Please forward this error screen to 77. Please forward this error screen to sharedip-132148196113. Real estate investing does not taking equity out of investment property to be complicated nor stressful! It can be fun and you can be the Hero of your story by following in the steps of other successful, passive real estate investors.
Memphis Invest has put together an easy to follow Quick Start Guide full of videos, and easy to read content to assist Turnkey real estate investors with making smart, sound real estate investment decisions! If we concentrate on getting better our customers will demand that we get bigger. Our business philosophy begins and ends with that one statement from Truett Cathy, founder of Chik-Fil-A Restaurants. Early on, when we were a small real estate investing company with a handful of team members, we began studying business books, customer service books and management books as a group. We have continued that habit as we’ve grown to a Top-50 homebuying company in the country, employing over 70 team members.
Real estate investing and the words “customer service excellence” are rarely used in the same sentence. Memphis Invest set out to change that and build an award-winning customer-service team with a plan to WOW our clients! Memphis invest is committed to providing you with best-in-class communication, transparency and accurate data delivery. As Memphis Invest has grown, we can see how a dedication to providing fundamentally sound investment properties with a commitment to high-quality renovations, excellent property management and top-tier customer service has made the difference. Gold Standard in the turnkey real estate industry. We host other turnkey companies in our offices to show how our company was built and the level that they have to perform if they want to be considered a great company.
Memphis Invest, GP, truly pioneered the turnkey investing process and we have worked hard to develop the same standards of excellence with our Dallas and Houston offices. Honest, open and transparent communications are the integral ingredients to our success. Each is extremely important for all real estate investors, but especially for out-of-area real estate investors. As our company has developed through the years, many real estate investors have come to trust and respect us for our honest opinion and upfront advice.
We’ve also grown as a leader in the real estate investment industry, and many companies seek our advice and input as they try to develop similar companies in their cities. Memphis Invest has earned the reputation as a leader in the real estate investment community and the title of “Premier Real Estate Investing Company in the U. In August 2012, Joe Calloway visited the offices of Memphis Invest for an on-site visit and a discussion of his book Becoming a Category of One. Calloway was so impressed that he devoted an entire chapter to our family company in his next business book, Be The Best At What Matters Most.
After 30 years of working with some of the best companies and organizations in the world, it takes a lot to impress me. This little company in Memphis, Tennessee, absolutely knocks my socks off. Kristi and I sat down this morning and I brought her up to speed on our rental houses. We have 15 houses paid off and the others will be paid off in 23 months! I’m 44 yrs old and and I’ve already scheduled my airline retirement in December 2017. This would not have been possible without YOU AND YOUR team’s help.
I purchased 4 properties from you over the course of about a year. Your company did everything they promised and then some. I remember on one of the houses, we had some issues which resulted in the cost being more than your original estimate, and Chris did not hesitate to write me a check to make up the difference. I have also been very pleased with the management provided by Premier, your management company. Thanks for taking the afternoon to show me through your entire operation. It is obviously a very well enjoyed system which benefits all the players on both sides. Thank you for treating me to BBQ at Corkey’s and for getting me answers to all my questions.
2018 Memphis Invest, all rights reserved. 47 0 0 0 13 6. Q: I want to invest in a rental property. Is there a formula I can use to determine the value of a building based on the rent it takes in? Brooklyn Law School professor David Reiss. Start with your gross rental income, which is simply the total of one year’s worth of rents for all of the units combined. It’s safest to use existing rents, but you can conservatively increase the amounts if you are planning to improve the units and raise rents.
Read Next: Can Rental Income Save Your Retirement? Also, the cap rate assumes a cash purchase. So in that case, he suggests also calculating your return on upfront costs. Again, you need to consider the relative risk of the particular investment property to determine whether that payback rate is high enough. Look at several properties to get a better feel for how the risks and rewards compare. Read Next: Should You Buy An Investment Property?