Issue #2

by | Jul 27, 2022 | Newsletters | 0 comments

Happy Anniversary to Us!

Phyllis and Kevin celebrated 37 years of marriage in Key Biscayne, FL on June 30th. Willie and Angie celebrated 23 years of marriage in Ensenada, Mexico, on July 24th. We love helping our community reach their wealth-building goals but this time of the year is so special because we get to celebrate the women who enable us to put in the long days sometimes needed to deliver excellent investments to our community. Thank you Phyllis and Angie!

What’s More Important Than The Growth of Your Capital?

Let me ask you a question. What first interested you in real estate syndications? Most likely, it was the potential to put your hard-earned money to work for you to create a good return and thus grow your wealth over time. You might have been like us – Willie and Kevin – corporate professionals who invested in 401K’s for many years but did not like the rollercoaster market with slower less predictable growth we desired.

And in fact, that’s the number one question that most of our investors ask us when they first consider investing in a real estate syndication with us. They want to know…(Read More).

We Closed at Ranch at Sienna in a Very Challenging Environment!

In the backdrop of rapidly rising interest rates and a declining stock market which is impacting many investors, two weeks ago we were able to close on the purchase of Ranch at Sienna, a 312-unit class A property in one of the fastest growing, affluent suburbs in Houston! We took numerous steps to mitigate risks in this market from reducing the debt we would normally use to raising extra marketing reserves for use in maintaining occupancy if/when a recession occurs, and more. It was a challenging close but well worth it. Already, we are seeing great appreciation, as the appraisal came in $10 million over the purchase price, instant equity and great news for all who invested with us!

If you regret having missed out on this opportunity and have not signed up for our GrowAbility Equity Club, sign up now so that you will get early access to our next investment opportunity.

Bad News for New Home Owners Means Good News for Multifamily

From 2009 to 2020, housing affordability was excellent as low interest rates and moderated home prices after the 2008/2009 real estate crash kept home mortgage debt reasonable at around 30% of household income. Now – with rapidly rising housing prices due to a major housing shortage and skyrocketing interest rates in 2022 – housing affordability has plummeted.

But the underlying housing demand is still there, meaning more and more people are needing to rent. Builders will take years to construct both single family and multifamily homes to meet this demand. In the meantime, there will be strong demand for multifamily which will keep occupancy and rent rates strong for years to come, especially for properties we target, those in growth markets with limited new supply and strong neighborhood demographics. If you have further questions about multifamily as a diversification asset for your portfolio, let’s chat.

Why You Should Care About Another Recent Acquisition

GrowAbility Equity occasionally buys properties by Joint Venture, co-owning a property with a few other active investors for a longer-term hold (5 to 10 years). Case in point is Bella Vita, a beautiful 55+ property in Waxahachie, TX, a suburb of Dallas. A few points that will be informative: (Read More)

Want To Invest With Us?

Success is on the other side of your comfort zone, and we’re here to help you get there. Whether you’ve invested in real estate before or are completely new to it, we’re here to help you leverage real estate syndications to build wealth. Join the Growability Equity Club today to get started.

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