How You Can Sell Your House Fast In Memphis

No one wants their home to languish on the market. If you want to sell your house fast in Memphis, you’re going to want to make sure you have a solid strategy. These are a few tips you’ll want to keep in mind as you look for a buyer for your home.

Get Rid Of Clutter And Personal Items

It’s likely that your home is full of knick-knacks and items that are personal to you, like family photos. While some of these things may be cherished possessions, you’ll want them out of your house while you’re trying to sell.

When a potential buyer sees your home, they should be able to picture themselves living there. That’s a lot harder to do when your child’s drawings are displayed on the fridge. Getting rid of clutter can also make your house appeal larger, which can create an illusion of more space.

Work With A Realtor

You may be determined to sell your house on your own. However, if your goal is to sell effectively and for the right price, the smartest thing you can do is work with an experienced realtor that knows the local market well. Realtors typically work on commission, which means the realtor you work with will be highly motivated to sell your home.

A lot of people are wary of working with real estate agents because of the cost. Surprisingly, studies have found that homes sold by realtors sell for significantly more. Even if you’re paying a fee to a realtor, you could wind up earning more than you spend.

Sell To An Investor

If selling quickly is your priority, then going with a realtor or selling on your own might not be the best option. Working a Memphis real estate investor can often get you a sale much more quickly, and they will typically cover all the closing costs and fees associated with the transactions.

Investors normally prefer a property to not be in tip top shape, because they make their money in buying it at a discount in order to make their money. This means that you won’t have to make any repairs out of pocket on your own, so you’re actually potentially saving money this way.

This is a great method if you can’t afford to get the house up to market standards, and you can get a home sold in a lot less time than with a realtor. Sp

Take Great Photos Of Your Home

An excellent price isn’t enough to get your home noticed. In many cases, when people are house-shopping, they follow their heart. That’s why beautiful photos can make or break a real estate listing.

Focus on taking clear, high-quality photos that capture some of the most beautiful details of your home. Make sure you take exterior shots as well as interior shots. Curb appeal is very important to buyers. If a buyer falls in love with your house before they ever see it, there’s a great chance they’ll make an offer.

Create A Listing That Will Catch People’s Attention

In addition to stellar photos, you’ll want to use the right words in your real estate listing. Buyers often enter specific search terms when they are trying to find the right home. As mentioned above, “curb appeal” is something a lot of buyers seek out. Buyers may also look for things like “quiet neighborhood” or “large backyard.”

If you’re not much of a writer, you may want to enlist a professional to create a great listing for you. People may be apprehensive about seeing a property if the real estate listing includes spelling and grammatical errors. Make sure your listing is making a good impression.

Consider Renovating

Fixer-uppers aren’t in high demand anymore. Many buyers specifically want to move into homes that are turnkey ready. If your home is dated, or if there are parts of your home that are in need of repairs, making renovations could lead to a faster sale.

Naturally renovations aren’t something that all buyers are going to be able to afford. However, if you invest money into your home, you can expect to see a return. If you can only afford a few renovations, kitchens, bathrooms, and your backyard are the best spaces to focus on.

Consider New Paint And Flooring

If you don’t have room in your budget for large-scale renovations, you can make smaller fixes instead. Installing new flooring and repainting your walls can make your home look like new again. You may also want to consider adding new light fixes as well.

A few small changes like this can make a home look more inviting. While hardwood floors can be a big investment, vinyl and laminate flooring can be very affordable. If you do choose to paint your home, you should make a point of using neutral colors.

Pick The Right Price

If your home is priced too high, it’s likely to sit on the market for quite some time. While homes often sell for less than they are listed for, picking a higher price isn’t always a sound strategy. Many buyers use price filters, which means they won’t see a home that is out of their price range.

You should base your price on the price other comparable homes have sold for in the last few months. Don’t look at what homes in your area sold for a few years ago. If you want to make a fast sale, recent data is key.

If you want to find a buyer for your home quickly, you’re going to want to make sure you follow the right advice. These tips will help you get your Memphis home off the market sooner rather than later.

What Does A Home Inspection Consist Of

What Does A Home Inspection Consist Of

When it comes to properties, especially when you’re on the path to real estate investing, there are certain things you do to make sure that your investment is protected.

