First Quarter
2021 Report

Problem

A shortage in supply
of workforce housing

solution

Increase supply by purchasing and renovating distressed homes to meet demand

Progress Report

22
PROPERTIES purchased
8
PROPERTIES UNDER
CONTRACT
$7.2M
capital raised

Since November 2020

New Technology

We are building a proprietary database fed by MLS that analyzes and identifies deals.

It will calculate a max offer price based on our specified buy-box parameters.

It will auto-populate and send contracts which will allow us to send out hundreds of offers per week.

Video Summary

How We Build

In exchange for the general partner paying 50% of the marketing costs in our target markets, we have struck a deal with a wholesale real estate partner to give us the first right of refusal on all deals they put under contract.

All off market deals

Eliminates bidding wars and keeps prices down

Will allow us to move into new markets quickly

We negotiated new, lower financing that reduced our short term debt rate by almost half - from 7.5% to 4%.

Property Highlights

Before and after of our latest projects
6870 FLAMING RIDGE
CONVERSE, TX 78109
before
after
before
after
before
after
before
after

Goals for the 2nd Quarter

Goal 1

Continue ramping up acquisitions

Goal 2

Continue raising capital

Portfolio Summary & Financials

Investment Team

LEON GREEN
President, CPA
JOHN HOLLAND
Head of Acquisitions
BURTON HANSON
Senior Vice President
DARRYL CLARK
Director of Construction Management