Memphis real estate investment presents a unique opportunity with its high rent to price ratio favoring that of income investors vs. that of a growth real estate investment. "Think of Memphis as the dividend stock of the investment home market," says Stephen Green, President of Investor Nation. "Our clients are buying high quality
Memphis investment homes in areas that wouldn't cash flow in other cities." Stephen is referring to areas in the eastern fringe of the city and suburban areas which normally sell at retail prices of $125,000-180,000. Buyers are snatching these up for $65,000-100,000 capturing substantial equity positions as well as receiving positive cash flows after 30 year mortgage financing.
Because of the attractive characteristics of
Memphis investment property, bidding wars have recently pushed prices up of foreclosures. "You can still buy them undervalued and below appraised values", says Curt Davis, Vice President and Memphis Market Manager. "They're just not as cheap as they were at the beginning of 2009", he added.
With $100,000 homes receiving $1300-$1500 in rent, investors are getting sizeable returns on their property investments in Memphis. Additionally by staying in the above price points a realistic exit strategy is 3-5 years.
Prior to buying real estate in a particular market like Charlotte, there are many considerations. Market alone does not determine if a real estate investment will be successful, although it definitely helps. In
buying real estate Charlotte has to offer a team is required to ensure success. That team includes:
- Financing
- Property management
- Contractors
- Appraisers
- Home inspectors
- and more.
Often it can take months or even years to identify a team that is right for your Charlotte investment home selection. Many investors start with Charlotte real estate brokers and look to their network. While this strategy is certainly better than using the yellow pages, it is much more prudent to identify a team of investment home experts in the area.
Experts in Charlotte real estate investment should be able to ensure your success because they know you'll potentially be a repeat customer. Companies like Investor Nation have to function this way. When dealing with an
investment home company, you'll likely get an experience rolodex of venders who have been proven.
Going though my e-mail today I noticed a news feed caption that caught my attention; it read as follows: New Bill seeks to extend and expand Home Buyers tax Credit. This bill HR 2801 was introduced by Howard Coble (R-NC); in the bill is an extention pass the end of 2009 deadline but also extends the tax credit to previous home buyers and removes the income cap.
With all that being said and the latest S&P Numbers for the
Dallas Real Estate gaining momentum. Now is as good of time as any to seriously consider looking into
Dallas Investment Opportunities. All things considered, it's only a matter of time before rates start to rise and there is no t
The
Real Estate Dispatch which is the official blog of Bigger Pockets a real estate investment social network and portal, named Memphis one of the best 3 cities to invest in. This is according to an analysis of the PMI index which projects the risk of a market declining in value over the next 2 years.
The city has many investment opportunities right now with the slight price declines, strong rental demand, and favorable interest rates. Many investors are coming to the city purchasing
Memphis investment homes and slowly buidling cash flow portfolios. This is in addition the traditional tax benefits and equity that many markets offer. By offering cash flow Memphis real estate investing has a leg up on many comparable cities.
A company like Investor Nation can help you get started by offering a turn-key investment approach to buying income property in Memphis.
Time magazine latest headline was "The recession is over"; and the statement has sparked strong debate. Depending on what statistics you look at there is enough proof to go around regardless of your argument.
As I've stated many times before from in the trenches of real estate; Dallas Investment Opportunities are getting better and better. Housing sales rose about 2% from April to May and has been on an upswing since Feb of this year by all accounts.
It's only a matter of time before sale prices begin to rise so for investors deals are there for the taking. Buying Real Estate in Dallas is a good choice and with price-points, interest rates and tax breaks.
I don't want to go on and on, about how good the deals are in Dallas; just check it out for yourself.
As you narrow your search for investment property down to various geographic markets, pay especially close attention to how stable the market you looking to invest in is. Memphis is regarded as a cash flow play for most. Slow growth, low appreciation, but low prices and a strong rental market.
Many people have been asking me how Memphis is weathering the economic tsunami that has hit many cities. I think the story can be best told by looking at the job market. Using the most recent data, Memphis shows a 12 month job loss of 13,700. Memphis is faring pretty well. When you look at other markets, like many places right now in the US (Detroit -135,000, Phoenix -136,000), Memphis shows the signs of a mature city with a diversified economy. Because of this
Memphis real estate investment is a relatively safe proposition.
So if you are on the fence about particular markets, consider shortlisting Memphis. Upon doing so you'll need to begin identifying submarkets within the city for Memphis investment homes. That's where we come in. We offer properties for sale with due diligence already complete. This allows you to purchase
Memphis investment opportunities with ease.
Many people have shortlisted Memphis, Tennesse as a top 10 place to buy and hold investment homes. If you are one of these people, it is important to ensure that before you purchase, you have built a solid infrastructre to do so. This will minimize absentee landlord headaches and maximize potential returns.
In order to build a solid infrastructure you need to assemble a team of people well versed in
Memphis real estate investment. You'll need the following ingredients;
- Property finders or real estate agents
- Home inspectors
- Appraisers
- Contractors
- Closing agent
- Financing
- Property management
That's just for starters. The above elements are essential if you are going to have someone look out for your Memphis investment home. To assemble a team like this requires patience, many calls, mistakes, and taking chances. There is another way. Enter turn-key real estate investment.
