If someone asked you to choose between two types of investment strategies – efficient strategies and inefficient strategies – which would you choose for your own business?
Unless you are a glutton for punishment, you would surely choose to enjoy efficient strategies. (I know I would.)
After all, life is short, and time is money, so why waste valuable resources wrestling with an unnecessarily cumbersome business model? Nobody wants to do that.
Chris Clothier certainly doesn’t. Chris manages sales and marketing for Memphis Invest – a business that provides comprehensive residential real estate investment services to remote investors – and he knows a thing or two about efficient investing strategies.
For example, Chris’ team participated in over 500 different “turnkey” real estate deals last year alone (averaging more than two deals per business day), and that sort of productivity is simply impossible without (i) a strategically efficient mindset and (ii) a well-executed game plan.
Accordingly, our ears perked-up recently when Chris began to suggest that turnkey investing might be one of the simplest ways to make money in real estate.
What Is Turnkey Investing? Does It Make Sense for You?
Turnkey investing means different things to different people, so we invited Chris to set the record straight (once and for all) for Real Estate Mogul.
And, boy, did he deliver!
In today’s video lesson, Chris does more than simply provide a good definition for turnkey investing. He also presents a thoughtful framework for the three “pillars” of this uniquely simple and streamlined strategy:
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Timing
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Economics
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Team
As today’s guru draws from his wealth of experience in turnkey real estate, his helpful insights allow you to begin exploring whether this efficient “one call” strategy is a good fit for your own business model.
From Chris Clothier, Turnkey Titan …
{Mogul Elite: Download a transcript and MP3 of this video in the Power Pack tools for this lesson.}
Timing – Consider the timing of your turnkey investment strategy. Do all indicators suggest that the timing is right?
Economics – Consider the economics of your target market(s). Investigate the factors driving each property’s surrounding economic, demographic, social and political trends.
Team – Consider the qualifications and capacity of your comprehensive turnkey team, especially the team’s ability to efficiently own and operate each aspect of your operation.
Chris Clothier
owns and operates three multi-million dollar a year marketing brands including 1-800-SELL-NOW, Find Cash Buyers NOW and Find Private Lenders NOW; each brand, under the REI Marketing umbrella, is designed to help real estate investors and agents reach a specific marketing niche.