Working Class Rentals
Real Estate - Richardson, Texas, United States
Working Class Rentals Employees
Working Class Rentals Details
Working Class Rental (WCR) was founded on the concept of providing accredited investors with an opportunity to diversify their portfolios with unique and fundamentally sound investments in affordable residential rental real estate.WCR prides itself in purchasing, repairing and providing affordable, well maintained housing to its clients and favorable returns to its investors.In general, a residential rental property will spend 50% of the rental income on various expenses such as maintenance, management, vacancy, etc. In order to have a profitable un-leveraged investment, the gross yield on investment property must be able to overcome this hurdle. To do so, we only purchase properties that have a gross yield of 30%. So, after spending 50% of the income, the net yield is 15% and there is sufficient income to pay the investor and profit ourselves.
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