Our Philosophy
Retire on Rentals offers “turn key” investment properties with tenants and property management in place. All of our single family homes have been recently renovated as a superior rental house in Charlotte, NC, an emerging real estate market. We are principals/owners in all of the properties we offer, and we help you every step of the way!
Cash flow Investment Properties
Your positive cash flow begins the day you close on our properties. Single family homes offer more flexibility in terms of leverage and financing than any other real estate investment. Let us show you how you can earn 30% – 45% annual return on your investment. We will help you run the numbers to accurately analyze the deal using your assumptions.
Retire on Rentals investment criteria
Most properties have positive or break even cash flow with a 10% down payment. Our houses are located in strategic neighborhoods close to uptown Charlotte, in a price range of $85K - $150K. We buy 3 – 5 bedroom single family houses in established neighborhoods.
A simple way we have developed to diversify our portfolio of rental properties…
CORE: A “Core” neighborhood tends to mirror the overall trend in the market place. (If the market place is appreciating at 7% per year, so is the Core Neighborhood.)
EXPLORE: An “Explore” neighborhood offers a more speculative investment that has potential to outperform the overall trend in the market. (A little more transitional area but likely to experience strong appreciation)
Single family v/s other real estate
We attract families as tenants that view our properties as their homes and tend to stay, compared to more transient multi family complexes.
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Single Family
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Multi- Family
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Commercial
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Down Payment
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20%
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20% -30%
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20%-40%
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Cap Rate
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9% - 10%
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5%- 7%
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5% - 7%
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Vacancy
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3-5%
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10%
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Market
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Stable
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Cyclical
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Cyclical
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Exit Strategy
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All buyers
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Investor Buyer
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Unique Investor Buyer
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Investor Involvement
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Passive
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Passive
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Passive
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Diversification
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Many neighborhoods
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One neighborhood
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1 Shopping Center
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Appreciation
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Rehab as a rental
All of our houses are rehabbed as rental houses, meaning laminate counters, laminate floors, builder grade carpet that is both attractive and durable; two paint colors for quick touch ups. We have our own construction crew that rehabs the houses to eliminate maintenance issues, such as ceiling fans, garbage disposals, screen doors, etc. They follow detailed checklists to ensure proper function of all systems of the houses (plumbing, electrical, HVAC etc.)
Why invest with Retire on Rentals
We pride ourselves on high moral standards and ethics. We are interested in building on going relationships with our clients. We are committed to service and helping you benefit from our experience.
Based on requests form our clients, we started an in-house property management company that markets the property, evaluates tenants, leases the property, collects rent, and provides an owner statement and rent proceeds directly to your bank account.
Retire on Rentals and lending affiliates will help you customize an individual investment plan taking into consideration your current financial situation as well as goals.
Retire on Rentals already owns the properties we are offering. If the houses are not sold within 60 days of being on our website, they are kept for our rental portfolio.
Click Here to View Our Properties For Sale
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