Wealth Creation through Multifamily Apartment Investing
Are you interested in investing in multifamily apartments or maybe just have questions about how investing in apartments might benefit you?
“I’ve known David as a friend for fifteen years and a business partner for five. I’ve found him to be honest, knowledgeable, thoughtful, and dependable. Would highly recommend David.” (April 15, 2020)
David McLean is a real estate investor with over 20 years experience in the industry. He and his family live in Signal Mountain, TN, a suburb of Chattanooga. He grew up in Magee, Mississippi and graduated from Ole Miss in 1994. David was exposed to real estate in his mid-20s through a trusted family member with a lifetime of experience in the business and has been involved in real estate ever since.
Multi Family Apartments
At DMC Real Estate Investments, we invest in value-add multifamily assets in Chattanooga and surrounding areas in the Southeastern U.S. that are 20-100+ units in size. The ideal properties we seek are underperforming and present opportunities for us to increase value by increasing revenue and/or decreasing expenses. We accomplish this through implementation of professional property management, streamlining operations, completing renovations and making capital improvements necessary to reposition the property.
Under Performing Apartment Communities
Value- Add Opportunity
Class B and C properties
Utilize Professional Property Management
Repairs & Updates
Raise Rents to Market
Refinance the Asset, returning investor capital and continue operating or,
Sell the property
Typical hold period between 3-7 years
Get in Touch
If you are interested in learning more about how investing in multifamily apartments can help you build passive income streams along with generational wealth for you and your family, let’s get on a call soon! We would love to get to know you and learn more about your goals, discuss multifamily investing and answer any questions you may have.