I want to just say thanks for your patience. I've been away for about eight weeks. I haven't done an episode in almost two months. The reason for that is because I've been traveling extensively here for actually the whole year but mostly throughout the summer. I spent about two and a half weeks traveling through Italy and up to Paris. That was a family vacation. The rest has been all business related. I've been traveling everywhere from Kansas City to Dallas to China. I actually just got back from Shanghai, which was just an amazing trip. I might talk a little bit more about that in my next episode because it's quite fascinating what is going on in terms of investment capital and foreign investment in the US. Aside from that, I plan to get back on a weekly recording schedule here as best as I can. I still have a lot of travel coming up here over the course of this month and the rest of the year. I'll do my best to continue to deliver content and bring on some great guests.
In the meantime, I want to announce something that we haven’t done for a long, long time and we rarely do, and that is a combination of an educational seminar/property tour where you can actually just kick the dirt and walk around and see various properties in a market at different stages of development; from acquisition to demolition to renovation through to completion, so you can see everything that gets done, who’s doing it and how it gets done. That’s combined with some amazing speakers, everything from finance to 1031s and whatnot. That’s all packed in about a day and a half. It won’t be a long drawn out four-day event. It will be short, sweet, you come in on one day, you have a day and a half of networking and education and property visiting. Then you could leave in the second half of that day or the following day. That’s what this episode is about. It’s investing in Memphis, Tennessee and some information about our upcoming property tour.
I have a great guest. He’s one of our team members out in the local market. He knows the market very well. Memphis has been a great market for us. It always has been. It’s a perennial market. It’s very strong. The real estate market there in Memphis continues to grow. It has been what I call a perennial cashflow market. You don’t see wild fluctuations and appreciation. They’re strong, steady, stable rates of return in cashflow. If that’s what you’re looking for, it’s a perfect market because it’s got everything you could possibly want aside from hypergrowth in terms of price appreciation. We don’t have an inflated market but we do have what a lot of investors want, and that is solid, steady, consistent income and rates of return.
We're going to dive into that and bring on James, our partner here. Stay tuned.
If you missed our last episode, be sure to listen to >Daniel Amerman – Inflation, Deflation, Debt and the Coming Housing Crash? | PREI 088; (Edit)">Daniel Amerman – Inflation, Deflation, Debt and the Coming Housing Crash?
Enjoy the show!
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