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MIG exists to serve the Memphis-area real estate investment community. Our mission is to provide our members the education, training, motivation and networking opportunities that will further the ethical investment in real estate.

 

If you think the price of education is expensive consider the cost of ignorance.


NOTICE:  By attendance at Memphis Investor Group in person events, you voluntarily assume all risks related to exposure to COVID-19.

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MIG is a full-time, Non-Profit TN association offering its members exciting educational and networking opportunities and an array of money-saving benefits.
 
 
 
 
 
 

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4728 Spottswood Ave.
Memphis, TN 38117-4817

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   October Monthly Meeting        October 9, 2020

 



This program is one of our member's favorites and one you must attend.  


The program will in be REAL examples of ACTUAL nightmares and how you may avoid them or recover from them.  The panel discussion will include many of the popular and entertaining characters in MIG.
Make your plans today to attend this virtual October meeting.  Here's how:







 

Saturday Super Series Workshop
October 10, 2020  12 noon to 5:00 pm central

Discovering Overlooked Profits Through Real Estate Development Understanding & Profiting from Land Use Laws
Smarter real estate investors are always on the lookout for new, innovative, better strategies to serve their customers & increase profits. While many are familiar with fix and flip, buy and hold or wholesaling strategies, few truly understand land use laws and the potential for real estate development and therefore leave potential profits on the table.



Think about it. What if you could develop or redevelop a property and enhance both your community and your bank account??

It is done everyday. But real estate development options are often simply overlooked or not even considered because of a lack of knowledge.

MIG’s Super Saturday Class in October with Kevin Perk will change that for you.

 

Over the course of a fall afternoon, Kevin will teach you about real estate investing options you may never have considered.

*
What if you could rezone a property to allow for a higher number of apartments?
* What if you could change the land use from residential to commercial or office?
* What if you could develop 3 or 4 lots and sell them to a home builder?
 Sounds easy enough, but it is not.

Kevin Perk

Featured Speaker: 

Kevin Perk

Investor, and MIG Past-President,

Kevin Perk is the founder and publisher of Smarterlandlording.com. He is the author of Advice From Experience To New Real Estate Investors.  Subscribe to Smarterlandlording here.

The second part of the class will focus on how the rubber meets the road.
* What is the viability of pursuing some type of development?
* Will it get approved?
* What will the neighbors say (hint: A lot!)?
* And, most importantly, what is it all going to cost.
Land development is generally not cheap, there are a lot of moving parts and professional advice will be needed. Where do you even begin?

We will discuss your own copy of the Development Cost Estimation Spreadsheet as we follow the moving parts and examine the real world costs of:
* Professional advice
* Street construction
* Curb, gutter and sidewalk installation
* Installing sewer, water and electric
* Development fees
* Lots, lots more.

Then, after examining of these costs, we will turn towards projected income to determine the bottom line. Will a potential project be profitable or not? Is it worth the effort and expense to move forward?

Finally, we will close with a quick discussion on financing and business structure options for these potential developments.

Will you learn everything there is to know about real estate development in one afternoon on Saturday, October 10th? No, that is not possible. But you will come away from this Super Saturday Series with the knowledge and tools to begin thinking about options you may have never even considered before. Whether you are a beginning or a more advanced real estate investor, you need to take this class. At only $50 for MIG members $100 for non-members it’s a no-brainer! Register today!


When: 
Saturday, Oct 10, 2020
Class begins at 12 Noon until 5:00 PM +/- central

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and Vacant Property Registry information: 

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Fight Blight

Blight
 Memphis Blight Elimination Charter       
 Learn about blight in Memphis and be part of the solution.
 
To see the Memphis Blight Elimination Charter: CLICK HERE
Blight Summit (2)


 
  


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Attendance at a Memphis Investor Group event constitutes consent  for the use of your image or likeness on promotional materials of and for the Memphis Investors Group including the Memphis Investors Group website and its pages and social media sites.

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Memphis Investors Group & National REIA partner with other businesses to provide specific member services. Upon joining, MIG or National REIA will share personally identifiable information that is necessary for third party businesses to provide discounts, rebates and other member benefits. These business parties are required to use personally identifiable information exclusively for the purpose of providing their services and may not use this information for any other purpose or share or sell this information.