From getting multiple quotes, to insurance, one of the often overlooked protections is a home inspection.

Why are we writing about a home inspection?

Because it’s often one of the things that sets us apart from our competitors when it comes to investing in a property.

We tend to have safer deals based on the numbers, and the numbers are reinforced by our confidence in the quality of that property’s deal.

First, let’s talk about what happens during the home inspection.

A Full Home Inspection Is Comprehensive

This means that the home inspection is going to cover a LOT of different angles for the interior and exterior.

The inspection is going to cover things like:

  • Structural Elements: things like the structure of the building, foundation, shape of the house, sagging zones, and pretty much anything that would cost the most and would be long-term damage
  • Plumbing: Pipes can sometimes have cracks and leaks inside the walls, or might be related to things like sinks, toilets, and tubs, etc. This also includes the water heater.
  • Electrical: Wiring needs to be done correctly, and need to make sure that it’s actually up-to-date. Too many times have we seen wiring cause issues later because it’s so outdated.
  • Attic & Roof: These are definitely going to be checked as the roof can be one of the most expensive components, and the attic can have issues like leaks or patches.
  • HVAC: Need to make sure that heating and cooling work properly and that there aren’t any unexpected issues with the a/c, especially if you’re in the south.
  • Exterior: The exterior of the house will get checked like lights, paint, siding, and they’ll do a full check of a garage if it’s unattached.
  • Grounds: Basic checks of things like septic, drainage, driveways, and pretty much anything around the property that needs to be maintained.

You get a full home inspection in mostly two scenarios, any time you are buying a house, or whenever you’re doing a new construction build.

There are times when you might need to check out only parts of a house. That would be a partial inspection.

That allows you to choose individual components and get them inspection, which ends up being cheaper and faster.

Missing The Inspection Can Kill Your Deal

The last thing you want, as an investor, is to buy the home, start work on it, and find out there’s a major issue with it like foundation, plumbing, or electrical.

These are generally things that you’d want to know before-hand, so you can use it as leverage to get a better price or get the seller to repair them.

Missing those can cost you several thousand dollars, which comes entirely out of pocket and, by extension, your profit margin.

The lender is going to get their cut, so it’s entirely coming out of yours.

And if you’re doing a buy-and-hold, then that’s definitely even more out of pocket, extending the time it takes to make a return.

Go ahead and get that inspection done.

You’ll be more confident about the deal knowing that the structure is safe or at least it’s what you expected it to be.

And if it’s not, then you can adjust accordingly and adjust expectations with your lender and contractors.

We’ll continue providing some more information on home inspections, when you should do them, and what to do to make sure you’ve got all your bases covered.

Here on


Real Estate, Online Marketing, and Unique Business Models: The Ultimate Combination

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Most people would consider having multiple “businesses” as laterals rather than complementary aspects.

But let me tell you, when you combine things together that are seemingly separate but end up being complementary, you create a true unique selling proposition.

If you want to be in real estate, have skills in online marketing, and can creatively apply new and unique business models, then you are really in a league of your own.

That’s what happened when AirBnB first went into business, and then again when people realized they can have a totally different business model with their own real estate.

The Real Estate Method of Long-Term Investing

Real estate investing has been around for decades and it has built people immense amounts of wealth.

This can be from wholesaling, flipping, holding rental properties, or owning commercial properties.

In each case, the real estate investor can make a sh*t ton of money from land and the properties on top of them.

One of the tried-and-true methods of growing steady wealth is by having rental properties.

The easiest way for people to do that in most cases is through either single-family homes or multi-unit apartment complexes.

With single-family homes, you can have a long-term tenant that pays you monthly, covering your mortgage and gaining a little bit of profit.

This is called having cash-flow.

With commercial properties like apartment complexes, people start small with duplexes and then trade up to bigger complexes using the 1031 exchange.

This means that you can sell a property and buy another one without having to pay capital gains taxes.

This has been done for a long time, and people have built millions in assets simply by doing this.

Most real estate investors that have some years on them will tell you that these two buy-and-hold strategies are the best way to create a solid foundation of passive income.

