I’m realizing it’s all DSCR (Debt Service Coverage Ratio). No such thing as residential 2-4 units valued by market comps vs by cap rate for commercial 5+ units. For example, with a 10-unit BRRRR partially occupied 4 units and 6 needing renovations: Each unit rents for $600/m+ x 10 units x 12 months, x .6… Continue reading It’s all DSCR. Cap-rate in Multi-family
Category: real estate
Absentee-Owned Business Acquistions for Cash-flow
In December 2021, I resigned from my full-time job at the City and cashed out my pension, to buy real estate (rentals). I wasn’t going to become a millionaire working in City government. I attempted a franchise business with roofing, but there were stringent requirements for the Arizona Registrar of Contractors for a qualifying party.… Continue reading Absentee-Owned Business Acquistions for Cash-flow
Invest with your IRA
You can now invest with ConeStreetCapital.com using your IRA, with Strata Trust, their fees are $350/yr they charge as custodian of your Self-directed IRA account. They provide IRA custodianship for alternative assets (private placements, etc). Our firm can now work with IRA investors in our private offerings. The tax-free earnings go back into your IRA… Continue reading Invest with your IRA
How to access liquidity with Smallplex (REIT) swap for ETH
Smallplex (REIT) holders have access to liquidity by sending REIT Tokens to their MetaMask address and using Uniswap for ETH. Users can then send the ETH to their CoinBase address for cash. Below is a video walkthrough of the process to access liquidity: Contract address to add Custom token, Smallplex (REIT) to MetaMask: 0x6a65dc18463246ceb42604310a8976645a063e8f In… Continue reading How to access liquidity with Smallplex (REIT) swap for ETH
How to purchase Smallplex (REIT) Tokens
In this two-part video series, we walkthrough how to sign up on the Smallplex platform and purchase REIT Tokens using Ethereum. Sign Up here: https://smallplex.com/Referral/SMPX26491311RD Part 1: Smallplex (REIT) real-estate token platform sign-up Part 2: Smallplex (REIT) token purchase using ETH – part 2, after sending to wallet
Smallplex (REIT) Token Launched
We have finally launched our Security Token Offering/crypto website. Smallplex lets you own fractional shares in a portfolio of cash-flow generating residential properties. We raise capital in equity to expand our real estate portfolio. We tokenize the portfolio and not individual properties, which will be expanded with new funds from token issuance. We issue an… Continue reading Smallplex (REIT) Token Launched
STO: Asset-backed-Token
We have a real estate syndicate that we’re looking to expand with our existing portfolio and add new locations by issuing tokens to raise capital and expand the portfolio, including commercial deals. I’ve been looking to issue fractional shares in our portfolio of residential real estate for a while. Now with crypto, we have Security-token-offering… Continue reading STO: Asset-backed-Token
Equity appreciation vs Cash-flow
When I started out in real estate investments, over the course of the first few years, I bought and sold two properties in Phoenix, AZ. I wasn’t satisfied with the pace. And I needed better cash-flow. My initial strategy or approach was “Equity Appreciation”. In the first property I bought, it was at the near-bottom… Continue reading Equity appreciation vs Cash-flow
Assisted Living Facilities (CRE)
One of the challenges we encounter in our local markets for example in the Phoenix AZ area is that an investor cannot find high cap-rate residential properties similar to the Midwest (IN, IL, OH, etc.) That has been one concern of our investors who seek to buy locally. From searches on LoopNet it turns out… Continue reading Assisted Living Facilities (CRE)
Why invest with our syndicate
We exceeded the initial offering of $100k from contributions with 3 members of our residential real estate syndicate. And we amended the SEC Form D — Rule 506(b) private placement that allows up to 35 non-accredited investors, to $500k: https://sec.report/Document/0001750694-20-000002/ Once we reach $500k in cash-flow assets (single- and multi-family rentals), we would go about… Continue reading Why invest with our syndicate