CANCELLATION & REFUND
What kind of properties do you invest in?
We currently solely invest in multi-family apartment buildings, one of the most recession proof segments of the Real Estate Market, particularly with the United States population continuing to grow. Even with the continued advancements in online marketing (particularly Amazon) and “work from home” which threatens the retail and office markets, people will always need to live somewhere. Within this segment, we focus on B+ to C+ class multi-family properties and prefer B class in A markets and C+ class in B markets. We believe this positions us in the segment of the market that is shielded most from the ups and downs in the economic cycles.
What is an accredited investor?
To qualify as an accredited investor, a person must demonstrate an annual income of $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income. An individual must have earned income above the thresholds either alone or with a spouse over the last three years. Or A person is also considered an accredited investor if he has a net worth exceeding $1 million, either individually or jointly with his spouse excluding personal home.
Can I invest even if I am not accredited?
Of course, you do not have to be an accredited investor to invest in our deals. Additionally, there are ways for you to become a part of an apartment deal with no money in the deal. Contact us to find out how!
How does EagleCap find its Apartment Deals?
We have relationships with many commercial brokers throughout the United States, who bring deals to our team often before they go on the open market. We may also engage in direct marketing campaigns and are constantly building relationships with banks to get access to their REO inventory. Once presented with an opportunity our team underwrites every single property to the highest standards and eliminates those that do not qualify to our rigorous standards.
What will my return on Investment be?
All our investments are based on individual properties, and every property is different, offering different returns. However, target returns for each property consist of 7% to 12% average annual return from cash flow during the 5 to 7-year hold period, paid out quarterly to each investor, and another lump sum at sale or refinance equaling 8%-10% average annual return to each investor as well. By consistently applying our proven Legacy Wealth Systematic process to each apartment investment, our objective is to, at a minimum, double investor money in 5 years or less.
How much are these property leveraged?
This is an exciting point. Over a 5-year period it is our goal to have our properties not be more than 50-60% leveraged. While we start out with a 75%-80% leverage based on purchase price, we decrease that ratio rapidly by actively paying down the loan and by forcing appreciation of the property through value add improvements, superior management, and rent increases, leading to a 5-year loan to value ratio of no more than 60%. This conservative approach provides additional buffer from the ups and downs of the real estate market.
How are EagleCap Apartment Deals Structured?
Great news. You will be a limited liability owner of the property and are, therefore, entitled to all the LLC protections and benefits of ownership, like depreciation and cash flow. The property is owned by a “Property LLC” as the only asset in the LLC, which controls liability risk. You in turn will be a direct shareholder in this “Property LLC”, so you are part owner of the company that owns the property. This allows for a direct flow-through of cash flow and depreciation benefits, and allows you, upon sale of the asset, to realize long term capital gains… PLUS, you literally get to tell your friends you “own” an apartment complex, because you do.
Can I invest with my retirement plan?
Yes, investing in Multi-family in a structure like ours is perfect for retirement plan investing because your involvement is by definition passive. All you need to do, if you haven’t already, is set up a SELF-DIRECTED IRA, or a SOLO 401K, with an independent custodian, like www.SpecializedIRAServices.com or www.VantageIRAs.com and once complete you can invest using your IRA/401K… or several other self-directed retirement account forms. If you have questions about how to do that, please contact us through the Contact US form or email us at (firstname.lastname@example.org)