MemphisInvest & Kent Clothier

General Real Estate Investing
1

I live in Hawaii and would like to invest in real estate but properties here start at 300K.
Would anyone recommend using a company like MemphisInvest to invest and manage a property for me in
a less expensive market. I saw Kent Clothier’s Webinar today and he offers a “turn key” opportunity for those who want to invest out of state. Any comments on this? Any other suggestions?

2

Hi Lisa,

       Actually virtually every real estate investor on this website could find you a property and set you up with a turn key deal! (Supposed to be a deal!)

You have to be the one to research any state, county and city / town area and do your due diligence!
It is easy to say “I got the perfect turn key property for you” but harder to find the right property with all the right attributes.

You probable can do just as well doing your research on growth markets and using networking to find the right property in the right location?

Good luck,

             GR
3

I am in Hon. The Haw RE Investor club has something like that. Check them out. Free meeting on 9/14.

4

Lisa, investing long distance will always pose challenges. My experience has been most management companies aren’t very worthwhile.

5

Hi Lisa,

My name is Frank and I run the training calls we have on REIClub. If you are interested in finding out some more information, or to get more of your questions answered please feel free to pm me.

I will be able to get your questions directly over to MemphisInvest.

Thanks for listening in last week. We always appreciate our students.

Good Investing,
Frank Chen

6

Hi,

 Memphis has one of the worst violent crime rates in the country, and was ranked third by Forbes in its list of miserable cities for corruption by city officials.

According to stats released by the Federal Bureau of Investigations, the city had the second-worst rate of violent crime. NeighborhoodScout, which tracks crime and other factors in various cities and neighborhoods said “One’s chance of becoming a victim of either violent or property crime here is one in 10. Within Tennessee, more than 90% of the communities have a lower crime rate than Memphis.”

As for political corruption, reportedly nearly one public official per month over the last decade has been charged with public corruption. Recently, a former city administrator used a city account that was supposed to be for auto parts to buy big screen televisions.

See full article from WalletPop: http://srph.it/cUWyYi

You see Frank, I was trying to teach Lisa to do her own due diligence!!!

            GR