Frequently Asked Questions
Why Are You Called “High Return Real Estate?” Are Your Deals That Much Better?
In A Word…YES.
Other providers routinely charge $10,000-$30,000 more for similar properties…without the stringent rehab criteria that we adhere to. Additionally, there are many one-off sellers trying to match our pricing with properties that would never pass our Quality Control processes.
We prepare properties for a few other Turnkey Promoters (not Providers). Those properties are sold to their investors with another layer of markup… that pricing is significantly higher than what you’ll see on our site.
By purchasing directly from us, you are only paying one markup. That markup is kept small by our economies of scale, relationships, and tight processes. There are no additional layers of marketing fees tacked on, whether from another provider, or an “educational network.”
When you compare our transparency, quality, and ROI, you will find that we provide more value than anyone else in the marketplace.
Do You Have Financing Available?
The price points for our investment properties are incredibly attractive, but because of lower price points, they are not good candidates for traditional up-front bank financing.
We do have an excellent Strategic Relationship with a Private Lender that understands the nature of our market. As a result, we are able to provide lending products that are specific to these price points.
Many investors purchase our properties with self-directed retirement accounts such as IRA’s and 401K’s. This is an excellent tax-saving strategy. You can learn more about that strategy HERE.
For convenience, many investors will pay cash up front, then structure lending on their purchases after a seasoning period. We can recommend lenders who offer excellent cash-out refinance options.
What Types Of Properties Do You Have Available?
We offer investors fully rehabbed and rent-ready single family homes and duplexes in working class neighborhoods.
Our properties make sense the day you buy them, and for as long as you decide to keep them. There is nothing that needs to happen in order for the property to be a good investment, building wealth for the long term.
Do You Offer A Warranty?
Our properties go through the most rigorous Quality Control processes in the industry. They are fully inspected by an independent, licensed, 3rd-party Inspector. Then, they go through a final habitability test by our Property Management team. As such, you are very well protected from large Cap-Ex items that may come up. Even so, we’ve found that once a tenant is placed, some minor issues may still arise. These issues ALWAYS come up in the first 30 days of tenancy. To offset these issues, we include a “Tenant-Proof” Warranty on all of our properties at no additional charge.
Do You Have A Referral Program?
YES! As a result of positive experiences, many of our clients refer other investors to us.
Do You Offer Volume Discounts?
YES! If you are buying 3 or more properties, all closing at the same time, please let us know, and we’ll reward you with special pricing considerations.
How Does The Buying Process Work?
Owning rental properties is not without risk. We’ve worked hard to develop systems and processes to minimize (not eliminate) that risk. We are a privately held company, and insist on doing business with investors who appreciate us for our systems and transparency.
We do not do business with investors that we haven’t spoken to…period. We seek to establish long-term relationships, based on mutual respect and understanding. Having direct conversations allows us to determine if we’re a good fit for you, and if you’re a good fit for us.
Nearly all investors who purchase from us, start off by subscribing to our “Insiders Club” email list. Being on that list notifies you of deals as they arise, and gives you further insights into how things work in our markets, and further education in the “buy and hold” arena.
If there’s a property that is of particular interest to you, simply reach out to us. We’ll send you the full investor packet with everything you need to know about the property, including inspection reports, scope of repairs, financial worksheets, etc. You’ll have everything you need to make an intelligent buying decision.
What Criteria Do You Use For Investment Opportunities?
Our properties must be in growing US markets, where there is a diversified economy.
Our properties must produce a very healthy, positive cash-flow.
Our properties must be identical to what we invest in ourselves.
Our properties must be evaluated based on long term ROI, not on appreciation (speculation) potential.
Do You Offer Professional Property Management?
Yes, we have partnered with a fully licensed professional Property Management company that has extensive experience in this asset class. They maintain offices (and licenses) in many major markets in the US, and have local teams in all of the markets that we service.
Working together, we have developed a system with extremely low vacancy rates, and a very aggressive time-to-rent schedule.
Our Property Management partners are fully geared towards servicing private investors, with systems in place that are disruptive to the status quo. As an example, we have been able to completely eliminate ALL markup on repairs and tenant turns…something completely unheard of in the industry!
We have complete oversight over the property management process, and work closely with our partners on rehab processes and leasing strategies to develop the best overall performance for your properties.
You’ll have access to an online portal that is the best in the industry… giving you complete transparency and full access to all activities related to your investment properties.
Our strategic alliance is the most effective way to manage and protect your properties. You have a team of experts working on your behalf, doing what they do best.
Our partnership creates a seamless transition for you…from purchase to performance.
Although we recommend using our partners, you are not obligated to use our property managers. You are free to change companies at any time. There are no lengthy contracts.
Our management partnership allows your investment to be as hands-off and profitable as possible.
Are There Any Fees Involved?
Because our properties are sold off-market, there are no realtors commissions, or additional markups.
You pay normal closing costs, and will see all line items on your closing statement before funding. Closing costs will run approximately $1900 per property. We have a fantastic relationship with a reputable 3rd party title company that guarantees you clear title, and properly records the deed for your property.
How Do You Define A TurnKey Investment Property?
The property has been specifically acquired and rehabbed systematically, to achieve optimal rents and performance.
The property is in a solid, stable neighborhood.
The property has been inspected by a licensed 3rd party inspector.
The property has been renovated to exacting standards, and any pertinent remaining items on the independent inspection report have been cured.
There is an additional layer of Quality Control to make sure that the property meets proper habitability standards.
The property is cash-flow positive, even with most leveraged situations.
The property is under professional property management.
The property’s rental income is deposited to the owner’s account automatically.
The property’s performance, including all rental and repair activity, can easily be accessed and tracked through an online portal.