Stay Away From Mephis Invest

A company that asks you to invest in their three major cities of Memphis, Dallas, and Houston without doing all of the work. It's a newer concept that will more or less handle everything for you.

Sounds good right? Yes it does, but whats the catch? Digging deeper they state this

"Memphis Invest has specifically tailored their business practices to assist investors who either invest outside of their own state or are too busy in their daily lives to invest without assistance. We have put together a program where an investor has access to all of the needed services to make your investment a successful one. From the closing attorney all the way to the bug guy, our staff has every service imaginable ready to go to work for you."

More or less this is for investor who simply want to do nothing more than hand over their money. It might sound like a perfect fit for you, however what happens if they manage your property poorly? You will not be there to make thing right. The idea of investing in a property and having a professional management company handle everything isn't new, however this is a slightly different idea.

Memphis also finds you the deals, arranges financing and you literally sign a  few papers and that's it. Sounds great, but there is truly too much effort, faith, and decision power in the hands of these people. What if they are giving you a bad property? They make money only when you buy, so if they get you in over your head what happens then? You think they are going to bail you out? Probably not.

Usually when something sounds too good to be true, it's because it truly is too good to be true. If you invest that is great, I'll see you in 5 years when the ship shinks you have lost your savings.

Manage your own property, find your own deal, make the time do it now!

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America's Favorite
The Small Time Investor.