Rentastic Equity Group
Real Estate - , ,
Rentastic Equity Group Employees
Rentastic Equity Group Senior Management
Rentastic Equity Group Details
We find apartment projects that fit our target market and strict underwriting standards. We then pool our passive investors money to buy and renovate the asset per our value-add business plan. Once rehabbed, rebranded, and under active management, the rents are adjusted accordingly creating higher income streams resulting in higher cash flow distributions for our investors.After a typical 5-7 year hold, we sell the asset at a much higher price due to forced appreciation from our value-add enhancements. Our investors profit and build fantastic wealth.Why Multi-Family Apartments?Apartment rental demand has been soaring as more millenials believe it's cheaper to rent than own. Apartment demand spiked 11% in the second quarter of 2019 from a year ago. This pushed rents up an average of 3% nationally. Despite this increase, 85% of renters say renting is now more affordable than owning. According to a new survey from Freddie Mac, this increase is up from 67% back in 2018.Why Value-Add?It's simple, the value of an apartment building is in its income potential. A mismanaged and poorly maintained property with below market rents offer a great opportunity to increase income, reduce expenses and create high profits for our investors. In other words, we force appreciation by enhancing the asset.
