Commercial & Residential Real Estate Developer.
Commercial & Residential Real Estate Developer.
Coordinates with realtor the rental of the property
Coordinates with property manager the move in of tenants
Supervises the collection process that is performed by the staff in the office
Supervises that tenants receive prompt attention to the property
maintenance needs.
Evaluates return on properties to ensure they meet the expected returns
Our business is a process that starts with finding the right distressed property to buy. This takes time, money and research.
Once we buy a property, we improve the value of the property by investing in all the repairs and renovations the property may need. So it can attract potential buyers and tenants.
Location, location, location. This is the core of our business, distress properties are everywhere, but not all of them have the location. It is location and scarcity what gives appreciation to a property. That is why we have chosen to buy properties in the historical neighborhoods of the city which has proven to retain higher property values.
They also are desirable because of their location, specially by many young professionals and empty nesters that want to migrate form the suburbs to the proximity of downtown.
Other factors that fuel the demand for housing close to downtown are the price of gas rising, traffic getting worst every day, and the new conscious of the people for their environment, we are become more of a green society with a smaller footprint.
There is also a charm in living in and old historical neighborhood, that you can not get in the suburbs, more and more people tend to appreciate it and this makes a demand for this kind of product.
Scarcity, you can not create more old historical houses like the ones that already exist
Once that we have finish restoring the property, we like to hold the property and lease it to get a return on our investment until such time that we felt the market can bear the sale price that we would be willing to sell for.
Understanding what the market wants and expects to see in a renovated house, give us the knowledge of how to remodel a house in order to exceed our clients expectations.
We put the money where the customer will have the most appreciation and greatest perceived value.
Crosstimber Real Estate Developer
15555 Tradesman, Suite #400, San Antonio, TX 78249, US
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