There have been years put into the system we have created. We would never invite investors to invest in our system or in a location that we haven’t invested in first. By spending hours upon hours, starting with every major metropolitan statistical area (MSA), we have honed down our farm areas to select locations. We have found the most success in secondary and tertiary markets of the country with multifamily properties.
Once our markets were determined, we networked with local investors and agents to make sure the market was stable enough for investing. Not every market was ready, so this allowed our focus to shift towards our select key locations. Our next process included vetting agents, property management, and contractors. Given our extensive backgrounds, we knew the questions to ask and exactly what to look for in choosing which third party partners to consider for our management company. We now know we have the best in the business. Issues can arise in any situation, however, problems are met with protocols and every person knows their role within the system. With our system in place, we’ve minimized waste and mitigated risk.