Investor Nation Advisors offers all the relationships above, plus a turn-key method of executing everything from the purchase to the closing, renovation, management, and beyond. We've perfected this system over hundreds of closings and continue to refine the process with every real estate transaction.
Finding a Memphis investment opportunity gets a whole lot simpler when you use a system like ours. The process is simplifed minimizing the margin of error. We invite you to view our current
investment homes.
It is no secret why Investor Nation chose Charlotte and Atlanta as its first expansion points for property sales. These are not only considered some of the best cities for real estate investment, but recently
Georgia and North Carolina both scored among the top ten states for doing business. Tennessee, which is the home of
Investor Nation Advisors landed number 20 on the list with a strong showing in the cost of living and transportation categories. When evaluating how to invest some of your hard earned dollars, you should take a serious look at Charlotte real estate investing, Memphis investment property or even properties that Atlanta has to offer. Between short term monthly cash flow and long term wealth building, we promise to bring you quality peace of mind from the best cities for real estate investment.
Health care, inflation, higher taxes? Oh my! These topics are all over the news these days. No matter what side of the aisle you are on on the health care issue, one thing is for certain, inflation is all but inevitible and higher taxes are in your future. Want to know a big secret about how to protect yourself financially for the future? Start researching the best cities for real estate investment and promise yourself you will purchase a rental home before the summer's out. That's right, before Labor Day, tell yourself that you will take an honest look at these
Charlotte investment opportunities and begin to take control of your uncertain financial future. Within 20-30 years, your $5000 investment in a Charlotte investment property will be paid off and more than likely will have appreciated. You will almost certainly have positive monthly cash flow to pay back your five grand investment and every April when you file your tax return, you'll be happy to know that depreciation will help lower your tax burden. Labor day is a little over 30 days away, so take action today and let us help you get that Charlotte investment home!
With the recent headlines across the country of unemployment topping 10%, a
silver lining of sorts is hitting the newlines today concerning Tennessee. One thing that we've noticed is that while cities are getting hit by foreclosure waves due to unemployment or ballooning mortgages, rent ranges in Memphis are holding very steady at pre-bust values making Memphis one of the best cities for real estate investment. If you're looking to jump in to real estate while the prices are low and money is cheap, you should take a good strong look at getting a Memphis investment home to start your portfolio. Memphis real estate brokers have been bragging about this market for years, but now is the time to make sure you lock in your monthly cash flow for years to come.
I started thinking today about the dog days of summer. This is often the time that everyone just tries to make it through and soon within a couple months the US consumer is focused on the holidays. But as I think about this time, there couldn't be a better time to reflect where you are relative to what you set out to do in 2009.
From a financial perspective it could have been a goal of real estate acquisition. How many Dallas investment homes did you set out to purchase? Are you 60% of the way there? It is easy to get excited about something and when the interest wanes you focus on the next thing. It seems the only thing that separates the uber-succesful people from everyone else is determination and resolve to acheive goals.
That being said there are tremendous Dallas investment opportunities in the marketplace right now. Working with a company that can provide you a
turn-key real estate investment experience will allot you the time needed to focus on your life's goals. Consider leveraging our time to reach yours.
A report this week on
housing prices in the US reinforces the urgent need to take action. If you've been watching the housing market and wondering if you should be researching the best cities for real estate investment, the answer is yes. As the study mentions, this is definitely not a sign that prices are creeping up across the board and that the slump is over, but it does suggest the fact that the perfect timing for that Charlotte real estate investment is potentially coming to a close. According to Charlotte real estate brokers like
Eric Layne of Showcase Realty, the thing that is holding prices steady in Mecklenburg County is the first time home buyer tax credit. Many people who are owner occupants are competing with investors and these shoppers aren't afraid to bid more than list price because of this tax credit. If you're looking at Charlotte real estate investing, now is definitely the best time. Money is cheap and housing won't be this price forever!
I've always seemed to be heavily involved in my own rental properties. I manage the management companies, and manage some of the properties myself. I always think there is a better way. The key is streamlining your
Dallas investment home business.
Property management companies can be very effective. However you abusing them by calling them constantly is not effective. Let the management companies get your properties rented. Feel free to offer them suggestions on how you want your business run on the front end. I've seen people many times get under the skin of management companies by creating a new list of demands and the management company trying to accommodate them. Rarely works.
What you can do is prior to entering to an agreement with a management company make sure you fully understand their approach to renting and managing. Such as;
- How do you advertise?
- Do I pay for the advertising?
- What online sites do you use to advertise?
- What are all of your fees? (ask for a sheet disclosing any and all fees)
- How quickly to they pay rents after collecting? (this is a big one)
Owning great investment property Dallas has to offer will be much more comfortable if you've prepared on the front end. This is especially effective if you've never owned
investment homes before.
