Memphis Invest started in 2003 with Kent Sr. and his wife Sherry driving through neighborhoods in Memphis looking for houses they could buy and hold as rental properties. After having great success, Kent Sr. was approached by multiple investors in Memphis about helping them build their portfolios passively. At the time, no one knew those requests would become the top passive turnkey real estate investment companies in the country!
Today, Memphis Invest is still owned and managed by the Clothier family and they have built an outstanding management team to guide the company. That guidance has led Memphis Invest to assist over 2,000 clients have confidence as they build their passive portfolios.
Properties Under Management
Average Resident Length of Stay
Average Vacancy Rate
Minimum Lease Term
Annual Maintenance Cost
Percentage of Residents Who Renew Their First Lease
Average Days to Rent
Years in the Turnkey Business
Employees with 5+ Years Experience at Memphis Invest
Years Running in Inc. 5000 Fastest Growing Companies
We make it easy for investors to purchase the right property, at the right price, with the right team, from anywhere in the world by managing risk, protecting capital and providing exceptional customer service and property management.
Our core values provide a roadmap to follow when making decisions, and they keep our team members focused on what's most important. The core values at Memphis Invest permeate the entire company, including Premier Property Management. They establish a customer-focused business strategy that's geared towards continual improvement and always doing what's best for a client.
Real estate investors expect companies to be accurate with their numbers and projections and to conduct themselves like experts in their markets. They also expect companies to be accessible, transparent and honest in their communication. We set out to hit each and every expectation of our valued clients.
Unfortunately, the bar has been set so low by others in the industry that real estate investors have come to expect poor service and poor communication. Memphis Invest has been on a mission since 2010 to educate real estate investors on how good an investment experience can be and how high they should set their expectations of property management companies.
Our commitment to excellent customer service has led us to achieve over 60% of our yearly sales since 2012 to existing clients. Existing investors looking to build their portfolios have purchased more than 2,000 additional properties in Memphis, Dallas and Houston!
Today, 71% of Memphis Invest clients purchase additional properties for their portfolios in the first year. 31% of Memphis Invest clients own three or more properties. Our goal is to help each of our real estate investors to build a secure, reliable, consistent and transparent investment property portfolio.
The words "real estate investing" and "customer service excellence" are rarely used in the same sentence. In 2010, Memphis Invest set out to change that and to build an award-winning customer service team with a plan to WOW our clients!
Starting with the day a client signs a contract for purchase, we commit to giving them over-the-top and unexpected service. Weekly customer service calls and constant updates during and after the process have become our trademark. Our commitment is to reach out to reach out to each client every month!
Memphis Invest was recognized by author Joe Calloway in his most recent book, Be The Best At What Matters Most. In the book, Joe recognizes great companies that find ways to succeed in tough markets without taking shortcuts. What has been our secret the last few years? Simple. We do what we say we're going to do: provide excellent customer service!
The Clothier family built Memphis Invest and Premier Property Management Group on the notion that investors need to surround themselves with quality proven individuals and companies. Active real estate investors themselves, the Clothier family knew the types of services and experience levels that investors wanted to see in order to feel comfortable and secure investing in real estate far from home.
The Clothier family remains active in the day-to-day operations and can be found on a daily basis in either the Memphis, Dallas or Houston office.
Kent Clothier, Sr. brings more than three decades of real estate and entrepreneurial experience to the business. He set the foundation for what would later become Memphis Invest in 2003 after years of successfully purchasing and managing residential real estate on a personal level. Before his career in real estate, Kent started out in the supermarket industry in the Dallas area, managing a billion-dollar operation by the young age of 32. Kent brought his expertise in the industry with him to Memphis and began American Wholesale Grocers in 1987. By 1995, he built the enterprise into a $50-million venture, which he sold in the late 1990s before pursuing his passion for real estate and establishing Memphis Invest.
Brett Clothier serves as a partner at Memphis Invest where he oversees financial reporting and activities as well as day-to-day operations. With his father, Kent, as a mentor, he began investing in residential real estate while pursuing his real estate degree from the University of Mississippi. Upon graduation, he joined the family-owned company and helped recruit several of the key players who today hold leadership positions throughout the company. Brett improved the tracking and metrics used by Memphis Invest to monitor the acquisition strategy and to lower costs for the company and clients. Brett is instrumental in the day-to-day operations and the financial decision-making within the company.
Chris Clothier manages the development and implementation of sales and marketing processes for Memphis Invest. Chris serves as the external voice for the company, working with the team to help potential investors define their purpose for investing in real estate and educating peer companies on best practices in the emerging turnkey real estate industry. Chris is an experienced real estate speaker and addresses small and large audiences of real estate investors and business professionals nationwide several times each year. Chris is also a contributing columnist for BiggerPockets, the nation's leading real estate educational forum. He also oversees the weekly publication of the Memphis Invest Weekly Article Roundup.
Kent is the Founder and CEO of REI Marketing, LLC, a multi-faceted real estate education and marketing company based in Boca Raton, FL. The team at REI Marketing, LLC is responsible for the development and operation of several of the industry's most popular brands and tools, including the vanity number 1-800-Sell-Now, Find Motivated Sellers Now, and Find Private Money Lenders Now. These same tools have greatly contributed to the success of Memphis Invest, GP. Kent has been instrumental in the development of the systems and processes that Memphis Invest and Premier Property Management have used to grow into the #1 real estate investment and property management firm in the nation.
Get to know more about who you work with here at Memphis Invest, as well as read about our investors' experiences with Memphis Invest's sixth Culture Book! This book is almost like a yearbook, capturing moments around our office, at events, with our clients and vendors, doing what we do here every day - building real estate portfolios for real investors.