GMG | Investor
[Super rare] Newly-constructed multi-family unit in Los Angeles with a 6.8% cap rate!
4 Units x 5 bedrooms + 5 bathrooms + attached garage (total 20 bedrooms!). Approximate Lot Size: 7,499 sq. ft. Year Built: 2024
The property will be delivered with a 5-year master lease with government-assisted transitional housing organization.
Located just 0.2 miles from the University of Southern California's Health Sciences Campus and offers easy commutes to Downtown Los Angeles, Mid-City, and the Westside.
The 2024 construction ensures no deferred maintenance and strong in-place income. The property will be delivered fully occupied through 2024-2029, providing investors with immediate stabilized cash flow greater than 6.8% cap rate on current income.
Projected Monthly Rent: Y1 $23,000; Y2 $23,690; Y3 $24,400; Y4 $25,132; Y5 $25,886
Contact me directly for detailed pricing and tailored financing options.
Hotel101
Last week, I hosted a webinar with Hotel101, a company offering the opportunity to invest in 'hotel' rooms in the form of freehold condo titles and a share of the gross room revenues, with NO expenses or operational and maintenance responsibilities.
They are positioned as a 3-star hotel with 5-star amenities in super popular locations such as Niseko and Madrid. Owners also get free nights each year at the hotels! Watch the video to learn more, or contact us here!
U.S. Mortgage Rates
Last week saw the lowest mortgage rates in the past 15 months. The difference in year-on-year mortgage payments (Sep 2023 vs Sep 2024) is about $300 a month or $3,600 a year, all things equal.
The current CHIPS Act is creating many jobs in the U.S., and this gentrification is driving home prices in the Midwest, where chip manufacturers are building their facilities - each responsible for well over 10,000 new jobs. We just met a couple buying homes in a midwest town where Google has their data centres and Intel is building a semiconductor fab - in this popular midwest town, home prices have doubled in the last few years.
Many of these skilled labourers will need to rent, and this theme is consistent throughout the U.S. It's never been a better time to be a landlord in the U.S.
Our Foreign National mortgage rates are very low, and you qualify ONLY on rental income, not your personal income; super easy.
Bridging Loans
Using your home equity for cash has been a useful way to generate liquidity when you need it! Our clients use this for tuition, renovations, paying down high-interest debt, or personal investments! We offer these loans in Singapore, the U.S., the U.K., and Australia!
Happy Hunting!
