Passive Real Estate Investing
Investing in single family homes within the Phoenix, Arizona metro.
We're a small, nimble, and successful team that has purchased, rented and sold millions ($) in single family rental properties.
We partner with a small and select group of investors seeking to invest passively in Arizona real estate.
Our values are as follows:
We pay our investors first. Our investors are paid 8% before we pay ourselves.
We invest alongside our investors to ensure we have skin in the game.
We communicate frequently and transparently. Expect a monthly email update -- no exceptions.
We only purchase homes that we would live in ourselves -- no slumlording.
We treat our tenants with respect by responding to issues quickly and respectfully. We expect the same from our tenants.
We focus on value-add single family foreclosures. Our criteria is as follows:
Purchase all-cash at a discount > 20% to market
Make mostly cosmetic updates (paint, flooring, counters, etc.)
Stabilize property by placing a tenant on 12-month lease
Add 15-year mortgage to property at < 75% LTV
Minimum cash flow > 10% Cash On Cash Return
Hold 5-7 years
Sell property to deliver investors IRR > 15%
Growing, desirable city
Large applicant rental pool
Reasonable property taxes
Reasonable property insurance
Minimal repairs and maintenance
Unlikely to experience a natural disaster
Affordable licensing fees
The sum of these result in lower vacancy, lower expenses, less management demand and less bureaucracy -- and these result in a higher quality investment.
Interested in investing with us? Start by submitting this form and we'll be in touch to schedule an in-person (or Zoom) meeting.
We appreciate your message, and look forward to speaking with you soon.
We'll call and email you!