Value-Add:
Our core focus are value-add opportunities. These assets are typically well occupied at takeover but rent below market or have a clear value-add play, such as implementing utility bill-back. By implementing revenue-generators, curing deferred maintenance, adding and improving amenities, and taking steps to improve property appearance, we can usually continue to increase rents and generate substantial cash-flow for investors. A typical value-add play is $5,000-$9,000/unit in rehab budget.
Stabilized:
These assets are typically well maintained and have high occupancy at takeover. These assets typically provide strong cash-flow from day 1, and have an opportunity to increase value through moderate interior upgrades. The rehab budget is typically on $1,000-$3000/unit.
Distressed:
These assets tend to have lots of deferred maintenance and suffer from high vacancy. With a strong rehab budget, these asset can typically be turned around and brought back to stabilization in 12-24 months, afterwards providing significant cash-flow or value for investors. The typical rehab budget is $6,000 to $15,000+ per unit.
Successful Investing comes down to 4 vital criteria: We need the right investor, the right property, in the right area, at the right time.
Acquisition:
How we work:
The primary goal of INTRARE is to preserve the initial investments of its investors while providing larger than normal cash on cash returns. We do this through investing in value add, B & C level multi family apartment buildings that are in emerging markets and position to appreciate in 3-7 years. We buy with the an exit strategy already in place. Historically, multi family apartment buildings have been the strongest and most reliable investment due to their ability to remain strong during economic uncertainty. When real estate markets crash, often multi family investments become more lucrative due to people’s desire to rent.
The trend speaks for itself. Millennials want to rent rather than own. Due to the lack of supply of multi family properties the future holds a rental market shortage which makes these properties more valuable and a more powerful investment vehicle.
Enjoy passive real estate income without the hassle of management.