In this episode, we’ll have a chat with our longtime friend Mark Faris from Faris Capital Partners about the multi-family investment projects he’s working with in the United States, and why they represent such a good opportunity.
Mark has built one of the top real estate teams in Canada, and he’s now taking on a new venture with an experienced team in the United States.
This latest offering is providing partner investors with a 20%+ average annual return, in the attractive location of Charleston, South Carolina.
Multi-family presents a really unique opportunity for value growth that you can’t find in smaller investments. Mark explains that every $1 dollar your rent increases is worth $20-25 in property value.
That’s a huge multiplier, particularly when you’re talking about properties with 100+ units!
Here’s an example of renovations planned:
You can read the full business plan here.
Investors in Ontario are frustrated with two things right now: negative cash flow and rent control.
Mark has provided us with a hands-off investment opportunity with VERY respectable returns, while completely avoiding these two issues that plague us locally.
Have a look, and let us know if you want more information about anything to do with this investment opportunity.
You can book a call with Mark here and you can sign up for Faris Capital Partners deals here.