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img height="1" width="1" src="https://www.facebook.com/tr?id=113643043990058ev=PageView noscript=1"Our Clients WOW Group Refer an Investor Our Company Why REI Our Story Core Values Contact Us Newsroom Careers Markets Explore All Our Markets Memphis Little Rock Oklahoma City Tulsa Dallas Houston St. Louis Birmingham Huntsville Tuscaloosa Services Turnkey Services Premier Property Management Group Sell A Property Lease A Property Learn All Resources Video Series White Papers Reports Podcasts FAQ Blog Video Series: Turnkey Investing 101 Refer an Investor Properties Refer an Investor Our Clients WOW Group Refer an Investor Our Company Why REI Our Story Core Values Contact Us Newsroom Careers Explore Our Markets Primary Markets: Memphis Little Rock Dallas Oklahoma City Secondary Markets: Houston San Antonio Birmingham Tuscaloosa Huntsville Tulsa St. Louis Services Turnkey Services Premier Property Management Buy A Property Sell A Property Lease A Property Learn All Resources Video Series White Papers Reports Podcasts FAQ Blog Video Series: Turnkey Investing 101 Refer an Investor Turnkey Real Estate Investing 4 min read 8 Tactics for Improving Resident Retention in Your SFRs By Chris Clothier on Thu, May 9, 2024 Resident retention is the investor’s best avenue to reliable cash flow. Vacancies cost money – costs for lost rental income, preparing for the next resident, and marketing the property, to name a few! As a real estate investor, one of your top priorities – regardless of your strategy – is to keep good residents for the long haul. But how do we do that? What do retention rates mean? How are they calculated? Keep reading to find out more! How Retention Rates Work We can talk about metrics all day, but they’re useless if we don’t understand how to calculate and interpret the data! Generally speaking, your rental property retention rate is calculated by dividing the number of residents (or renter households) that moved out during a twelve-month period by the total number of residents/households you had over that same period. Then, multiply that result by 100. Topics: single-family rentals property management passive income rental property management company long-term investing real estate investor tips residential real estate resident retention Continue Reading 3 min read Stop Waiting for Mortgage Rates to Drop. Now is the Time to Invest. By Chris Clothier on Tue, May 7, 2024 Mortgage rates are the highest they’ve been since the Great Recession. Current 30-year fixed rates hover in the 6 to 7% range. Historically speaking, that’s nowhere near the highest they’ve been (that title belongs to the average in October of 1981 at a sickening 18.82%. Yikes!), but current rates are coming off all-time lows in 2020 and 2021. With home prices higher than ever, it is no surprise that homebuyers are waiting patiently for mortgage rates to come down and ease sticker shock. After all, the higher the asking price, the more the percentage matters. But is it wise to wait for rates to drop? We think not. As real estate investors, you risk more in the wait than in taking the chance in the market as it is. Here’s why: Topics: investment strategies getting started mortgage interest rates turnkey real estate real estate strategies passive investing turnkey investing building a portfolio new investors 2024 real estate market Continue Reading 3 min read Worried About the Real Estate Market? Here’s the Secret to Investing By Chris Clothier on Thu, May 2, 2024 If you want to lose your mind, try to keep up with all the predictions being made about the real estate market. Doing so is exhausting. Even if some interpretations and predictions have merit, they’re just that – predictions. In many ways, the headlines are designed to scare us. Navigating news on the real estate market is frustrating: full of mixed messages and emotionally charged rhetoric. And for every opinion you see, you’ll find one to counter it. So, how do we move forward without fear as real estate investors? After all, we don’t have time to be paralyzed by every doom-and-gloom headline. You’re in luck - here are the secrets to fearless real estate investing. Topics: real estate investing investment strategy real estate investing blogs 2024 real estate market Continue Reading 4 min read 5 Ways to Manage the Unique Risks of Out-of-State Investing By Chris Clothier on Tue, Apr 30, 2024 Investing out-of-state is one of the best things a passive real estate investor can do for their portfolio. After all, investing beyond your local market comes with some distinct advantages, such as: Topics: real estate investors getting started passive investing building a portfolio 2024 real estate market equity Continue Reading 4 min read What Causes a Housing Bubble Anyway? By Chris Clothier on Thu, Apr 25, 2024 In the real estate world, there’s almost always someone talking about a housing bubble. But what exactly is it? What causes it? And what happens after the bubble bursts? Topics: long-term investing money management financial planning housing bubble Continue Reading 3 min read 6 Hidden Risks That Come with Passive Real Estate Investment By Chris Clothier on Tue, Apr 23, 2024 When investing in real estate, some risks are obvious. Others? Less so. Effective risk management involves recognizing and mitigating all risks, from the common to the rare. Are the chances slim? Sure. But you’ll be kicking yourself if you don’t do your due diligence in handling these sneaky buy-and-hold real estate investing risks! Topics: getting started real estate risk passive investing risk management calculating risk building a portfolio new investors Investment Risk Continue Reading 3 min read Your Picture of Financial Freedom Shapes Investment Strategy By Chris Clothier on Thu, Apr 18, 2024 Investors – ourselves included – often refer to financial freedom.” While the concept itself sounds reasonably straightforward, it can mean many things to different people. These ideas lead to diverging goals and priorities. Ultimately, those points of divergence demand unique investment strategies. What you do hinges on where you want to be . Topics: buying rental property due diligence financial planning new investors Financial Freedom Continue Reading 3 min read 5 Tell-Tale Signs of an Overpriced Real Estate Market By Chris Clothier on Tue, Apr 16, 2024 Is your real estate market overpriced? Navigating today’s housing market isn’t easy. Though inventory is going up and mortgage rates are going down, property prices are still sky-high. For the real estate investor, it’s pretty easy to assess your local market. Things get tougher as you go further afield. Topics: real estate investors passive investing building a portfolio 2024 real estate market Investing Continue Reading 4 min read What the Housing Inventory High Means for Investors By Chris Clothier on Thu, Apr 11, 2024 U.S. housing inventory is trending in the right direction . We saw a 12.9% year-over-year increase in new property listings in February. Although total inventory remains flat, we’re finally not seeing a decline in overall inventory for the first time in nine months. As you’re likely aware, tight inventory is mainly responsible for the stubbornness of the housing market. Even when active demand seemingly froze market activity, prices haven’t budged. Inventory kept rising interest rates from easing home prices. It’s also made the supply and demand balance unsustainable. Ideally, this increase in new home listings points to a turning point on the horizon. But there are a few problems – and reasons investors shouldn’t sit back and wait out” low inventory. Topics: Cash Flow Properties real estate investor turnkey real estate turnkey properties passive investing turnkey investors building a portfolio new investors 2024 real estate market real estate inventory Continue Reading 3 min read What Makes Low-Cost Properties a Bad Bargain? By Chris Clothier on Tue, Apr 9, 2024 We get it – houses are...