Memphis, TN (PRWEB) March 4, 2011
On February 24th, Memphis Investment Properties took a group of 19 investors from New Zealand for a bus tour of Memphis looking for investment homes, and they liked what they saw. Jim Reedy, president of Memphis Investment Properties and his partner, Craig Jennings, sold 16 homes that day.
“We knew they were keenly interested in Memphis property. They were signing purchase contracts left and right and several expressed interest in buying more property here from Memphis Investment Properties in the future,” Reedy said.
This is not the first group of foreign investors to visit Memphis in search of real estate investment property, and it certainly won’t be the last. In early March, a group of investors from Australia will fly in, and tour the city looking at potential real estate investment properties.
During the past 12 months, Memphis has gained notoriety as one of the prime spots in the US for high returns on investment in residential real estate. Memphis Investment Properties has gained a reputation as the premiere Memphis real estate investment firm, with vast experience guiding investors though the process of real estate investment, including handling all aspects of property management.
"It seems like every day we get a call from a new investor who is from a different country, and they find our 30-year track record with property management particularly attractive," Reedy said.
Reedy said with this brusque activity in home sales, Memphis Investment Properties is positioned for a record year in its 30 years of operation. In the first two months of 2011, Memphis Investment Properties has sold 50 properties, 50 percent of those were sold to foreign investors.
“Our business continues to grow exponentially and currently about 30 percent of our investors are out-of-town or out of the country. The word about the great deals here is spreading fast,” Reedy said.
For more information about Memphis Investment Properties, visit http://www.MemphisInvestmentProperties.net, or call 1.888.INVEST3 (468-3783).
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