Your investment is in a specific property. Each property has its own profit and loss statement. You’ll be able to see the budget, and the exact expenses and income when the property is sold. Your return on investment will be based on these numbers, with an agreed-upon profit-sharing percentage. We are joint venture partners on the property. Our success is your success. We are in business to earn a profit and we share that with you.
Real estate investing has created millionaires and billionaires all around the globe. Why? Because everyone needs a place to call home.
In Atlanta, our population is projected to grow by almost 3 million people in the next 30 years. We have a housing shortage here. Prices will continue to rise as demand grows.
Investing in a finite asset with increasing prices and growing demand is ideal if you want to get a good return on your investment. As Mark Twain famously said, “Buy land, they’re not making it anymore.”
You could invest your hard-earned money in many different opportunities. But real estate, and specifically residential real estate, has one powerful advantage over all the others: everyone needs a home. Not everyone needs gold, or shares of stock in a tech company or a nebulous, intangible digital currency that no one understands.
Real estate is tangible. You can see it and feel it and live in it. No one can steal it and you can’t accidentally lose it.
Real estate is a great investment. That’s why we’re here!
But it’s also very challenging and time consuming.
Unless you have developed the experience needed to find houses, evaluate them, negotiate a purchase, create a renovation plan, locate a trustworthy contractor, do the renovation work and finally sell the property, we believe that you can do better letting Resideum handle all of that, and just invest your financial resources while we take care of everything else.
Real estate, like any business, requires capital to run.
Each property and project is unique. Larger projects and properties, or those with greater renovation requirements, naturally take longer to complete.
On average, from the time you invest until a property is sold and profits are distributed, the completion time is __ weeks/month. However, this is a historical average and does not guarantee that any project you invest in will be completed in this amount of time. It could be less or it could be more.
Again, each project is different and you should look at the details about a specific project when considering your investment.
The renovation phase of a project can be impacted by numerous factors including permitting delays, labor shortages, supplier shortages and more.
Once the renovation is complete, the selling phase begins. While the Atlanta real estate market is extremely active and healthy, delays in selling any property are possible. In our experience, our properties sell, on average, in __ days.
The great news is that, even with unforeseen delays, the return on investment is still substantial in nearly all cases because we carefully select properties we believe have the best chance of returning large profits when renovated and sold. And because your investment is relatively short, the annualized return is typically much higher than other investments.
Resideum is investing right along side you both in terms of money, time, personnel, expertise and more.
It is possible that we could have more than one investment partner like you on a particular property and that will be fully disclosed to you.
Resideum invests in residential property, primarily single family homes. However, we look at the merits of each property to see if we can add value to the property, while delivering a profitable return to our investors.
We will consider investments in other properties including condominiums, townhomes, duplexes, raw land and more.
You always have the option to invest in a specific type of property that we are renovating, so if you prefer investment in one type over another, you can make that choice.
Yes, we can usually make arrangements for you to see a property prior to making an investment. When an in-person visit is not possible, we have pictures and other details we can share with you so you can make an informed investment decision.
Our previous investments are viewable on this site by clicking on Completed Projects.
We look at numerous factors when searching for our next investment property….
There’s almost nothing we won’t tackle in renovating and repairing properties. We have even torn down houses and started over with new construction. The property itself will dictate what is required.
By the time we make a property available for you to invest in, we have done our inspections and created a budget needed to correct the problems in the house. While there can always be surprises, we go in with a thorough understanding of what needs to be done to return a property to a like-new home.
And that is our goal: return a property to like-new condition so that the next owner can purchase the house with complete confidence that it will perform flawlessly for years to come. Each house is sold in move-in ready condition so it is highly desirable by retail home buyers.
We repair damage to the home including:
If it’s damaged we will repair or replace it.
We also focus on the aesthetics of each property. This means that we spend time choosing appropriate:
Getting the beauty of a property right is incredibly important when selling the property. The level of finish is always appropriate for the neighborhood and the market trends. We do try to stay away from decorative fads, but instead install more timeless finishes that are universally desired by homebuyers. Our in-house interior designer helps to pick the most appropriate materials, while simultaneously keeping on budget.
We often make changes to the floor plan, creating more modern and open-concept designs. In the process, we remove walls, move walls, create new bathrooms and more.
We also spend time on the exterior of properties, including the yard and landscaping. This could mean just a little paint, or it might include a new driveway, all new siding and a new carport or garage. Again, the property and the neighborhood will set the standard for how much work needs to be done to the home.
Resideum started buying properties in 2019. However, Greg Kurzner and the team behind Resideum has been involved in Atlanta real estate and property renovation for over 30 years.