Slide We Buy Apartment Buildings. Click below to talk with us today. E.W. Ventures LLC Email Us: Vince@EastWestVentures.co

WE BUY APARTMENT BUILDINGS 

HOW CAN WE HELP?

Are you looking to sell your apartment building? We want to buy your multifamily property!

  • Cash out your investment

  • Looking to sell and 1031x into other ventures

  • Tenants and toilets are your worst nightmares

  • Ready to take more of a passive role

  • Inherited multifamily properties and don’t know how to manage

  • Your loan is coming due

  • Don’t what to spend money on CapEx

  • Time to enjoy your retirement?

  • Cannot handle the workload physically

  • Management company took your money

As long as your situation makes you say “I want to sell my apartment,” we want to buy that multifamily building from you. We are not brokers! We want to buy apartment buildings!

Learn More

Ready to Sell Your Apartment Building?

Below Is Our Asset and Market Criteria

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Location Criteria

The continental United States. We look at market data to find strong markets throughout the U.S. that support economic growth and job expansion. We but multifamily properties in A and B areas in Primary, Secondary and Tertiary Markets with strong median incomes and good schools.

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Target Asset

  • Unit Count: 40+ units, portfolio considered

  • Age: Complexes built after 1980, older buildings will be considered case by case

  • Strong value-add opportunities

  • School Score: 5+ (Find out at www.GreatSchools.org)

  • Plumbing type: Copper

  • Roof Type: Pitched

  • Utility Metering: Individually metered

  • Minimum 70% physical occupancy 

If you are ready to sell your apartment building contact us now. 

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Email Us

Vince@EastWestVentures.co

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Or Call Us

(303) 323-9992

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Sourcing Properties

We work with many brokers, lenders, and professionals to source on-market, off-market properties. We also pursue direct marketing activities to reach out to owners directly.

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Underwriting

We typically look at a few hundred deals a year. Out of those, we underwrite and make offers on a few that meet our goals. We qualify deals based on demographic trends, financial performance, potential rent increase, etc.

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Asset Management

After we purchased a property, we start the stabilizing process by implementing our business plan. Usually, this step includes a new management team, new process and system, marketing pieces, etc. Concurrently, we refurbished the buildings to bring new life to it and allow us to boost rent.

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Disposition and Exit

Throughout our ownership of these properties, we continuously monitor the market and find the right time to sell or refinance after we have stabilized the properties. The goal is to provide the utmost return to our investors.

FAQ’s

Where Do You Buy?

We buy in the Contiguous United States. Check back frequently for specific markets

 

Do You Charge A Fee?
Our company is not a real estate brokerage firm. We are not here to list your property for sale. There is NO fee when you submit your property to us to look at. We want to buy your apartment building, not list it
What's the smallest multifamily size your company will buy?

We typically buy properties with at least 50 units. However, this is not a hard number. 

What's your process when buying?

First, we will analyze your property’s financial data. We will need to get income and expense statements (we prefer trailing 12) to review it. We offer base on the income that your building produces 

Do I have to repair my apartment building before your company buy it?

No! You do not have to fix up anything if you do not want to. We will buy your apartment building as is, where is. You can give us the keys, and we’ll take over your headache.

What documents do I have to provide to you for an offer?
We want to understand where your property stands financially and physically. The best set of document that you can give us is your trailing twelve months financial statement (T12) and some pictures of your apartment building.
Why should I invest in multifamily properties?
Multifamily apartment buildings are one of the most recession-proof investment vehicle in the Real Estate market. In an article published by the Pew Research Center, more U.S. households are renting than at any point in the last 50 years. A strong renter market equal to lesser risk for us and our investors.
What are the risks?
Just like any other investment options, risks are inevitable! Though we do our best to manage the assets, things out of our control such as: residents move out, residents destroy the units, employers move out of our market, political issues, cheating management, market crash like 2008, etc.
What Kind of Return can I get when investing with E W Ventures, LLC?
Each property has its unique position therefore we cannot provide a hard figure. Typically our investors are realizing on average 6%+ preferred return. We take care of our investors by paying you first before the sponsors get paid anything.
Specific return for individual properties are explained in the Private Placement Memoranda
Any Guarantee That I Will Get My Money Back?
No! You could lose all of your money just like any other type of investment. We mitigate risk by conservative underwriting guidelines. However, there are still risk elements that we cannot control.
If anyone is willing to guarantee you a safe return, you should run!
How Long Will You Hold My Money For?

Consider where we are at in the market cycle, we like to hold our investments for 5 to 12 years. By doing this, it will allow us to ride out the storm should the market crash again.

How Will I Get My Money Back?

You will be able to get your money back when the property is sold or when we refinanced at a higher value.

Can I Invest Using My IRA or 401K?
Yes but only with self-direct IRA! Investing in real estate with SELF-DIRECTED IRA is a perfect plan. There are great benefits for you as your investment grows tax-free or tax-deferred.
To find out more, please set up a call with an independent custodian such as New Direction IRA Inc., PENSCO Trust Company OR Equity Trust
Please consult your accountant, financial advisor, legal counsel, etc. to determine exactly how these types of investments may affect your tax situation. You might find some great information.
How Do You Structure Each Deal?
We create a limited liability company (LLC) in the state where the property in located. This LLC will own the apartment complex.
You are going to be a shareholder in this LLC, so you are getting direct cash flow, as well as depreciation. Why should you care? Depreciation will save you a lot of money from your tax obligation (check with your CPA.)
Debt Partner vs. Equity Partner?
Debt Partner will receive a pre-determined target return such as a fix interest rate.
Equity Partner will shares the upside and downside of our project as well as receives cash flow and equity appreciation
What Is An Accredited Investor?
The SEC defined accredited investors as a natural person who earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence.)
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/updated-investor-bulletin-accredited-investors
How Do I Qualify As An Accredited Investor?

There are several ways for you to get this verification done such as attorney letter, CPA letter, broker-dealer letter, You can also go to this a third party vendor who specialize in this service such as https://www.verifyinvestor.com/

Do I Have To manage These Properties?
Our company works with highly recommended property management teams with vast experience in leasing, maintenance, on-site, off-site, and regional management.
We will handle all other day-to-day operation activity. You will not have to do a thing!
How Do I Get Update On My Investment?

We send out emails roughly once per quarter, or set up a conference call once a quarter.

What Is The Minimum Investment?

The minimum is $50,000, but we can make exceptions on a case by case basis

How Are You Going To Use The Money?

Majority of the money is used for down payment of the property, pay for the general partners’ (E W Ventures, LLC) acquisition cost, and pay for closing cost. The remaining money is for capital expenditures (ie: pay for deferred maintenance, improving the properties, etc.), fund maintenance reserve account.

Do I Have To Pay Any Fees?
You do not pay any direct fees! We underwrite and close transactions with an acquisition fee between 2-4% of the purchase price. This acquisition fee allows us to recapture all of our upfront costs to finalize the transaction (earnest money deposit, security attorney cost, real estate council, due diligence etc.) and compensates us for our time.
Once we own the buildings, we will have a minority stake in the equity typically between 30-45%.
Tax Issues?

Everyone’s tax situation is different. You must check with your tax advisor for your specific tax advice

I Am READY To Learn More, Now What?

If you are interested in learning more, please schedule a time to speak with Vince Khuu at 303-323-9992 or email him at Vince@EastWestVentures.co

Ready To Generate 6-figures in Real Estate?

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