Our Multifamily Investment and Management Philosophy
Before you entrust us with your hard-earned money, it’s crucial to know how we plan to use it. Why? Because our investment strategy dictates everything—what properties we select, how we manage them, and how we’ll act when faced with challenges. Here’s a look at our guiding principles so you can feel confident about partnering with us.
Yes, we like California!
While some investors shy away from California due to state regulations or rent control laws, we consider it an excellent place for investment. Why?
In-depth Knowledge: We’re experts in California’s real estate rules and regulations, and we know how to make good returns despite them.
Rent Increases: Contrary to popular belief, California’s rent control laws are not that restrictive. You can raise the rent by 5% plus the rate of inflation, usually totaling around 7 to 8% per year.
Housing Assistance: California offers substantial housing assistance, meaning that even if tenants face financial difficulties, we have ways to recover unpaid rent.
Limited Cost Increase: Property taxes is one of the biggest expense in California. Thanks to Proposition 13, property taxes can’t increase by more than 2% yearly.
Local Presence: We all live in California, making it easier for us to keep a close eye on our properties.
Your Questions Are Welcome
Transparency is key for us. Feel free to ask questions or challenge our financial assumptions. We offer annual calls to discuss the property’s financial status and even include a clause in our agreements that allows you to review our books on reasonable notice.
Quality Living for Our Tenants
We see our tenants as our ultimate customers, and we are committed to offering them a safe and happy living experience. From quick fixes of any issues to proactive maintenance of essential items like roofing and electrical panels, we aim for excellence.
With years of experience, we’ve developed streamlined processes for everything—whether it’s property visits or decision-making. This procedural approach ensures consistent quality and better results for our investments. Many of our team members come from a technology management background, so we understand the importance of robust processes.
Collaborative Decision-Making for Major Changes
We deeply respect our investors’ commitment and trust. If we ever contemplate a significant shift from our outlined strategy—like selling a property earlier than projected—we won’t act impulsively. Instead, we’ll consult our investors and ask for a collective vote. Naturally, investors with larger stakes will have a proportionately greater say. However, it’s important to note that for minor adjustments, which are sometimes necessary in the dynamic real estate landscape, we exercise our discretion to make the best call.
Keeping Our Partners Informed
Transparency and frequent communication lie at the heart of our partnership with our investors. We provide regular updates and are always available for any pressing concerns or discussions. If any significant events arise, you can expect a prompt call or text from our end. We firmly believe it’s always better to over-communicate than to leave our partners in the dark.
In Conclusion: A Partnership Built on Trust and Transparency
Our philosophy is more than just a set of principles—it’s a commitment to our investors, our tenants, and ourselves. From our steadfast belief in California’s potential to our unwavering dedication to open communication, we stand by our values in every decision we make. Investing in real estate is not just about properties; it’s about relationships, trust, and mutual growth. By understanding our guiding principles, you get a glimpse into the heart of our operations, ensuring you’re not just investing in a property but partnering with a team that holds your trust at its core. As we move forward, we invite you to join us on this journey, confident in the knowledge that you’re in good hands.