Prosperity Capital Partners

Crime rates can deeply impact the value of a property - in any given area. You can buy and renovate a property to absolute perfection… But if it’s in a high crime area? It doesn’t matter. People will do their research and you’ll have a hard time filling vacancies. Here’s what you should be paying attention to…

The latest CPI and jobs report is out... And many financial analysts are projecting rate cuts later this year. Is it too good to be true? In today's video, I discuss these recent reports, how the markets are reacting, and what it all means for us as real estate investors. Click below to watch and subscribe to my channel for future updates: https://lnkd.in/e5RHWJfH

In order to succeed: You need to have the right people in the right seats. Keep this in mind when hiring a property management firm. It has a direct impact on the performance of your investment. Find out: -What procedures do they have in place to ensure the success of their team members? -What type of on-site support do they provide? -What requirements do they hold for the on-site people to uphold? What is the standard they set for themselves and others? This is extremely important to know.

Buying an apartment complex all by yourself may not be all it’s cracked up to be… It requires deep knowledge, financial and operational, you just may not have at this point. And that’s totally fine. There’s another way to invest in apartment complexes that leverages that type of knowledge in OTHER people. You can get the same benefits, without all the hassle. To learn more about the various ways you can invest in apartments, click here: https://lnkd.in/e7b7sZHx

So what does it look like to successfully sell a multifamily property? Over the next few weeks, I'll be giving a behind-the-scenes look into our 10 most recent property sales to show you our process for identifying, acquiring, operating, and closing deals. In today’s video, I highlight Flats 1204 and share how we achieved a $1.5 million profit at sale through our strategic acquisition, detailed renovations, and effective management, despite challenges in the market. Click below to watch and subscribe to my channel for future updates. https://lnkd.in/ed75DV5R

Let’s talk about economic stability. When looking to invest in ANY area, economic stability is a critical factor. Are unemployment rates high? Is the population declining? If so, things aren’t so stable there after all. Evaluate the area and ask yourself: What are the red flags?

Wishing you and your loved ones a happy 4th of July from the team at Prosperity Capital Partners!

The Triple Net Lease… A strategy where the tenant pays for insurance, maintenance and property taxes… Sounds pretty good, right? Well, there are pros and cons on both sides of the fence. What are they? Click here to watch the full video: https://lnkd.in/eUYCn5ct

If you’re going to scale in multifamily… You’ve got to have a great team. This is NOT a solo mission, my friend. At Prosperity Capital Partners, we have high quality team members who we treat like family, and value them as such. Showing our appreciation is a top priority. We’ve formed awesome relationships with our attorney, CPA team, property management team, brokers and more.. Watch this quick video to learn why building a great team and strong relationships are so crucial for maintaining a successful, healthy, happy company.

When multifamily investors are looking to increase their overall bottom line, they often focus on finding ways to increase revenue by upgrading the property and upping rent. However, one should never overlook the opportunity to also cut down on costs and create more operational efficiency to increase their net operating income.