Investment Strategy
Real estate is one of the fastest routes (or paths) to financial freedom. The stock market is known to fluctuate but the real estate market stays relatively consistent year after year, making it a reliable investment.
Invest With Centrious
-
Motivated sellers
-
Family owned multi-units and mixed units
-
Off-market and Value-Add assets
Who we work with:
-
Accredited and non-accredited investors
-
Real Estate Brokers and Developers
-
Start-up and venture projects
-
Equity Partners for business acquisitions
We look for Family owned multi-units and mixed units because these properties tend to be under-managed. Over time many of these owners fall behind and begin viewing their investment as a burden. By buying under-managed family owned multi-units and mixed units we are able to purchase at wholesale or below market value
Our Criteria When Selecting A Deal:
Salt Lake City
Utah
Dallas
Texas
Jersey City
New Jersey
Charlotte
North Carolina
Nashville
Tennessee
Project size
Asset Quality
Age
Cap Rates
Broker Relationships
5 - 150 units. Portfolios are also appreciated
Class B/C properties
Typically 1980's and newer
6% and above
Creating professional and honest partnerships with brokers and agents and are compensated for providing investments opportunities
FIND
This process is focused on the analysis of distressed, off-market, Multi-Unit and Mixed Use properties in prospective growth markets that need a value add transition.
ACQUIRE
Once we find a property that meets our requirements, we try to offer 60-70% After-Repair Value (ARV) as we are financing the deals, rehabbing properties, and ensuring proper management of the assets are in place.
ADD VALUE
We want to add value to the C class assets we acquire and to make them into A or B properties by either raising the rents or selling the property at a much higher value for profits.
EXIT
We make sure our investors have constant communication with our team throughout the process and eventually get those attractive returns once we decide what to do with that property. Monthly Zoom meetings with investors will be conducted to keep them updated on progress. Once we secure equity in these deals, we keep repeating the process and scale by deferring any taxes. This is called a 1031 exchange and plays a huge role in our investment strategy.
Our Real Estate fundamentals are based on the three target characteristics:
Opportunity Zones
-
These are areas that provide tax incentives when investors develop properties and gentrify these locations. Most neighborhoods that are in opportunity zones are low-income urban and rural communities. We use this information to identify value add deals based on upcoming development.
-
For more information on Opportunity zones: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
Redevelopment Zones
-
Redevelopment Zones and Transit Village allocations have been in planning for the past few years, and have been recently approved. These are areas that will see major improvement to infrastructure, thus creating better sub-markets.
Commute and Job Market Outlook
-
Proximity to transportation to a major city is proven to have a positive impact on property values. For example, Jersey City features buses, ferries, light rail, and path transportation methods to New York City, Long Island City, and Brooklyn.
Click on this link to get verified to be an accredited investor
Jersey City
Public Transportation Map
For more news and articles on Jersey City :
Charlotte
Public Transportation Map
For more news and articles on Charlotte :
Questions?