Combining Online Marketing Into The Mix

Check this out:

If you take the buy-and-hold strategy and turn that into an online marketing gig, then what do you get?


AirBnB’s idea was to provide places that people could rent on a nightly basis that were not in hotels.

They built their platform then scraped the properties craigslist, where they’d seen a need forming, and attracted audiences to their site.

In what seemed like overnight, they built an empire of rental properties and such a large user base that they grew far more quickly than anyone would’ve imagined.

This is the power of putting technology and marketing with a business model that has already proven to work.

Creating The Unique Business Model

Homeowners noticed something really neat:

Since they could rent their own properties for a nightly rate, they were making a lot more money than with a long-term tenant.

A tenant might be $950 a month for a particular 2 bedroom apartment, but when you rent the unit  for $100, you only need to rent it out for almost 1/3 of the month to reach the same amount of revenue.

After evaluating the demand for housing in particular areas, homeowners realized they can triple the revenue they bring in from a single property.

With that revelation, there’s only one way to go from there…

…Purchasing more properties and replicating the model.

Now real estate investors have turned to catching as many short-term rental properties as possible with the intent of putting them up on nightly rental sites like vrbo and airBnB.

Once that business model started trending, other real estate investor saw an opportunity.

Wholesalers are able to find sellers who need to get rid of a property, and they pair them up with a buyer who is interested in it.

They get a check as their “fee” without ever having the purchase the property.

They are simply doing the middle-man’s work.

Why not do the same thing with the airBnB short-term rental business model?

Now we’re seeing a trend of investors finding homeowners that are willing to monetize their properties but don’t know how or don’t want to learn how to deal with short-term rental processes and regulations.

Investors will get a homeowner to agree to the model, and then turn around and prepare it for airBnB-style renting.

This means that they might have to put in some work into the interior, which generally raises the home’s value anyway but also gives a better “cozy” feel to the space.

Then they will list them on these short term rental sites.

The properties will get bookings and the investor will split a portion of the profits with the homeowner, making it a win-win-win situation for all parties involved – the homeowner, investor, and tenant.

This is called a Master Lease model by some, and they are becoming increasingly popular in tourist areas or neighborhoods that have a lot of events or venues.

Check out this video on rental arbitrage to find out more:

Other methods might involve simply buying properties that fit the mold.

Areas such as downtown Houston always have a need for rental properties for the various events, venues, business meetings, and tourists.

These areas are also subject to foreclosures, and people are struggling to keep their homes.

This can result in another win-win situation where, as an investor, you’re able to save a homeowner from bankruptcy while also remodeling the home and preparing it to be a profitable business for you.

Many other cities can provide homes at a discount as well, you simply have to learn how to look.

Catch The Wave

Check out the Master Lease model and see if it might be something you can dig into yourself or do with your own properties if you have them.

These might also be called AirBnB arbitrage.

It’s worth checking out the demand on short term housing in your area and seeing if you might be able to make some additional profit on the housing that’s available there.

Let us know what you find, and check back to learn more! (

Top 5 Tips For Energy Savings For Your Home

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We tend to use a lot of energy in our homes, and that can rack of a costly bill with our energy company. A lot of homeowners consider reducing their energy consumption or getting solar panels, which are great options, but there’s also more they can do right now which don’t cost them any money. Check out some of these tips for reducing energy consumption and saving on your energy bill.


