As of 2019: Client's current investment property portfolio includes small/mid-size apartment complexes and a "Class A/B" mixed-use property. Client primarily utilizes professional property management to manage the day-to-day operations of his properties. The objectives moving forward are continued wealth (capital) growth, increased cash flow and the consolidation of invested capital into fewer/larger high quality assets.
As of 2018: Client now nearing retirement from a career in marketing and as a corporate communications executive. Client has been investing in real estate since his first rental house purchase at the age of 19 and has accumulated a portfolio of 10+ rentals homes over the course of four decades. In 2016, Client "exchanged - 1031" by selling most of his single-family rentals and acquired a 12-unit apartment complex. The primary objective moving forward is continued capital (equity) growth.
As of 2018: Long-time owner of several small/mid-size apartment properties located in the Portland-metro area plus a single-tenant Industrial property located in Bend, Oregon. Client has over the years strategically sourced built-up equity in owned properties and purchased additional income-producing real estate of various property types. Client's main focus and priority is continued wealth (capital) growth through the optimal allocation of invested capital (equity) and the strategic use of leverage.
As of 2016: Clients' current real estate investment portfolio included several smaller residential rentals. Properties have been owned many years and most were paid off (overall LTV of portfolio, under 5%). Clients' were interested in exploring the option of selling their smaller properties and combining funds to acquire one or two larger properties. Objectives were improved cash-flow, accelerating capital (equity) growth and taking a more passive role in the day-to-day management of owned properties.
Professional California investor was looking to reallocate some capital that was invested in the high price Northern California market into the more attractive and affordable Portland, Oregon MSA. Investor objective was continued capital (equity) growth plus improved cash-flow. Client also owns and operates a professional property management company and directly manages his own properties.
As of 2012: Client has been a long time investor in small multiplexes and small/mid-size apartment complexes. Client has both directly managed owned properties and contracted with professional property management companies on others. The primary objectives moving forward are continued wealth growth, increased cash flow, and over time, the gradual repositioning of invested capital into newer/lower maintenance properties.
Client interest was in continued asset class diversification by reallocating additional funds (capital) that was in the stock market and purchasing another income-producing investment property. Client is a passive investor, hence a suitable property would be one that either required minimal active owner management or could effectively be managed by a third party property management firm. Newer/quality retail (single & multi-tenant) and apartments were the likely target property types.