Contacting Property Manager...
REO Leasing Solutions
2727 Spring Creek Drive
Spring, TX 77373
Types of Properties We Manage:
- Single Home/condo (up to $300K)
- Single Home/condo ($300 to $500K)
- Single Home/condo ($500K to $1M)
In real estate it has always been about location, location, location. In this market it is about location, cash flow, and value. Investors are looking at distressed portfolios from three perspectives; market entry, exit strategy and the return for retaining the asset. R2L addresses this last and most costly of the risk strategies. R2L can provide analysis of a property or portfolio for retention. We can manage and sell the property based on your investment requirements. The S&D (scratch and dent), Alt-A, EPD's and depressed pockets of communities have created a greater need to not only stabilize the asset but the community as well.
- Vacant or unsecured property
- Local ordinances for vacant property
- Loss of cash flow
A vacant property serves no purpose.
- Cash flow
- Secure property
- Potential for tenant purchase
- Market appreciation
- Return on investment
The potential for ownership in a lease-to-own option usually finds the renter making repairs and creating pride in the property, all of which enhance property values.
Investment Strategies (Short and Long Term)
Investors may have different strategies based on either the purchase deal structure or the length of investment opportunity. By using R2L you can vary the term of the lease from month to month to beyond 5 years. A short term lease would be 1 year and a notice to the renter that this property will be placed on the market at the end of the lease. Long term would be greater than 2 years with inflation calculation as well as the usual repairs required on the property. The cash flow from the rent may be increased at periodic intervals or applied to a custodial account for later use toward a down payment, subject to certain guidelines and restrictions. Lease-to-own options often have some form of assistance as incentive to help the renter to acquire the property. There are specific rules in some purchase scenarios regarding the application of incentives.
Consider the portfolios currently under management for retention rather than liquidation.
Financial Advisors and Brokers
Traders, deal makers, and interim investment firms can use R2L to review a portfolio for its rent potential and cash flow for a set period of time. This allows you to price a portfolio based on the investment strategy of your buyer. Should you have your own modeling and analysis tools, R2L will provide you with our cost to set up, service and maintain the property. This allows you to place and calculate an average cost to carry in a retention environment.
REO Asset Managers
As an investor or manager of your company's REO portfolio, you are pressed to sell in a depressed market. You have on-going carrying costs, overflow workloads with virtually no end in sight. Consider leasing the property. As the owner and/or manager of the asset, one may ask, "If I rent/lease the property, it is no longer a loan, how do I manage it?" R2L will uplift that task through a tightly controlled network of real estate brokers and vendors utilizing our back office skills to create a managed asset with your oversight in an online environment.
For properties purchased in an auction, foreclosure sale, or direct sale, cash flow is critical to the individual investor. R2L can tailor a solution for the smaller investor with less than 25 properties under management. The individual investor can consider a property management solution that allows you to manage what you want and R2L will handle the rest.