  1. Air Leaks – One of the biggest offenders is air leaks. Generally, there are some small cracks in doors or windows that let air leak out, which keeps your a/c or heater constantly running because of the additional influence on temperature as it moves out. Simply caulking some of these leaks or getting fillers for spaces in between or under doors can make a remarkable difference in how long it takes to cool/heat, how long it lasts, and how much money it saves.
  2. Restricting Air Flow – Some rooms in homes are not used as often, and one of the easiest things to do would be to simply close the doors to that room and close the air vent until it’s being used. By reducing the air flow to it, you can push that to the rooms that are being used, and closing the door restricts how much the temperature in those rooms influence the thermostat’s reading.
  3. Energy Efficient Bulbs – While there are some really cool light bulbs out there, getting high energy efficient bulbs will definitely help if they are lights that are heavily used throughout the month. LED lights are also becoming increasingly popular for ancillary usage since they are very efficient with energy.
  4. Turn Off Appliances At Night – In the digital age, we tend to leave our computers on over night, which constantly sucks up energy while we’re not using it even when it’s idle. The same is also true for charging mobile devices. While a device is plugged into an outlet, it’s still drawing juice from the grid even if it’s already at 100%. Turning off our computers or other energy-hungry appliances can reduce energy consumption over night, which will add up.
  5. Referral Programs – One of the lesser known methods is referral programs with your energy company. In states where electricity is decentralized, residents have the option to choose what energy company that go with and sign a contract. By using a referral code, you generally will receive a credit to your first bill. Then as you refer more people from your referral code, you can receive additional credits that reduce your bill throughout the year. In Texas, for example, there is the reliant energy company that provides a similar referral program to what we’ve described here. Additionally, check to see that your contract for your energy bill hasn’t run out. What ends up happening is your cost goes from 7 cents per kW to 10.5, raising your bill, for example, from $70 to $130 easily.


While there are many more tips that you can find for conserving energy and saving money on your bill, we find that these are the top 5 that are easy to do and give the most benefit. If you immediately do these things, you can see a significant reduction in your bill as early as next month.

Check out our homepage for more tips related to housing and energy (!

This entry was posted in Energy.

The Path To Real Estate Investing

Image result for real estate investing

Most people have heard of real estate investing in one sense or another, but it is generally a mysterious strategy that they don’t understand or even think it’s something beyond their capability. Contrary to popular belief, real estate investing is something anyone can do if they’re truly interested in learning the ins and outs. With the help of a Houston home buyer company, we’ve brought a summary of the primary real estate investment roles.


The Styles of Investment

There are multiple styles of real estate investment, including wholesaling, flipping, and lending.


Wholesaling is when an investor finds motivated or distressed homeowners that are looking to sell their homes and pairs them up with a buyer that is looking to flip the property. When a wholesaler has a seller, they must lock them in under contract so they can’t go with another wholesaler or be put under a real estate agent. The reasoning behind this is that the wholesaler must be able to have rights to the home if they’re going to bring in an investor, and they must be able to lock in the price. The wholesaler is essentially the middle man between the seller and the buyer, but they do put a contract fee on top of the sales price. It’s important to know what’s a good value for the investor and what is a good price to put on it so that it doesn’t run outside the investors’ range.


The real estate flipper is the most comment investor, the one who purchases a home with the intention of repairing or remodeling it so that they can turn it around and sell it for market price. The flipper may purchase directly from a seller or purchase from wholesaler inventory if the price is right. They must deal with the construction crew that handles the renovations, and they must be able to bring in money from a lender if they don’t have their own budget. This means that they have to know the accounting and finance well so as to bring a good deal to the lender and not put themselves in a hole should things go wrong with the market or remodeling.


The lender is someone who generally was once a flipper but has graduated into simply lending money to other flippers for interest. A lender is generally looking to promote deals based on their preference (a single family home, apartment complexes, RV parks, etc) and if the cost is appropriate based on the after repair value. In most cases, a lender is willing to participate as long as the purchase price is 70% of the market value once the remodeling is complete. This allows for remodeling costs, buffer for issues, and enough profit for both the flipper and the lender himself.

Getting Started

In order to get started with real estate investment, it’s important to attend local real estate events such as REIA groups, private company events like IRA or hard money lender events, or any functions that are related to real estate investment. There are many that happen on a monthly basis in most primary cities. This is where investors go to network, build relationships, learn, and find more deals. Building a network is the absolute most important thing to do when getting into real estate investing. Having a network can not only give you lead flow or buyers/lenders, but it can assist in other ways like JVs, getting new ideas, or even taking part in business that is not related to real estate. Reach out to a “sell my house” company if you’re looking to find some wholesalers that may have inventory for buyers.


Mautomats, Roll Out! Welcome!

Welcome to the redesign! We’ll be adding some new information regarding business and passive income sources. Check back in over the next few weeks as we’ll be diving into some useful plans of action.


This entry was posted in General.