Multi-family Real Estate Investing Simplified
The BCG team acquires and operates apartment buildings in order to:
Create value for our investors
Improve our neighborhoods
Provide a high quality of life for our tenants
By leveraging the power of our experienced team and streamlined processes, we have simplified operations to focus on scaling the business to bring more investment opportunities to you!
We keep our investment strategies simple by providing:
Consistent transparency - no fine print to translate
Investment options with no hidden fees - we share our fees and our underwriting models
Regular communication - we don't sit on bad news
Lower buy-in amounts - you don't have to be wealthy to get involved
Easy access to the general partners - we will get on the phone, day or night, to answer any questions
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The BCG Strategy
Our team targets off-market, value-add capable, multi-family properties from 5-20 units, $1.5-$4MIL in value in high demand, growth markets and sub-markets.
We strategically look for properties that need rehab, are currently mis-managed and have the ability to create additional revenue or a path to significantly reduce expenses.
Upon closing, our team looks to begin executing our business plan, which typically includes some form of value-add work or updates. This could include any activities that improve net operating income (NOI).
Some areas of NOI improvement:
Rehab units -> increase rents
Repurposing non-used space such as garages or storage
Removing costly utilities or contracts from previous owner
Converting units to short or medium term rentals
Once improvements are made, our team turns our focus towards maintaining and optimizing our operations. This simply means effectively monitoring, evaluating and course correcting against our metrics. The ultimate goal here is to maximize our return, utilize all tax strategies available and to maintain a superb living experience for our tenants. BCG manages all of their assets internally to help control costs.
Our team has an overall focus on Chicago but specifically targets undervalued assets in neighborhoods such as Wicker Park, Humboldt Park, West Town, Ukrainian Village and the surrounding areas. Each of these areas are the most sought after pieces of real estate in Chicago and are loaded with restaurants, shops, bars and some amazing parks. Young professions are the target rental population who make up a majority of our existing tenant base as well as the total tenant pool to choose from. Vacancy rates are historically low for these areas, as we often see less than 4 day turnovers between tenants.
Why Multi Family
Investing in multi-family real estate offers some unique advantages that resonate with our investing objectives:
Returns - Multi-family real estate investing offers competitive returns historically outpacing other investment vehicles such as stocks, bonds and mutual funds. Our team spends a lot of time analyzing deals to find undervalued properties that have opportunities to unlock value.
Tax Advantages - There are several tax advantages to investing in real estate that are not available through over more traditional forms of investing. Our investors are able to benefit from legal tax avoidance and deferment strategies such as depreciation, cost segregation, 1031 exchanges and tax-free cash-out refinances.
Scale - Buying small apartment buildings allows for the purchase of several units under one roof all at once, making the management and operation of the asset simplified, enabling our team to grow at a faster pace.
Competition - Our target property size (5-20 units) is an underserved space. The big players want to operate in the larger real estate communities, and the large pool of smaller players are too small to buy in this price range, reducing competition.
Passive Income and Wealth Building - Investing in multifamily is the best way to create passive income, hands down. We make your money work hard for you so you can earn returns passively while you sleep. Our goal is to help in your financial freedom journey!