BECKER, REUBEN & ASSOCIATES, INC.
REAL ESTATE INVESTORS
BB
It takes more than mere years to comprise experience. It takes exposure to many situations and many problems over those years from making the right purchase, to solving the key problem of a property that leads to higher levels of profitability that comprises valuable experience, experience you can bank on and get rich on. We started as appraisers, my Dad's profession, and added to that management, brokerage, coop- conversion, marketing, multi-family investment, development and syindication. With everything we do and did, we added to our base of knowledge, a good purchase, a vision of the investment, persistence in the face of difficulty, unwavering commitment, and achievement of results, high occupancy, good cash flow and money you could use and spend. Our latest multi-family was purchased three years ago was an aging underperformed with an average first year gross of $92,000 per month. After three years, we just hit $125,000, adding $32,000 monthly to the cash flow, or $384,000 annually to the bottomline, And we still have room to grow.
Lakeville Townhomes
228 Units
Shreveport, LA
Bought in 2013 for
$6,150,000
Timberlake Courts
220 Units
Beaumont, TX
Bought in 1997 for
$2,250,000
Renata Lakes
115 Units
Houma, LA
Renovated in 2010
Valued at $7,500,000
Fountain Lakes
244 Units
Bossier City, LA
Bought in 2001 for
$3,200,000.
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