In our opinion the most profound difference between single family homes and multifamily properties is the way the properties are valued. In single family homes investments rely on the fluctuations of the market and the nearby home prices, so losses and gains are both dependent on how the market moves. Multifamily property valuations are mostly tied to the property’s net operating income. We are able to drive the valuation of the property up by making capital improvements or streamlining operational efficiencies.
Traditional lending institutions are the largest investor in all of our projects. This means we have the valuation verified by a professional appraiser and have our business plan and due diligence reviewed by seasoned risk analyst and investment committees. This independent evaluation serves as another avenue to confirm the quality of our investment opportunities.
We use the "Myers Method of Multifamily Investing" as the operating system for our apartment sponsorship business line. This simple yet rigorous process is broken down into four major steps:
- Find it
- Fund it
- Fix it
- Flip it
Each step of the process looks for opportunities to reduce risk to investors, increase the likelihood of returns and improve the community and the quality of life for our residents. We believe that we can generate a profit while improving the conditions of the property and look forward to working with others who have similar interests.