, three bed, two bath, two car garage home tops the charts when compared to other opportunities. Being located in a fantastic and historical neighborhood of Memphis, the home should rent or lease option to a tenant very quickly. Having a nice fenced in backyard, a storage shed, corner lot, and great monthly positive cash flow are just a few of the reasons you should consider this property for your next investment! Memphis Invest has been bombarded this year with investors who are looking for the best deals and this one definitely qualifies! If you are looking to invest in Memphis real estate, make sure are working with one of the top Turnkey investment real estate providers in Memphis.

Repairs to this property to include: new interior paint, new floor coverings, service all systems, landscape yard, and house cleaning.

Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.


Investment Property Pricing
Price: $67,900
Estimated Rent: $900-$1,050
Annual Taxes: $1,827.38
Zillow: $102,000
Previous Sale: $114,500
Tax Assessed: $101,300
Rehab: $14,000
Estimated ARV: $105,000

Memphis Investor Property Location
3322 Foxwood
Memphis, TN 38115
View Map

Features
Bedrooms: 3
Bathrooms: 2
Parking Spaces: 2 Car Garage
Year Built: 1971
Lot Size: .27
Square Footage: 1640

Memphis Investment Property Photo Gallery

Monday, November 9, 2009

Investment real estate continues to fall in pricing...Making EXTREME bargains for Memphis investment newcomers and pros!

Raleigh is a fantastic area of town for real estate investors. There are many great features to this part of town including access to freeways, proximity to hospitals, schools and shopping as well as several new projects bringing additional jobs. Raleigh is one of the more popular areas for Memphis Invest to purchase investment properties as our clients like the pricing, the returns and the steady rental area. We have attached an appraisal to the property from a certified appraiser and are developing a full rehab list. Call us today and ask how you can get started investing with our Full Turn-Key investment services company.

3789 Kipling, Memphis, TN 38128

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This is a nice three bedroom, one bath, brick property situated on a nice street in the Raleigh area of Memphis. This is a high quality Memphis investment property and is a very good additional for any investor looking to invest in Memphis real estate. This particular street in Raleigh is very nice with well maintained owner occupied homes. There are very few houses for sale or rent in this area. The house absolutely feels larger than it is and features a living room, dining room, kitchen, storage room, three bedrooms, and one bath. With rents of $650-$750, this property should rent quickly and offer a Memphis real estate investor great positive cash flow with a significant equity position.

Repairs to include: interior paint, new floor coverings, HVAC system repairs, plumbing repairs, electrical repairs, house cleaning, and lawn maintenance.

Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.
Pricing
Price: $31,900.00
Estimated Rent: $650-$750
Annual Taxes: $916.39
Zillow: $65,000
Previous Sale: $46,900 2/21/1997
Tax Assessed: $50,800
Rehab: $11,000
Estimated ARV: $57,500

Property Location
3789 Kipling
Memphis, TN 38128
View Map

Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: 1 Car Carport
Year Built: 1964
Lot Size: .20
Square Footage: 1000

Attributes
Interior Amenities
Hardwood Floors
Attic
Exterior Amenities
Fenced Yard
Grass Lawn
Photo Gallery

Thursday, October 29, 2009

The amazing things a 3-year old eating Chinese food can teach you about Memphis Investment Real Estate!

I was recently asked about a post I did some time ago with my then 3-year old son. I decided to update it a bit and re-release it. It is amazing how much we can learn when we don't know fear.

One night, when my family was out to dinner, 3 year old gave me an idea about how to explain the need to get over your fear if you are going to be a successful real estate investor in Memphis. The perfect storm for real estate investors to purchase great investment properties in Memphis will not last forever. With a company like Memphis Invest, regardless of past experience, we can assist investors with building high quality portfolios of Memphis cash flow properties. Here's the story.....

3 Year old with chopsticks!

On Monday night we took our 3 year old out for Chinese on his birthday. He loves everything that is edible and will try almost anything unlike his 7 year old brother. So here he is with his chopsticks wrapped around a just delivered egg roll that's as big as his fist and determined to get it in his mouth. You see, he set a goal - he was going to get a bite of that egg roll one way or another. Being that it was just made and delivered fresh, it was still a little hot and his first bite gave him quite a shock. He quickly shot that first bite back on the plate with a look of disgust on his face and grabbed his water to cool off his tongue. After I explained to him that he needed to blow on it to let it cool off before taking a bite he proceeded to try that bite again and loved it!

It was so funny watching him eat the rest of his egg roll, blowing on every bite from every direction, but enjoying every bit of it! He ate the whole egg roll along with everything else we put in front of him that night. While watching him it occurred to me that he learned from his own experience, listened to someone else tell him how to achieve his goal and went after it again - savoring his victory! I can guarantee he will eat more egg rolls in the future. So how in the heck does that relate to Real Estate??

