Lesson 1: Why U.S. REal Estate
The Benefits Of Multi Family Real Esate
Investing in Multi-Unit Real Estate has capital advantages for buyers interested in obtaining wealth through a real estate portfolio. With multiple monthly rental profits (versus a single unit rental), the ability to achieve larger profit margins increases substantially. Multi-unit buildings offer endless money making opportunities for investors in today's market.
If you have ever rented an apartment then you realize the tremendous potential benefit when it comes to owning a multi-family property. While the renters are paying down the mortgage debt, you collect the gains from the appreciation and in return pay off the property debt. The profitability of a multi-family property is solely dependent on its ability to generate income and meet debt services. These would include any obligations associated with the maintenance of these properties.
Auxo Homes looks for opportunities in which the former property owners neglected these distressed properties, and decreased rental amounts in order to keep units filled. If these rental properties are in a good area of town,or in an area that is improving; then the remodelling of a run-down apartment complex
can be a profitable venture. We make sure that we consider all the cost for
remodelling. We understand what impact it will have on our overall income
stream.
Rental property has never been at a higher demand. According to the most recent census more than a third of the country is residing in rented housing, this is 36 million households. The census states that about 83% of renters are people under 25; 55% of renters are those over 25; and unlike in the past,
people aged 65+ are now following this trend, and choosing rentals as their means of quality living.
If you have ever rented an apartment then you realize the tremendous potential benefit when it comes to owning a multi-family property. While the renters are paying down the mortgage debt, you collect the gains from the appreciation and in return pay off the property debt. The profitability of a multi-family property is solely dependent on its ability to generate income and meet debt services. These would include any obligations associated with the maintenance of these properties.
Auxo Homes looks for opportunities in which the former property owners neglected these distressed properties, and decreased rental amounts in order to keep units filled. If these rental properties are in a good area of town,or in an area that is improving; then the remodelling of a run-down apartment complex
can be a profitable venture. We make sure that we consider all the cost for
remodelling. We understand what impact it will have on our overall income
stream.
Rental property has never been at a higher demand. According to the most recent census more than a third of the country is residing in rented housing, this is 36 million households. The census states that about 83% of renters are people under 25; 55% of renters are those over 25; and unlike in the past,
people aged 65+ are now following this trend, and choosing rentals as their means of quality living.
OUR MISSION at Auxo Homes is to empower investors to grow a secure financial future by offering the finest real estate investment opportunities within select CAN|USA Markets. These real estate deals are in line with the; Highest Returns, Teriffic Product Quality, Superior Managment and Ethical Standards.
Auxo Homes is a Canadian real estate investment company specializing in cross border real estate transactions. We create wealth in pre-selected markets through investment in turn-key, high cash flowing properties. Our mission is to establish a relationship with our investors, buyers and tenants to provide safe, secure investments backed by real estate with exceptional returns. We make sure to break down barriers to entry in real estate for all our partners and clients, making it accessible to anyone. Auxo Homes excels in finding the most highly qualified, income-producing real estate investments, which continuously outperform the various stock market indices. We have a team dedicated to facilitating the home buying process in America for Canadians.
What makes Auxo Homes Different?
We do all the work for you & follow a proven process:
Complete Neighborhood Assessments
Entering a new city with the purpose of investing in real estate can be intimidating, especially if you do not have the right information to make an informed investment decision. Auxo purchases properties in specific areas showing strong cash flow opportunity and high expectations for appreciation. We do all of the homework for you.
Property Acquisition
Auxo purchases various types of properties such as bank foreclosures (REOs), short sales, private sales etc. We buy distressed properties in bulk, thereby acquiring them at prices well below market value.
Clean The Title
Because the majority of our properties are distressed, there can be additional expenses attached to the title. These expenses may include multiple mortgages, property taxes or condo fees that have been left unpaid. Our team ensures that these issues are cleaned off of the title so you can buy with confidence, knowing that the property is yours free and clear.
Renovate
The condition of the properties Auxo purchases varies greatly. Renovations are often needed. Our contractors examine the property before the purchase is complete, and a team is in place to begin any work necessary as soon as the keys are given to us. Once the work is completed, the property is in mint condition and move-in ready.
Find Quality Tenants for Rental Income
As soon as our offers are accepted, the search for a suitable tenant begins. Our property managers begin combing their rental client lists, and aggressively advertising the home in order to attract the highest number of quality tenants to fill our units. Our newly renovated homes attract many and they are filled quickly, often the day renovations are completed.