“ This website stands as a humble diary, capturing the early chapters of our real estate and investment journey. It is a testament to shared ambition, dreams of financial stability, and a collective fighting spirit to overcome challenges in the dynamic world of real estate and amplify ROI beyond conventional limits.
Our belief that we could surpass the average annual return of 7-8% in the stock market by mastering the diverse tools of real estate has proven true. Real estate, a versatile vehicle, allows us to receive passive cash flow consistently, achieve substantial one-time payouts swiftly, or secure a significant payday in the future. The myriad options make it a bespoke investment choice for each investor, earning its title as the world's number 1 millionaire maker.
This website serves as a chronicle of our journey to mastering various real estate fields—a deeply personal odyssey toward financial stability and freedom. Like life itself, the journey is more beautiful than the destination, and we relish the ongoing adventure.
Built on trust and shared ambition, this website fills me with joy as I lead our group toward their destination. Whether you're here for a milestone or the entire journey, your companionship is truly appreciated.
May the journey never end.
Warm regards,
Michael Thach “
2024
Single Story Las Vegas Single family home, 3b2bath, swimming pool.
Purchase 325k
Rehabt 44k
Target sell price 440k
Target ROI for Investor 7%
Timeframe 3-4months
Geary Place , luxury 1 bedroom apartment
Picture this: a cozy 1-bedroom, 1-bath oasis spanning 761 square feet, just a stone's throw away from the bustling strip. It's the perfect canvas for a quick flip, and we're revving up to turbocharge our flipping game by assembling a crack team of contractors. With their prowess and our ambition, we're gearing up to juggle not one, but two properties simultaneously, cranking up the velocity of our investment.
Purchase Price 169k
Target Sales Price 230k
Renovation Cost about 25.5k
Targeted ROI for Investors: +7%
Timeframe: 1 month renovation, 2 weeks on the market and 1 month to close. Total 2.5 months
Almendio - First project for 2024
It's time for another rollercoaster ride of renovations, returns, and maybe a few paint spills. Our crew of savvy investors is ready to turn properties into profitable masterpieces once again.
Purchase price
$350000
Projected Sales Price
$450000
Targeted ROI
7%
Construction Cost
TBD
Projected Completion
1.5 month construction
2 weeks on market, closing 1 month.
Total ~ 3months
2023
Squeezing another Success into 2023: A Quick Flip for a stronger Cash Position ! 🏡💸
Amidst a bustling 2023, we managed to fit in a swift flip project for investors aiming to bolster their cash position for upcoming long-term deals. Reflecting on the journey from our humble beginnings in 2019, the incredible progress was beyond imagination. With collaborative help, trust, and shared ambition, we tackled challenges head-on and embraced new ones. Excitement builds for what 2024 holds in store. Here's to growth, resilience, and an evolving real estate adventure!
Purchase price
$ 262000
Project duration
3-4months
Targeted ROI for Investors
7% realized 6.84%
Targeted Selling price
+370000, closed at 364k
Replicating Triumph: Another Investor Seeks Our Expertise! 🌐🏡
Following the success of the Kari Lee project, a fellow investor is entrusting us to acquire, construct, and manage her own 4plex transformation into 4 Medium-Term Rentals (MTRs). The journey continues as we bring our proven expertise to turn her vision into reality.
Property Price
680000
Projected monthly gross cashflow
About $13000
Construction Cost and furniture cost
$35000 each unit
Projected Completion
Ongoing 1 out of 4 got transformed
Breaking Ground: Our Inaugural Flipping Adventure Begins!
As someone who enjoys design, construction, and renovation, I sought to broaden my skillset and introduce a new product for fellow investors. Initiating a pilot project on a flip, I collaborated with family and friends who shared the determination for this venture. With confidence in the right team and skillset, the anticipated results align with expectations. This product is strategically designed for quick cash while maintaining flexibility in the real estate environment.
Purchase price
212000
Project duration
2.5 months
ROI for investors
6.64%
Sold for
$273000
Adresse
230 Shadybrook Unit A
Eugene - Restaurateur goes Real Estate
A dear friend and prominent restaurateur in our city, captivated by our business model, ventured into real estate. With just 10% down and a strategic $38,000 investment in furniture and construction, their initial foray resulted in a robust cash-flowing property within a mere 2.5 months.
From acquisition to construction, furnishing, and seamless management, we handled every facet of the process. Time has passed, and the results have not only met but surpassed their conservative expectations. The success story has left them eager to replicate this transformative process once again.
Here's to the fusion of culinary expertise and real estate prowess – turning properties into lucrative successes in the world of investments!
