Buy Property: AmeriCan Multifamily Alliance Group targets multifamily properties based upon 40 plus years of combined experience. Our teams past and present direct combined ownership of over $50 Million dollars’ worth of Real Estate and current ownership of 818 multifamily units and counting in the Texas market. Our team currently owns property in Canada and the United States in a few key markets outside of Texas and are minority owners in other businesses as well. Our history as successful business owners has given us clear insights for what is needed to succeed in the Texas marketplace. Our Approach is extremely critical to achieve the results we desire. We have provided some highlights below to provide a clear insight to our approach. We buy properties with special attention to the following:
- Well located
- Poorly Managed
- Under Valued
- Bank owned
- Less than 50% of replacement costs
Repair/Upgrade/Re-Tenant/Self-Manage: Contractors our in house team of professionals are in place for AmeriCan Multifamily Alliance Group to perform the necessary repairs and upgrades. Simultaneously we replace the current management team with our existing experienced workforce. Our model and strategy of “Self-Management” will quickly begin the process of removal of unqualified tenants and regain trust with desirable residents.
Effective Marketing and Management:AmeriCan Multifamily Alliance Group throughout the years has identified, developed, and utilized our propriety systems for marketing and management. The economic occupancy for the Dallas market is about 90% while our occupancy through self-management has been in the mid to upper 90's.
Stabilization and Permanent Financing: AmeriCan Multifamily Alliance Group begins the refinancing process after the property has obtained an occupancy rate of 90% for 90 days, the financials are in order, and capital improvements have been completed. Our stabilization process is projected at 3 to 6 months and the permanent financing follows. The time of initial investment to the cash out refinance is projected at 18 to 24 months.
Return Investor Capital: Our projections show a return of Investor capital after the cash out refinance. Our investors will receive most of their initial capital on a pro rata basis. Investors must be accredited investors and our operating agreement clearly states the investors’ equity position and the projected returns.
Investors remain Equity Owners: A very uncommon and unique opportunity AmeriCan Multifamily Alliance Group provides our investors is the right to remain in the deal after all or part of the initial investment capital has been returned. Most Multifamily Investment Groups only allow equity while investment capital is involved in the deal. We are unique and do not change the equity participation once the initial investment is made.
Dallas, Texas Celebration upon our successful completion of the Refinance. This is a big milestone that identifies a key element of success. The return of investment capital creates the opportunity to use the returned capital for another use. This will provide a great way for us to share what was involved in the process and give you a better understanding of the project and what lies ahead. Plus, it’s a great way for all of us to celebrate together!!