Our Investment Approach

  • Cash flow based valuation - we focus on the cash flow a property can generate, rather than relying on price appreciation to drive investment returns.
  • Target multiple properties per geographic area - this allows us to operate more efficiently
  • Identify value add properties - we look for opportunities to acquire properties that we can generate solid returns for our investors through some value add component that allows us to increase the net income of the property.  This could include capital investments in the property in order to get rents up to the market rate, re-positioning the property through branding and marketing, or bringing in proven management practices to drive down costs. 
  • Focus on multi-family - within residential real estate, we believe multi-family (apartments and mobile home parks) is a better investment than single family.
 

Company Overview

We are a veteran and family owned real estate company located in Houston, Texas that focuses on multi-family residential properties.

We are currently actively seeking opportunities to add to our portfolio.  While we are based in Texas, we will consider investment opportunities nationwide.

It is our strong belief that multi-family real estate, is one of the best opportunities available to investors.  By utilizing proven acquisition and operations management techniques we can identify opportunities to deliver fantastic returns for ourselves as well as our investment partners.

 
 

Multi-Family Advantages

Valuation

Multi-family properties are valued based on the income they produce.  You can force higher valuation of your property by increasing income and cutting costs.  Single family homes rely on comparable sales approach to estimate their value.  When you go to get an appraisal, the value will be based on what a nearby property sold for, and not the income generated.  You have more ability to influence the value of the property within the multi-family space. 

Economies of Scale

Multi-family properties have multiple units all in one location, the same number of doors for a single family can be spread all over town.  It’s easier to achieve economies of scale when everything is under one roof or at one property

Time

There’s not much difference in time associated with buying either property type.  Given time constraints, it’s better to buy more units per transaction

Vacancy

In single family homes, if you lose your renter you have no income coming in.

In multifamily, you can lose a few tenants and still generate sufficient cash flow

Demographic trends

Home ownership rates are declining. 

Youth demographic prefers flexible lifestyle associated with renting

Immigrants have higher tendency to rent