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Price is always a major factor to consider in real estate, and Memphis has been doing great in offering out-of-state investors an advantage in this regard, enabling them to invest in local homes for investment properties. According to reports from the Memphis Business Journal, great homes in Memphis are getting huge offers when they hit the market and are often selling for more than the market price. Although Memphis real estate is a booming market, other factors made it so, aside from price margins. The city houses many attractive events like …

Memphis Home Sales Up From 2019 2020 was a lot to process, Coronavirus and other issues ensured that the economy flatlined. This has left many with questions, there has also been a comparison between the economic happenings of the last year and the 2008 economic woes that saw the global downward spiral of several big economies. Like in other American states, the crunch was felt in Memphis. However, certain metrics showed that the 2020 economic spiral was different from the 2008 counterpart. There is a beacon of hope and it has presented itself …

New Industrialization Campaign of Memphis Mega Site to Generate Thousands of Jobs West Memphis has made the announcement of a marketing campaign aimed at generating the development of a 1,800-acre industrial site located on Interstate 40. The land is one the largest single tracts in metropolitan Memphis that is yet to be industrialized. As revealed, the marketing strategy is to find a single user, such as an auto assembly plant, or users for the property, which is distinguishably positioned at the Arkansas 147 intersection- just west of the Wes…

2021 Real Estate Predictions From a broad perspective, the coronavirus pandemic has had an unequivocally negative impact on the nation’s economy. Yet, the real estate market remains one of the few exceptions to this trend. Despite such vast turmoil, the 2020 housing market remained a strong seller's market. While the 2021 real estate market may not show the same impressive growth compared to this past year, projections generally remain positive. How the Pandemic Has Impacted Demand It is no surprise that the pandemic is a leading influence over…

If you decide to become a landlord, you need to treat it like a business. You are going to need to keep up with your paperwork and start to prepare for tax season. To do so, you need to know what you can and can't write off with your new business. Some are cut and dry, while others are a little more complicated. For this reason, you should consult a tax professional as soon as (or before) you start your new adventure. Tax Deductions For Landlords Here are some common tax write-offs that you won't want to miss. Interest You can write off your mo…