We’re halfway through 2019 (can you believe it?) So it’s time for a check in on the status of the housing market and best strategies today. Our Co-CEO Kathy Fettke will be joining us at our July events with her mid-year market report.
Three full-service income property teams from Birmingham, Jacksonville, and Houston will also be joining us to share what’s going on in their markets and to showcase their new and fully renovated rental properties. Find out which neighborhoods have the strongest job and population growth and rental demand. You’ll also get details on their construction quality and property management services.
Plus, you’ll get an exciting update on our Costa Rica resort.
Schedule (for both San Mateo and Los Angeles):
12:00 – 12:15 Introduction
12:15 – 1:00 Kathy Fettke’s Mid-Year Report
1:00 – 1:45 Jacksonville
1:45 – 2:15 Break
2:15 – 3:00 Birmingham
3:00 – 3:45 Houston & Albuquerque *
3:45 – 4:00 Break
4:00 – 4:45 Rise Costa Rica
* Due to scheduling conflicts, the property team from Dallas will no longer be attending this event. We are excited to have the Houston & Albuquerque property team join us and present on their market.
Here are some highlights of these markets:
The most-populous city in the state of Alabama, Birmingham has undergone a major revitalization over the last few decades. The city is now a hub for publishing, medical research, banking, construction, and service-based companies. It’s also considered one of the nation’s most livable cities because of its vibrant downtown, burgeoning loft community, and world-class culinary scene.
Investors are also drawn to its stable real estate market, which in the past has been largely immune to the dramatic swings that are commonly found in larger cities. And with the average home price at $110,000 and rents coming in around $1,100 a month, coupled with below-average property taxes, Birmingham is a leader in real estate cash-flowing markets.
Houston has long been a hot market for real estate investors because of its growing population, affordable housing, and massive economy.
For example, there are 26 Fortune 500 companies headquartered in Houston, including: Conoco Phillips, Marathon Oil, Sysco, Apache, Halliburton, and many more. Houston is also home to 49 Fortune 1000 companies, which is the second largest concentration of any other city in the country, behind only New York.
In all, the Houston metro area offers great opportunities for investors who are looking for a stable, landlord friendly market that offers both cash flow and equity growth at a price that is STILL well below their replacement value.
Albuquerque, New Mexico
As the setting for AMC’s hit show “Breaking Bad,” Albuquerque, New Mexico, is rapidly becoming a magnet for the film industry, as evidenced by Netflix’s plans to move their production hub to the area!
Albuquerque is also known for its affordable real estate and steadily growing population and job market.
Another huge perk for Albuquerque is that one of our tried-and-true affiliates already has boots on the ground there! The Houston property team is operating in both places and they’ll be joining us to talk about both markets and what they have to offer our members!
The Sunshine State has long been known for its rapidly growing population and solid economy, fueled in large part by the ever-increasing job numbers — and Jacksonville is no exception to these claims.
The low cost of living combined with year-round sunshine, open space, and low taxes makes all of Florida highly attractive to retirees and young families alike. Investors looking for both cash flow and appreciation love what they find in Jacksonville.
There are some very new and exciting developments at our Eco-Resort & Residential Community in Costa Rica – including plans for a new airport nearby, new roads to the beach for a much faster commute, and about 4 big investors vying for the opportunity to build out the homes and hotel.
If you were interested in participating in this project as a debt investor (Projected 16% IRR) or equity investor (Projected 25% IRR), join us at our July event.
Please note: This investment is for accredited investors only – per S.E.C. requirements. However, non-accredited investors will be able to purchase the homes – starting at $200k. It’s a great option for international diversification in a sustainable development.
If you are in the midst of a 1031 Exchange, looking for portfolio diversification or want to get started in real estate but don’t want to pay the high California prices for rentals that don’t cash flow, join us July 13th in San Mateo or July 14th in Los Angelos to learn more.Register For San Mateo Register For Los Angeles
Sunday, July 14th
Crowne Plaza LAX
12:00 PM - 5:00 PM
Saturday, July 13th
San Mateo Marriott
12:00 PM - 5:00 PM