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Archive for January, 2010

Social Media is a hot topic for Memphis investment real estate

Is it just me, or does it seem like Social Media Chris D Clothierand Social Networking are going to be the big buzz words of 2010?  Every day I am bombarded with invitations to come hear the newest expert talk about how you can become the next expert too.  There are a lot of tricks and maybe a few tips discussed about how we all need to be online and embracing the new tools for networking, marketing and PR.

I happen to agree!

I gave a talk two weeks ago (yes, I’m one of those “next experts”) to the Mid-South real estate investors association in Memphis about the need to secure and take control of your online presence.  Regardless of your line of business or situation in life, we are all in need of a web presence simply for the ability to control our image and the story that others hear about us.

My talk focused on getting online and getting involved to promote your brand, your image and stimulate activity for your company.  Many on hand were individuals that didn’t have a particular company to brand or promote, but by the end of the evening they understood the need to get online.

It is becoming more and more commonplace for banks, lenders, insurance companies, hiring firms, colleges, etc., etc. to run the names of those wishing to do business with them across several social sites and through an online name search, just to see what comes up.  If you are not in control of your image and your message, then there is no telling what will come up.  Whether it’s having a presence on a simple media tool like Youtube or Facebook, or going elaborate with hosting your own blog; controlling the message about you personally or about your company, is going to be vitally important for 2010!

If you would like to receive a copy of the presentation I made, including 5 do’s and 5 don’t’s for Social Media, you can post a message at the bottom of this post and I will forward that to you.  Don’t forget to make sure I know how to email you.

Chris

Categories: Tips & Advice

Memphis investment real estate market is finally getting recognized

In case you missed it, Smart Money magazine wrote an article at the end of last year talking about what we at Memphis Invest had mentioned about the Memphis real estate investment market back in September.

Great Article in Smart Money Magazine!

Memphis is highly undervalued right now as far as property values are concerned – 21% under value in fact!  That means that a property that appraises for $100,000 today is really worth $121,000 minimum.  If you purchase that investment property from Memphis invest at $75,000, the question to ask is, what is your equity position?

It sure ain’t $25,000!! (Excuse my dialect!)

The real equity position of that property is $46,000.  Now, the question we always ask every investor is……

Why do you care?  These are long term investments, not short term, quick pay day, fix and flip investments.  The Memphis market has a tremendous history of even, sometimes slow growth in property value generally tracking slightly ahead of inflation.  The fact that Memphis as a city features low priced, quality housing and very good job prospects for those willing to work (i.e. – blue collar, hourly wage, solid jobs), helps lend to the notion that investors who purchase Memphis real estate should be looking for long-term returns on their investments and not worrying about the EXACT value of their property today.

Don’t get me wrong, you should never over-pay for a property.  But if you are buying at discount and the values are already 21% below TRUE value, then you are getting a heck of a deal.  The numbers you need to pay attention to are the NET return on investment and the NET monthly cash flow.  Don’t get all excited by the fly-by-nighters who will show numbers that are too good to be true (that’s will be a different blog post!).

Just pay attention to your true return on investment and know that buying at discount in the Memphis real estate market today is an investment that will pay huge dividends over time!

Chris

Categories: Investment News

Kent Clothier starts 2010 with a newsletter to Memphis real estate investors

MemphisInvest.com Monthly Newsletter
Issue: # 13 January 2010
Assisting you with your future!
Welcome to 2010!

Thank you so much for giving us the opportunity to assist you with your real estate investing.  Whether you have taken advantage of the services our family owned business provides or are waiting for the right time to invest, your interest in our company and the opportunity to do business together is very important to us.

In this issue I will share with you my thoughts on the year 2009 as well as insight into how fantastic 2010 will be!  MemphisInvest.com is adding some additional events as well as weekly events which maximize your opportunity as an investor to get information about our great city and all the value added benefits of doing business with MemphisInvest.com.

I want to wish all of you a prosperous 2010 and I look forward to continuing our relationship with you as a top provider of turn-key investment real estate properties in Memphis!

Kent Clothier, Sr.

Value of investing in Memphis real estate on the rise!

Reasons to get started investing TODAY continue to mount.

Graph showing reasons to invest with MemphisInvest.com If you haven’t figured out why you are investing in Memphis real estate then maybe some of these stats will help you out.

– Memphis is 21% undervalue entering 2010.
– Analysts believe job market will stabilize with unemployment around 6%-8% for Memphis.
– The over-all consensus is that Memphis will continue to see opportunity for investors as home prices remain below value.  A second wave of foreclosures will keep the supply side high and pricing for investors well below value in 2010.
– Mortgage rates are expected to climb to an average of 5.86% by year end which remains HISTORICALLY low even after the climb!
– With the job market predicted to see growth in the supply, defense, medical, staffing and distribution fields, demand for Memphis rental housing should continue to be strong.

MemphisInvest.com is owned by investors who are constantly keeping our eyes on the local economy and specifically the housing and rental markets.  We feel that 2010 will continue the recent trend of years with outstanding opportunity to take advantage of low entry pricing with high rates of return on investment.

Welcome to our new investors!

MemphisInvest.com welcomes 11 new investors in December.

Customer service is a priority! We get a lot of pleasure and real satisfaction out of being able to assist real estate investors from around the country and the world.  They look to us because of our deep involvement in the local real estate community, our commitment to customer service and our knowledge of the local trends.  One of the ways
that we measure our success is by our growth in new investors each month and December was no exception.  We want to thank our 11 first time investors who chose to purchase investment properties in Memphis and to use the turn-key program that MemphisInvest.com provides!

Thanks again and we look forward to building strong relationships with each of you!

Thank you very much for taking the time to read this email.  It is always a pleasure getting the opportunity to communicate with you.  If I can assist you with anything please feel free to contact me at info@memphisinvest.com!

Sincerely,

Kent Clothier
MemphisInvest.com

In This Issue
Invest in Memphis for Value
New Investors
Commercial Appeal
Quick Links


Home price stability seen for Memphis!
Memphis will be among the best areas in the nation this year for stable home prices, according to SmartMoney.com.

The article, based on data from Moody’s Economy.com, projects that home prices in Memphis will rise .99 percent in 2010.

That would be second only to Tacoma, Wash., (2.44 percent) and ahead of Pittsburgh (.89 percent), Charleston, S.C. (.18 percent) and Seattle (a decline of .5 percent).

Much of the credit for the healthy Memphis forecast goes to the city’s major employer, FedEx, the article states.

The transportation industry is among the first sectors to rebound as the economy regains strength, the article states.

Than Merrill visits Memphis Invest .com
Categories: Uncategorized