Most investors I have talked to in the past have always known they wanted to invest. And almost everyone of them has had a set back - a shock - taken a "hot bite" that scared them a little. The successful ones have all taken their time to regroup and figure out how to not get burned again. They've learned from their mistakes, sought out advice and help and some have even gone to work building a better team to surround themselves with. All have ended up enjoying their experience and growth as real estate investors.

The important lesson is that not all deals are going to go super smooth. Some are going to leave you with bumps, bruises and burns, but in the long run those all heal and your real estate portfolio should leave you smiling!
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MemphisInvest.com is a full service real estate investment company that offers turn key investment opportunities by specializing in assisting investors from around the county who seek to develop wealth building portfolios of cash flow properties in Memphis, TN. Memphis Invest is family owned and all of the principles are full time real estate investors, each with large portfolios of Memphis properties. Stop by our website at www.MemphisInvest.com or contact us at 1-877-773-9998 today! Best of luck with all your real estate investing.

Tuesday, October 27, 2009

Real Estate Investors love the Memphis Invest simple approach to Investing

Memphis Invest recently hosted real estate investors from around the country for a two day event where they could learn about Memphis, meet the entire Memphis Invest team, see first hand how easy it is to invest in Memphis real estate and then get out and explore some real cash flow opportunities.

Here is a quick video highlighting the great two days:




Memphis Invest had so much fun hosting the event that they have decided to host 2 more in the next 90 days. The first will be December 9th & 10th. If you would like more details on who should attend one of these special bus tours, visit Memphis Invest Cash Flow Buying Tours.

Thursday, October 22, 2009

Fantastic Cash Flow in Memphis Investment Property!

If you are looking to invest in Memphis real estate..... this is a good place to start!!

7089 Apple Creek, Memphis, TN 38125
Memphis Investment Property
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Location: Southeast Memphis

Southeast Memphis is fast gaining a reputation for having great properties in nice neighborhoods that Memphis real estate investors are falling in love with. With 4 bedrooms, 3 baths, a two car garage, a fenced in backyard, back deck, vaulted ceilings, and central heat & air, this property is a great example of why these types of Memphis investment properties are cash flowing so well for investors. And these are just a few of the features that make this home such a great deal!

The property last sold for $138,000 and we are selling it for only $79,900 or LESS THAN 60% OF WHAT IT LAST SOLD FOR! Talk about a discount! Located in the 38125 area of Memphis, this house would have great lease option potential and should rent for $1,095-$1,250 allowing for an investor to have RIDICULOUS cash flow!

Repairs to this property will include new interior and exterior paint, rotten wood repair, new floor coverings, servicing HVAC, landscaping, and house cleaning.


Due to perpetually changing market conditions, estimated values can vary due to external factors such as lender requirements, appraiser used, and length of time to refinance after purchase. Estimated values indicated are from time of posting.

Information
Pricing
Price: $83,900.00
Estimated Rent: $1,095-$1,250
Annual Taxes: $2,523.69
Zillow: $152,000
Previous Sale: $138,000
Tax Assessed: $139,900
Rehab: $15,000
Estimated ARV: $124,000

Property Location
7089 Apple Creek
Memphis, TN 38125
View Map

Memphis Investment Property buying tour a Huge Hit!

This past week, MemphisInvest.com hosted over 60 real estate investors from around the country for two days of learning about truly passive real estate investing in Memphis, the "Done 4 U" model that Memphis Invest offers it's investor clients and the great city of Memphis itself.

With speakers and coaches traveling in from around the country and clients traveling from as far away as Hawaii, everyone was treated to two days of great seminars, inspirational talks and one fantastic day of traveling the city by bus to view Memphis investment properties.

A few even stayed in Memphis as extra day to visit Graceland!

J.D. Esajian from A&E's "Flip this House" helped focus the gathered real estate investors by giving insight into his companies ideas and criteria when investing in properties for long-term hold. By advising the real estate investors to focus on the basics of sound investing and doing business with a quality company, he was driving home a major theme of Memphis Invest .com. "It's important that investors know how to determine the basics, the numbers that go into a good deal before they purchase an investment property" stated Kent Clothier. "Often times, especially for out-of-area investors, they have to rely on someone else to give them accurate, detailed information and over the last two days we've been able to show these investors who we are as people, as a company and what our vision for the future of Memphis real estate investing is. That goes a long way in earning trust and building credibility that the numbers we present are accurate and investing in Memphis properties with us, is a sound investment strategy".

After two days of reviewing properties and learning about how to invest in Memphis real estate, everyone returned home - some with new investment properties, some without, but everyone returned with a little more knowledge and excited for the future of Memphis real estate investing!