It is time for you to start your own plans for long-term wealth building. Many people dream of leaving their jobs for greener pastures and starting their own business. Check out this published report that was
recently printed in the Charlotte Business Journal. Maybe it is going to be harder than you think to fund your great business idea. But to become wealthy, you don't need an earth-shattering idea such as Google Chrome or a digital book reader--you can start by getting serious about Charlotte real estate investments. Buying real estate in Charlotte has never been easier and the great thing is that you can borrow money from a bank to do it and have a tenant pay your mortgage for you over time. This is truly the key to long-term wealth building, now what are you waiting for?
According to the Mortgage Bankers Association,
VA and FHA loan applications are up a lot the last couple of months. The reason this is happening is that these two programs provided down payment subsidies to encourage first time homeowners to get out and purchase. It is really a wise move for these subsidies to have increased, as it is theoretically supposed to help support the housing market prices across the country. I believe that investors are trying to fill that void and if banks would lend money faster (thought their hands are tied by these same bureaucrats who make these subsidies possible). The great news is that the best cities for real estate investing are getting a shot in the arm for price stabilization. The bad news is that these prices are creeping up to levels higher than you may want to pay as an investor.
Investor Nation provides a silver lining for this competition. If you're looking at buying real estate in Charlotte for instance, Investor Nation has been able to beat the homeowners to the punch and is offering cash flow positive houses at 50-60 cents on the dollar. NOW is the time to jump in and purchase that Charlotte real estate investment you have been considering for a while. Don't mess with getting outbid over and over, choose a source that will not only offer you the value as an investor, but will walk you through each of the steps of financing, renovation, and property management. Charlotte investment property is increasing in price, but it can still be yours at a great value by visiting The
Investor Nation site today!
Have you ever thought about getting away from the rat race and starting your own business? It is a no doubt a thought that has crossed everyone's mind who works for a large Fortune 500 Firm. According to the Kauffman Foundation in Kansas City, a lot of
Baby Boomers are starting to make this dream come true. But what if you lack the necessary skills to make this happen? Or the financial backing? Or the proper team in place to assist with the critical functions? Why not make a commitment to yourself and start your own business by investing in the best cities for real estate investment. You can do this all from the comfort of your home and never have to leave your 'safety net' job that you have held for ten years. Your amazing benefits package will still be there and your monthly income will not fall while waiting on your business to grow. In fact, by buying real estate Charlotte is offering, you can even kick start your retirement plans. If you are between the ages of 45-55, then fifteen years from now you could have
2 or more Charlotte real estate investments paid off if you were to make a move today. Consider this easier method of starting a business and take control of your financial future!
If you're like most people who have joined a REIA or subscribed to an investment magazine looking for for the best cities for real estate investing, you may have decided that in this economy, you need to sit back and watch. You probably recognize that this is one of the best times in your life to purchase that Charlotte real estate investment, but you can't seem to find the time.
I have recently become a fan of Seth Godin and read his blog religiously now. In fact, if there is one habit I've become accustomed to recently, its the discipline of opening my Seth Godin blog every morning and applying it somewhere to impact my day. I want you to
read this simple blog about 'finding room' in your day for a simple yet brilliant action item for your future. Researching Charlotte investment opportunities and picking up the phone and making your future happen is very easy to do. You just have to make room in your busy and hectic life to ensure that you will have plenty of time and financial freedom in 20 years.
As a someone who helps people create long term wealth by selling Memphis real estate investment properties full time, each work day is business from sun up to sun down. I hardly have enough time to pick up my dry cleaning, much less do I have time to hit the fishing hole, like I'd love to. Why? Because, in today real estate investing market, truly great deals are few and far between, and you won't know how good of a deal you're looking at until you've completed at least 3 hours of due diligence on a deal. With so many potential deals to evaluate, there is little time for my rod and reel.
This presents a question, if I (a person who does this everyday, year round) feel that I am missing out on great
Memphis investment opportunities on a daily basis. How many great deals are you missing out on by trying to "do it yourself". Consider how much time you've wasted looking for a deal that has never presented itself. Perhaps it is time to enlist the services of a team that has a pr oven, 100% turn-key system. Check out some local business, and ask around. Find a company that you feel comfortable with, and go ahead, and save yourself some time. It's probably more valuable than the money you are saving by doing it yourself.
A
Dallas Business Journal report was released on Tuesday that described the falling apartment market in the Dallas Fort Worth area. It was reported that apartment occupancy in Dallas dropped half of a percentage point during the second quarter, making the decline a full 3 percent for the year ending in June. It is also expected that, over the next year, occupancy will decline further and rent cuts will continue. MPF Research is forecasting rent declines near the 4 percent mark for the year ending June 30, 2010. For all you commercial investors, if you are looking to purchase a Dallas investment property, this is something to consider.
If you feel that a you've found a Dallas commercial property that is too good to pass up. You might want to do a little extra due diligence on the potential decline in rent ranges in your area. Enlist the advice of a local commercial property management company to help you in your research. Even if they charge you a small fee, it would be worth knowing exactly what type of future rent range you can expect, before
buying real estate Dallas. It could save you loads of cash in the future.
