MemphisInvest.com Blog

Showing posts with label Property management in Memphis. Show all posts
Showing posts with label Property management in Memphis. Show all posts

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.

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
Main Photo
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
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Wednesday, December 31, 2008

Great investment property with $200+ NET cash flow and over 25% Equity!

4644 Benoit--Lovely Home in Southeast Memphis

Location: Southeast Memphis

Smart investors know that a nice three bedroom two bath brick home with a 2 car front load garage and a fenced back yard near schools is a great discount priced investment property. Add the fact that Memphis Invest already has a turn key system to assist you in purchasing the property, rehabbing the investment property to bring it up to date, marketing and managing the investment property to acquire a quality tenant and you have a proven system for building a cash flow portfolio of Memphis investment properties. This property is located in a very nice part of Southeast Memphis which has been a very popular area for renters over the past year. Set on a large well maintained lot, this property features a nice porch outside for entertaining, galley kitchen, large living room, and nice sized bedrooms. This Memphis Invest cash flow property would be a great asset in any investors portfolio!
Contact Information

MemphisInvest.com
info@MemphisInvest.com
1-877-773-9998
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Price: $64,900.00
Estimated Rent: $995-$1,095
Estimated Cash Flow: $100-$200
Annual Taxes: $1,954.24
Rehab: $10,000
Estimated ARV: $109,000-$118,000
Memphis Invest Home Page

Features
Bedrooms: 3
Bathrooms: 2
Parking Spaces: 2 Car Attached Garage
Year Built: 1980
Square Footage: 1754
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