What we do
We purchase medium to large apartment communities in stable markets that are underperforming. We use simple but powerful, best practices to reposition the property and increase its value. We utilize professional services, professional systems and data to increase revenue and decrease expenses.
Why multifamily apartments?
Monthly cashflow
Apartments provide stable monthly cash flow. With multiple homes under one roof, economies of scale take effect. Expenses decrease, you hedge against vacancies…
Amazing tax benefits
The tax laws favor real estate investors looking to lower their taxable income. Learn the magic of cost segregation, depreciation and bonus depreciation…
Control
Unlike single family residences, commercial real estate is valued based on the specific asset’s net operating income. We can force appreciation…
Demand
Renting is an enduring need. More so today than perhaps ever before. The number of renters recently surpassed homeowners in 22 major cities and that number is rising…
Our investment strategy
We purchase underperforming, B and C class, apartment communities in growing, stable markets. We seek out Mom and Pop style management, deferred maintenance, and value-add opportunity. We take a very conservative underwriting approach when analyzing deals to ensure that we buy right. We seek long-term, agency financing to position the asset for success in any market cycle.
We bring in a professional management team to stabilize the property. We utilize a proven framework and industry-leading, best practices to fill vacancies and increase rents to market demand. We will implement RUBS, change the fee structure, add storage units, dog parks, or other tested strategies to drive up profit and reduce costs.
Our goal is to create generational wealth for you and your families. As such we will choose the most appropriate exit strategy that is in line with this goal. This may include selling the property within 3-10 years, holding the property for longer, and/or utilizing the refi and roll strategy with a cash out refinance.
