Determining whether or not to invest in real estate can be overwhelming, and as investors ourselves we know the importance of having a clear plan when entering or exiting a prospective offering.
Bulldog’s conservative approach for analyzing deals puts the investor first by targeting opportunities that yield cashflow on day one, and offer significant upside to force and maximize equity upon resale. We achieve this by acquiring multi-family assets in emerging markets, repositioning these properties with a variety of value adds and/or rehab, and typically selling after a 3-5 year hold period.
Emerging markets indicate that a property will likely appreciate naturally (regardless of intervention) due to significant job and population growth over recent years. This, coupled with the upgrades we implement, ultimately makes a property more cash-positive, which increases the bottom line. Together, this means more cashflow for our investors while we hold, and a bigger payday when we sell.
$3M - $20M purchase price
50 - 300 units
B to C type assets
A to C type neighborhoods
Vintage 1978 or later
Risk mitigation with downside projections
Preferred markets are emerging tech hubs
2% job + population growth in past two years
Value Add Opportunities
Smart appliance upgrades
Water sensors and lighting timers
Online resident portals
Dog parks, wash stations
Valet dog walking, laundry, and trash
Unit rehab / renovations
Institutionalized property management
Service contract renegotiation
Exit Strategy
Stabilized asset sold at market price
3 - 5 year hold period
8%+ targeted cash-on-cash returns
20%+ targeted avg. annualized returns
At or above market rents
Improved quality of life for residents
Streamlined investor payout
Rollovers into bigger deals