Investor 10% Downpayment
$46000
Furnishing Cost
$35000
Positive Monthly Cashflow
$3500
Construction Cost and Materials
$38,000
Projected Duration
2.5 months
Yearly ROI
35.29%
Sand Creek- Helped investor turning their dream into reality
As word of our success echoed through the community, friends, family, and fellow real estate enthusiasts wanted in on the action. Open about our financial journey, they sought our advice and guidance. Today, we're thrilled to be assisting a young family with full-time jobs in achieving their dream of becoming landlords of well-cash-flowing properties.
From acquisition to construction, furnishing, and now seamless property management, we've been their trusted partners every step of the way. Surprisingly, the location has exceeded financial expectations, thanks to its in-demand locale.
It's more than just real estate; it's about transforming dreams into tangible success stories. Here's to collaborative triumphs and helping others pave their path in the world of property investment!
Construction and furniture Cost for 2 units
$80000
Projected Completion
Ongoing, 2 out of 2 got converted into MTRs. Still has long-term tenants.
Kari Lee Street 15 MTRs
Inspired by the financial results and potential of our Kari Lee Street project, a neighboring real estate investor decided to jump on board. Impressed by the blueprint's efficacy, our team has been enlisted to oversee the application of this business model on their 15 units.
From design to construction and now management, our watchful eye is at every stage. The outcome? We're on the brink of nearly doubling rental income, not only escalating property values but also enhancing the entire neighborhood.
It's a testament to the power of transformative real estate, where success begets success, and entire communities reap the benefits. Here's to collaborative triumphs and the positive impact echoing beyond property lines!
Workscope
Designed, applied business model and manage current MTRs. Converted from long-term rental apartments.
Monthly NET Cashflow each unit
$1900-2100
Construction Cost and Material
$35000 each unit
Projected Completion
Ongoing 6 out of 15 units
Link to Airbnb
Kari Lee 5plex turned into MTR
Our triumphant pilot project in 2022, crafting cash-flow properties in the furnished Medium-Term Rental (MTR) space, signaled a path that could not only redefine our lives but also create a ripple effect for others. In pursuit of this transformative vision, we're seeking loyal partners and bold investors who share our fervor for real estate, beckoning them to join us on this exciting journey.
This project holds a special place in my heart, as the strategy and real estate product pave the way for a fellowship of bold minds to stand united. The approach is straightforward: safeguard investor money, nurture trust, and generate profits. Replicating the 2022 success on a slightly grander scale, we've acquired a commercial real estate property with a 5-unit apartment for long-term rental. Our plan is to transform it into 5 units of MTR, doubling the net operating income and selling it for at least double the initial investment within 3 years. Examining the financials, we're confidently on track to achieve this ambitious goal.
Here's to a bold fellowship, visionary partnerships, and the promising journey ahead as we redefine success in the realm of real estate!
Downpayment
About $230000
Purchase Price
710000
Projected Sales Price
$1.4m - 1.6m
Link to Airbnb
Construction Cost
$250000
NOI before Construction
About $43000
NOI after Construction
About $85000
Cragin Park - SFH turned into 5 units for MTR
As the winds of change swept through our real estate endeavors, we realized the long-term appreciation game was solid, but the cash flow was a tad shy. Cue my sister and me, the dynamic duo with an audacious plan – testing the waters with furnished medium-term rentals and a dash of ambitious house hacking.
Our canvas? A single-family house with the perfect floorplan, a ripe candidate for transformation into 5 units for medium-term rentals. The construction phase, a 6-month rollercoaster of pain and perseverance, aimed for nothing less than uniqueness and perfection.
And then, the magic happened. The first guests moved in, and the sweet symphony of rental income began. Forget the construction woes; pure joy took center stage. Not many single-family houses boast nearly 9 grand in gross cash flow, making this transformation a masterpiece of turning pain into grand cash flow joy!
2022
Buy-in cost
$92000
Monthly Gross Rent income
$8500-$9000
Construction and furnishing Cost
$95000
Projected Completion
6 months
2018-2021
Acquired 6 SFH for long-term appreciation
Houston, Texas.
Our real estate saga began with low cash-flowing gems in high appreciation territories. Armed with a 160k investment fund, limited knowledge, and a surplus of heart, we pondered the ultimate question: How to maximize our potential?
The answer emerged as a strategy tailored for long-term success – minimal effort, minor investments, modest cash flow, but a grand vision for substantial appreciation. Fast forward 5 years, and the numbers speak louder than words – a remarkable 2.88x return on our initial investment.
Now, swimming in equity, our strategy pivots. The game plan? Opt for a cash-out refinance or consider selling to amplify our control over more property value. It's a testament to strategic evolution and the rewards of a heart-driven investment journey.
Here's to growth, equity, and the ongoing adventure of turning property dreams into tangible success!
Investment budget
$160000
Original portfolio value
$812.000
Current portfolio value (Jan2024)
$1.274.000
Amount of properties
6
Projected Completion
December 2024
Growth multiplier
1.274.000 - 812.000 = 462.000
462.000 / 160000 = 2.88
