One factor that may keep an investor from making a commercial property purchase is a lack of capital. Another may be a bad credit score or even a lack of industry credibility. The reasons are many, but there is a potential solution for those ready to dive into the world of real estate investing, purchasing an Alabama apartment complex for sale. By utilizing a joint venture, you may be able to access resources previously out of your reach. Working with a dedicated company that can find you the best properties and introduces you to like-minded investors can garner you much success in your endeavors.

4 Opportunities Where a Joint Venture is Beneficial

There are several ways to accomplish your goal of adding an apartment complex to your portfolio. A joint venture may provide the best option when you are looking to buy an Alabama apartment complex for sale. Here are five opportunities where the benefits are plentiful:

1. You have undeveloped land but don’t want to sell it. Sometimes you pick up a good deal on a piece of real estate that you know would be a goldmine if it were developed. Instead of selling the land and losing out on potential revenue, you can join with a developer and contribute your land for them to turn the empty parcel into something more profitable. Your land plus their skills equals a fantastic opportunity for a joint venture.
2. You find an excellent opportunity but lack the expertise to manage a construction project. Instead of hiring a construction company and then managing the project, you can enter into a joint venture with a developer who has the expertise in these kinds of projects. You buy the land while they provide the construction and project management experience.
3. You may have the assets but not the industry credibility to entice investors. Without industry credibility, all the cash, credit, and development expertise are insufficient to garner investors. It may be possible to join a reputable developer to get the capital needed for the project.
4. Getting financing can be challenging. You have the down payment and management experience, but you lack the credit score to pull off a loan. However, it may still be possible to find a joint venture partner with a suitable credit rating to obtain the needed financing.

Choose The Estes Group for Joint Ventures in Apartment Complexes

Don’t let obstacles stand in your way of purchasing an apartment complex for sale in Alabama or a retail mall in Tennessee. Utilize the different investment options available when you partner with The Estes Group. Our team of experts has the connections you need in obtaining the real estate investments that help you reach your wealth-building goals. Look to us for help with acquisitions, dispositions, leasing, 1031s, multi-family, property and asset management, and much more. Talk with us about all your commercial investment and joint venture needs in Louisiana, Alabama, Mississippi, and Tennessee.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you find an Alabama apartment complex for sale that will deliver the best return on investment.

Real estate investment often rises to the top of the list anytime you decide to build a passive income stream. The options you can choose from are many. Do you aim for a singular line of investing, thereby placing all your eggs in one basket or should you broaden your horizons? Many financial advisors would encourage you to diversify. You may agree with them, but you can choose many different avenues to accomplish your overall plan in the world of real estate.

How you choose to diversify can take many forms. It pays to have someone come alongside you and aid you in your decisions. The Estes Group does that and more. We offer a wide range of services, including acquisitions, property and asset management, and court-appointed receiverships. Whether you are looking for an Alabama apartment complex for sale or a strip mall in Tennessee, we can help you find the best income-producing property for your goals.

3 Ways You Can Diversify Your Investment Portfolio  

Diversifying is simple when you consider these three ways you can accomplish it:

1. Broaden Your Geographical Reach: The Great Recession of 2008-2009 reminds us that geography plays a huge part in how the real estate market behaves. Different parts of the country react differently based on what is going on in the world and the legislation implemented for that area. For example, Detroit suffered greatly when the Recession hit the automotive industry. The local economy deteriorated immensely while other areas of the country were able to remain stable. Investing out-of-state can help mitigate this risk, such as choosing an Alabama apartment complex when you live in Georgia or Florida.
2. Expand Your Asset Class: Filling your portfolio with only one class of assets can place you in danger of losses should things go sour. Think of how office and retail space has been affected by the pandemic. As more and more companies send their employees home to work, vacancies have risen. In contrast, warehouses and medical buildings have blossomed. You don’t have to invest in every class, but diversifying can help you reap many rewards during the market’s ups and downs.
3. Work with an Expert Broker: Find a qualified broker with their ear to the ground and the wherewithal to help you find the best deal for your goals. The Estes Group has the knowledge and experience to assist you in building out your real estate portfolio. We have spent years working with a variety of investors to aid them in reaching their financial goals.

Choose the Best Alabama Apartment Complexes for Sale with The Estes Group

Work with a real estate investment broker that is investor-focused and has the knowledge, leadership, and ability to help you make the best decisions. We understand the various ways to purchase, own, and sell properties like 1031/1033 exchanges, self-directed IRA’s, real estate gifting, and estate planning. Whether you are looking for apartment complexes for sale or another type of investment property, we can help. We service Mississippi, Alabama, Tennessee, and Louisiana. Contact us today and let us help you achieve your goals.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you research, choose, and purchase real estate investment properties for sale that deliver the best return on investment.

If an Alabama apartment complex for sale is at the top of your wish list, let’s talk today.