Creating Performing Notes in Cash Flowing or Just Purchased Rental Properties
What We Do
We buy rental properties for long-term cash flow in Maricopa and Pinal Counties in AZ. As founder and owner, I work in partnerships with capital partners who want their IRA, Pension, or Cash Reserves secured in cash flowing real estate. I specialize in the acquisition, rehab, rental and management rental properties held, focusing on the long term rewards with other options available.
Our private money capital partners fund these properties for an agreed return. The newly formed LLC capital partner receive a 1st position note and a recorded Deed of Trust (DOT) as security for their funds.
These properties are insured with the capital partner as the 1st beneficiary. All work is handled by our Title Company.
Partners receive a monthly check from a rental property with no work in the property involved. No dealing with repairs, leases, management, or tenants. We’ve found that many investors like getting the monthly cash flow with none of the responsibilities of the property.
Having been in the Phoenix valley for 25 yrs. and in AZ. since 1970, I know this area well. I invest in strong growth markets. The Phoenix valley has been, is, and will continue to be a strong growth market for years to come. We have identified the pocket areas of strongest growth in the valley. Additionally, we study and have identified the emerging markets in AZ. and know why they are emerging markets. These emerging markets are considered the best places to buy as the real estate prices are just in initial stages of rising.
We are finding many amazing deals and opportunities on single and multi family rentals in AZ.. The target properties are lower priced properties because they are the best cash flow numbers. Our typical SFR price range is from $40,000 to $100,00 with most purchases under $70,000. The 1% rule is the standard for cash flow properties and I always buy above that. The 1% rule is monthly rent = 1% of purchase price. For instance a $70,000 property renting for at least $700 per month. Our normal purchases are well above that percentage.
Arizona’s housing market has made an incredible recovery from the real estate market crash of 2008-2012. Our market is stable and SFR inventory is low, creating very strong sales. Our rental market has been very strong for yrs. and was affected very little by the crash. Rentals are stronger than ever now. Rents have increased over 10% in the last 2 yrs. Multi-Family construction permits were up over 100% from the end of 2013-2014, while SFR building permits were under 5%. The current Multi-Family construction is all A & B class properties. The lower end housing is not being replaced and yet there are more lower in come renters now than in the past 10 yrs.
How You Participate
I purchase rental properties funded by Capital Partners, either by cash or financing. We have properties identified and ready for purchase by a capital partner. If you’re interested in passive income secured by real estate, contact me about our program.
See our Current Investment Properties
Built 1973 Each Unit 1090 s.f. | 3 bd, 1bth, AC Rented Unit 1 at Purchase | Rehab $4,000 Unit 2 on 11/10/15 Total 2180 s.f. Monthly $ 1025 Bought $ 52,000 Down | Rehab $ 17,000 OC loan $39,000 @ 7% The Numbers Income $1025 |$ 12,300 PITI $ 345| $ 4,140 Expenses $100...
Built 1924 Rehab $12,000 | Rented 9/15/15 Unit 1 829 s.f. 2 bd 1bth | $ 635/mo | $10,000 Rehab Unit 2 560 s.f. 1bd 1bth | $ 400/mo | $2,000 Rehab Monthly $ 1035 2 Homes on 1 Lot The Numbers Bought $ 51,500 | Rehab $ 12,000 Costs $ 63,500 Rent $ 1034 | $ 12420...
Purchased 2010 Built 1968, 1300 s.f. 3bd, 2bth, 2 car gar. Rehabbed in 2010 Monthly $ 1000 Bought $ 65,000 OC Down $ 5,000 | Refi $ 84,400 Rent- $ 1000 | $ 12,000 The Numbers PITI – $ 645 | $ 7,740 Expenses $ 1000 Net $ 3260 | $ 5,000 = 65% C/C Future Owner Finance...
Bought 2010 SOLD 2016 for $118,000 3123 W Windrose, Phoenix Monthly $ 895 Bought $ 35,000 | Rehab $ 16,000 Wrap 30yrs. @ 6% Annual Income $ 895 | $ 10,740 The Numbers PITI $ 430 | $5,160 Expenses $500 Net $ 5080 / $ 51,000 = 10% C/C 5080 x 5 = 25,400 + 65,000 Sale =...
Purchased 3/01/16 Bought 3/01/16 Rehab $15,000 | Rented 4/03/16 1800 s.f. built 1967 4bd, 2 bth, with POOL, AC, New Roof, lot 7108 s.f. Monthly $ 1150 Bought $108,500 Down & Costs $ 32,000 OC 19yrs. @ 3.5% The Numbers Income $1150 |13,800 OC PITI $720 | 8,640...
Bought 12/30/16 In Contract 12/30/16 - Estimated Numbers: Rehab $12000 856 s.f. | Built 1956 2 bd, 1 bth, AC, lot 7001 s.f. Monthly $ 814 Bought $ 39,000 | Rehab $ 12,000 Cash Purchase The Numbers Income $814 | 9,768 Expenses $150 |1800 Net $7968 / $44,000 = 18.1% C/C...
3 bed, 2 bath Purchased $ 92,750 Rehab $3,500 Monthly $ 916 AC, Lot 8624 s.f. Monthly $ 916 Purchased 8/16/16 OC 30 yrs. @ 4.5% Total Costs $ 10,000 The Numbers Income $916 |10,992 OC PITI $540 | 6,480 Expenses $200 | 2400 Net $2,112 | $10,000 = 21% C/C Princ. Paydown...
3 bed, 2 bath Purchased $ 51,000 Rehab & Wrap $28,000 Monthly $ 967 OC 30 yrs. @ 4.5% Purchased 5/10/16 AC, New Roof, New Flooring, Paint, lot 7021 s.f. The Numbers Income $967/11,60067 OC PITI $425/5100 Expenses $100/1200 Net $5,300 / $28,000 = 19% C/C Princ....
3 bed, 2 bath Purchased $ 53,000 Rehab & Fees $ 11,000 Monthly $ 916 AC, lot 8072 s.f. Purchased 10/20/16 Numbers ARV $90,000 Loan $64,000 @5% 30 yr. fixed 20% down - $12,800 Loan costs - $4000 P&I $344 Taxes $ 1000 = 83/mo. Ins. $ 420 = 35/mo PITI...
If you’re interested in passive income, contact me about our program. We have rental properties now available for funding by our Capital Partners. We have properties identified and ready for purchase so if you’re interested in passive income, contact me about our program.