Making your investments grow, makes our investments grow!
What we touch, turns to GOLD!
WHO CAN INVEST?
Investments are open to those who are Accredited Investors or those with a preexisting relationship with Black Gold Real Estate Investments, LLC or Darrick Muhammad.
If you are interested, feel free to contact us at any time for more information.
WHEN WILL I GET A RETURN ON MY INVESTMENT AND HOW LONG IS HOLDING PERIOD?
Depending on the investment property, the holding term will change, although it usually lasts between three and five years. The time frame for the holding period will start on the day we close on the purchased property and last until it is sold. Remember that the duration of the holding period is subject to change. The duration of the holding period may vary depending on how the investment plays out and how the market conditions evolve, even though Black Gold Real Estate Investments will outline it in our Private Placement Memorandum. If there are any situations that call for a shorter or longer holding time, we will stay in regular communication with our investment partners.
HOW MUCH RETURN CAN I EXPECT?
Projected returns wil be listed in the Private Placement Memorandum or prospectus document.
WHAT IS A PASSIVE INVESTOR?
A passive investor chooses to put money into a real estate investment—and their involvement generally stops there. Passive investors are not involved in buying, managing or selling the assets.
WHAT ARE COMMON REAL ESTATE ABBREVIATIONS AND ACRONYMS?
ARV: after-repair value CAP: capitalization CMA: comparative market analysis CCR/CoC: cash-on-cash return COF: cost of funds COO/C of O: certificate of occupancy CRE: commercial real estate DSCR: debt service coverage ratio FMR: fair market rent FMV: fair market value FSBO: for sale by owner GRM: gross rent multiplier HML: hard money lender HOA: homeowners association HUD: Federal Department of Housing and Urban Development IRR: internal rate of return JV: joint venture L/O: lease option LLC: limited liability company LLP: limited liability partnership MDU: multiple-dwelling unit MFH: multiple family home MLS: multiple listing service NNN: triple-net lease NOI: net operating income NOO: non-owner occupied O/F: owner finance OO: owner occupied P&S: purchase and sale PCF: price-to-cash-flow ratio POA: property owners association REI: real estate investing REIT: real estate investment trust REO: real estate owned ROI: return on investment RTO: rent to own SFH: single-family home
WHAT A THE THREE MOST IMPORTANT NUMBERS TO LOOK AT WHEN INVESTING IN REAL ESTATE?
The internal rate of return (IRR), cash-on-cash return, and equity multiple can help you decide if an apartment building is a good investment.
IS REAL ESTATE A GOOD INVESTMENT?
Real estate has always been king when it comes to investments. Some of the most successful entrepreneurs in the world have built their wealth through real estate. In fact, it's estimated that 90% of all millionaires invest in some form of real estate.
SINGLE FAMILY HOME VS MULTI FAMILY APARTMENTS?
"With apartments, you have multiple units. With houses, you only have one. Multiple units mean you have more revenue. It also means, your revenue is more secure. Why? If you have a 100-unit apartment building and one tenant leaves or does not pay the rent, you will most likely still have positive cashflow—and lots of it!
​
If one tenant leaves your single-family rental house or condo, you're in negative cashflow territory. One month of vacancy with single-family houses— especially if you're leveraged (meaning, the house is not free and clear or still has a mortgage)-is equal to about six months of your cashflow. Two months of vacancy and an entire year of cashflow is gone." - excerpt from @mikeealynassau Mike Ealy's book "From Broke to Millions."
HOW TO ORDER MIKE EALY'S BOOK "FROM BROKE TO MILLIONS"?
To order Mike Ealy's book "From Broke To Millions," click on the link below:
WHO IS MIKE EALY?
From Mike Ealy: "In early 2000s, I lost everything. I lost my car wash business, my rental properties, even my own home. I had to go back and live with my parents at 30 years old. Being broke with bad credit...I had to get creative and hustle. Just four years later, I became financially independent. Today I own over 1,000 apartment units, 45 rental houses, an industrial warehouse and a hotel. My book 'From Broke to Millions' will show you how I did it and more importantly, it will show HOW you can do it too!"
WHAT IS SYNDICATION?
Real estate syndication is a real estate deal in which several investors combine their funds to buy a property. A general partner is responsible for locating the deal, coordination the transaction and funding, and managing the investment once the transaction has been completed. Limited partners invests in the real estate deal but they don't make business decisions and has no personal liability for the property debts.