Multifamily rental units are the future of real estate investment, and with the help of a new groundbreaking development company, you can build the real estate portfolio of your dreams.
The multifamily housing market has grown exponentially, accounting for 42 percent of the total U.S. market and reaching over 487 billion U.S. dollars as of 2021. With numbers like that, there comes no surprise that investing in multifamily real estate is where the future lies and doing so can help you build generational wealth. The only question is - where do you begin?
Over 37 years ago, real estate investor and entrepreneur Odell Abdur-Raheem asked the same question. After years of learning, improving, and building a stellar real estate portfolio, he has transformed the landscape of real estate investment opportunities by creating a company that takes the guesswork out of investing.
Today Abdur-Raheem is the founder of S.H.A.R.E. Community Development Corp (SCDC), a quintessential development, building, selling, managing, and investment company founded in 2022, that helps both first-time and seasoned investors get their foot in multifamily real estate investing.
Here, Abdur-Raheem shares why S.H.A.R.E Community Development Corp (SCDC) makes investing in multifamily real estate as quick and easy as possible:
1. SCDC is a problem-solving company.
When he started SCDC, Abdur-Raheem looked at the company as a problem-solving company and built it to solve the problems that he experienced very early on as an investor and then later on in his career.
"I asked myself, if someone had created something where I didn't have to go through any of those challenges, what would it look like? And so, I developed the entire concept around helping investors invest in multifamily property in the easiest possible way that you can do it," he says.
With their investment model strategy, you invest in and own brand-new multifamily apartment units that are professionally managed to give you a complete hands-off hassle-free approach in entering this investment area.
2. S.H.A.R.E. helps the average person become an investor
"We sell a package that's about six and a half million dollars," he says. "Typically, to invest in that, you have to be accredited, and you have to have about 20% to 30% down, plus closing costs. That's anywhere from a million to a million and a half dollars to buy what we sell; but I've reduced that down to only $10,000 by utilizing a unique capital stack of financing and leverage for the investors while they own 100% of the property; thus significantly reducing their risk and allowing them to keep additional capital in their account to diversify their total investment portfolio," he says.
Abdur-Raheem explains that it's not a syndication where SCDC is a general partner, and the investor is a limited partner. Instead, the investor owns the property while SCDC manages the HOA and property management so that they each grow a profit. This opens a world of opportunities for many that otherwise would not have been able to invest in these assets and build long-term wealth.
3. S.H.A.R.E. capitalizes on the most stable real estate market
"No matter what happens, multifamily is the most stable real estate investment out there because everyone has to have a place to live. When interest rates are high, when housing prices go up, or when anything crashes in the market, it can dramatically affect the single-family home market. It's not affecting multifamily properties because people still must have somewhere to live. So multifamily property investment is always a great investment in my humble opinion," he says.
S.H.A.R.E. stands for Supplying Humanity Achievement, Resources, and Education, and this is something that's at the core of everything Abdur-Raheem does. When he coined the phrase in the early 2000's, it revolved around his personal understanding that the most valuable resource on planet earth is the human being. He says, "if you can figure out a way to serve the human being and provide a solution to the problems that they have, then that's how, to me, you become successful in business."
If you would like to learn how you can invest in multifamily rental units and build the generational wealth you've always wanted, be sure to schedule a free 10 minute presentation with an SCDC representative.
