What We Do
Let’s take a quick glimpse behind the scenes of a Jacksonville Wealth Builders Investment so you can see exactly what we do. Our in-house team of full-time real estate experts have bought and rented over 400 investment properties right here in Jacksonville, FL. In fact, our team actually owns cash flow properties in the exact same neighborhoods as our clients…which means we put our money where our mouth is!
We use our extensive knowledge, experience and reputation within the Jacksonville real estate community to help our clients invest and build passive income streams by building a rental portfolio in Jacksonville, just like we are. But there’s a lot of moving parts that go on behind the scenes.
Now, as you’re learning more about our process, keep in mind that while all of this is going on behind the scenes of our program, the vast majority of our clients never even know its happening. That’s because when you become a Jacksonville Wealth Builders Client, all of these things are taken care of for you long before you ever sign on the dotted line to invest in a property. Every property our clients buy will already have been purchased by our company, completely renovated and rented with a signed lease and a tenant in place. Many of our clients just like to know how we make this program possible, so here’s a sneak peak behind the scenes:
The first part of the process is acquisitions. Because we have bought literally hundreds of properties, banks call us when they have a foreclosed property that they need to move off their books. This allows us to have access to properties that nobody else knows about, so we can acquire these properties at large discounts for our investors.
But guess what, these properties need a lot of work! That’s where our amazing project management team comes in. They are responsible for turning the dilapidated properties into quality homes for tenants. We hire only licensed and insured general contractors and sub-contractors to work on our properties and many times our crews are handling 8-12 renovations at any one time. Our average renovation project takes about a month to complete and the average cost of the job is $25,000.
In 2012, our company also began building new construction homes for our Clients who are still planning to rent these properties out for positive cash flow. The amazing real estate market we have in Jacksonville, combined with our extensive knowledge, experience, relationships and resources within Jacksonville Wealth Builders, makes this new construction investment opportunity possible.
Once the project has been renovated, a full-service property management team is hired. The property management company has a full team of professional leasing agents who are able to rent our client's properties out very quickly and for top dollar rent. But more importantly, the customer service team for the property management company acts as the main point of contact for your tenants. You will never get late night phone calls about leaky toilets or excuses about why the rent is going to be late this month. The customer service team handles that for you so you never have to worry….that’s what we call peace of mind!
For our clients, many are never even aware about all of the teammates and the intense coordination and communication required to produce these investment opportunities…and that’s the way we like it! This allows our clients to make sound, objective decisions based on the cash flows and returns…without all the other headaches that typically come along with rental property investments. Complete peace of mind is our goal in the Jacksonville Wealth Builders program and that’s what we deliver to our clients.
JWB believes in building long term relationships with our clients, so you won’t find our properties listed on the website. To begin the discussion of investing in our properties, the first step is to set up an appointment with an Investment Advisor by calling our office at (904) 677-6777.
JWB home buyers Blog11 Dec
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