Carrie and Heather work with clients seeking and selling investments in residential income properties, multi-family commercial properties, and residential properties.
We assist our clients with traditional sales, “short-sales”, and with acquisitions of foreclosed inventory through REO Brokers and directly from banks.
Investors themselves, Carrie and Heather are unique in that they have the background required to assess and manage sales and acquisitions of commercial property, while at the same time, providing investor clientele with the same level of customized service and marketing provided their residential clients. Carrie has a strong background in financial analysis. Prior her work in residential and commercial real estate, Carrie work as a management consultant evaluating new business opportunities and conducted feasibility analysis for Marriott Corporation’s New Resort Development Group.
ACQUIRING AN INVESTMENT PROPERTY
On the acquisition side, whether you are seeking your first investment property, or a seasoned real estate investor, Carrie and Heather can assist you with:
SETTING YOUR INVESTMENT GOALS
Some of the questions we will help you consider include: Are you investing by yourself or as part of a group? Are you planning to “turn/flip” a property or hold the property for a longer-term? Are you planning to manage the property yourself or hire a management company? Are you seeking immediate cash-flow or a property with upside potential?
PARTNERING WITH AN EXPERIENCED AND APPROPRIATE LENDER
Lenders tend to specialize their services by property type. We provide our clients with referrals to seasoned professionals in the single-family home, residential income and multi-family markets and can help you better understand the metrics that each lender will evaluate when considering your loan.
REVIEWING AND EVALUATING MARKET INVENTORY
Because of our experience in the residential income and multi-family markets, we are knowledgeable about our local market indicators including CAP rates, GRMs, IRRs, $/sqft values, per unit values, rents and expenses. We keep ourselves abreast of shifts in the marketplace and assist our clients in creating rental market evaluations for specific property types.
IDENTIFYING AND ASSESSING SPECIFIC PROPERTY
An investment in real estate must make financial sense. Once we have identified a property of interest, we help you evaluate income and expense information using numerous market metrics (as outlined above).
WRITING A COMPETITIVE OFFER THAT PROTECTS YOUR INTEREST
Each property and offer situation is different. Carrie and Heather will help you write an offer that is strategic in nature, maximizing your chance of attaining the asset at the best possible value.
GUIDING YOU THROUGH THE CONTINGENCY REMOVAL PROCESS TO CLOSE
Once you are in contract on a property, Carrie and Heather will guide you through the inspection, loan and appraisal contingency processes as well as lead you through the escrow process.
OTHER FORMS OF REAL ESTATE INVESTMENT
Carrie and Heather have worked with several local real estate syndication projects and are glad to share our business experiences.