Facts support our belief that the United States is expected to experience a significant demand for rental units. The recession resulted in an unparalleled shift away from home ownership and toward a strong demand for rentals. Millennial's want more flexibility and do not want to be tied to a house. Babyboomer's are selling their homes and moving to apartments in order to have no maintenance. Additionally, the prior recession significantly hindered and reduced the supply of new housing.
While construction financing has become easier and new supply is on the rise, the pipeline for new construction is expected to lag U.S. population growth over the long term. Kahuna Property Partners and its investors are poised to take advantage of these economic and demographic factors by acquiring premier B and C multi-family properties with stable cash flow and long term appreciation.
Allows us to thoroughly analyze 95% of all deals in our targeted markets with only 2% - 3% qualifying for further review. This strict ﬁltering process ensures assets that meet our conservative underwriting and focus on cash ﬂow for investors get selected.
When on-site, our team of experts inspect and analyze on site all ﬁnancials and the physical condition of the property to mitigate potential risks and uncover opportunities for our investors. Only qualiﬁed deals move forward.
Our systematic team approach to performance, KPIs and people constantly elevates our communities to highest standards. This ensures predictable investor cash ﬂow and appreciation.
Utilizes a cash ﬂow centric approach, driving proﬁts to the bottom line, while maintaining the asset. This positions the property for a proper and proﬁtable exit for our investors. With return of equity and proﬁts, our investors are now positioned to take advantage of the next Kahuna acquisition.
As a managing member of Kahuna Property Partners, Corey Peterson strives to provide his investors with stable cash flow returns and long term capital appreciation. Corey has flipped, renovated, converted, acquired and sold over $39 million in real estate across the country. He has also been involved in the ownership and management of more than $31 Million dollars worth of commercial and residential properties nationwide. Corey is the bestselling author of "Why The Rich Get Richer-The Secret to Cash Flowing Apartments", and has spoken at the prestigious, Harvard University. Corey is also the host of the podcast, Multi-Family Apartments Investing Podcast and has been featured on FOX, CBS, ABC, NBC affiliates.
Jack Bosch is the second managing member of Kahuna Property Partners. Jack has vast experience in real estate having negotiated, bought, sold, rehabbed, as well as owned and managed over 3,800 properties since 2002. Currently he holds a large portfolio of properties in land, single family, commercial, and large multi-family properties. After completing his Masters degrees in Business Administration, Jack and his wife Michelle, built the 3rd largest land auction company (selling only their own properties) in the United States. They also started a highly successful 7-figure real estate education company focusing on teaching others how to invest in real estate. Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth."
Shelley Peterson focuses on investor relations, acquisitions and asset management of all current portfolio assets. Her primary roles are sourcing investment opportunities and managing investor communications. In addition to finding deals, Shelley is responsible for developing effective communication strategies and vehicles targeted to the investment community that accurately portrays the company's vision, performance and prospects. Shelley graduated from the University of Central Oklahoma with a Masters degree in science. Her strengths include an unmatched ability to quickly connect and communicate effectively to others.
As a key part of leadership Michelle is responsible for company financials and its financial ability to achieve growth goals, both now and into the ensuring future. Prior to this position, Michelle held positions as COO and CFO for Orbit Investments, LLC and Orbit Publishing, LLC. Together with her husband Jack, they have built multiple 8-figure companies, bought, sold and managed thousands of property transactions across the entire United States. Michelle holds a Masters of International Management from the prestigious Thunderbird International School of Management and a Bachelors of Business in Finance from Western Illinois University.
To qualify as an accredited investor, a person must demonstrate an annual income of $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income. An individual must have earned income above the thresholds either alone or with a spouse over the last three years.
A person is also considered an accredited investor if he has a net worth exceeding $1 million, either individually or jointly with his spouse excluding personal home.
All our investment and Private Placement Memorandums are based on individual properties, and every property is different and will therefore offer different returns. Our current investors are right now realizing between a 6%-8% preferred cash yield annually, and are expected to double this return upon the sale or refinancing of the property for overall investment life cycle returns of 10%-16%.
Each investment is selected such that it pays an min. average annual preferred return of at least 6% (depending on the individual property deal this could be higher than that) which is paid out quarterly via direct deposit into your bank account or by check. In other words, the investors get paid first before the sponsors get paid anything. This protects you as an investor and makes sure we only pick projects that have strong cash flow outlooks.
Upon a Sale or Refinancing of the property it is our goal to return 100% of the initial invested amount to each investor, and then do a 50/50 profit split between sponsors and investors up to the point where investors doubled their annual return from the Cash flow (so if Preferred Return from Cash flow is 7% the profit split is 50/50 until they reached a total "Target Return" of a 14% per year return over the holding period)
After the target return (in the above example 14%) is reached the investors continue to participate at additional sale proceeds at 10% of any dollar above this threshold. This ensures everyone involved is focusing one the same thing, "increasing cash flows as much as possible while maintaining the property in great condition, both of which ensures a high forced appreciation of the property".
We don't wait for the market to appreciate, we actively increase property values through world class management, value add, and maintenance.
Great news. You will be limited liability owner of the property which comes with all the benefits like depreciation and cash flow, meaning the property is owned by a "Property LLC" for which that property is the only asset (reduces liability).
You in turn will be a direct shareholder in this Property LLC so in essence you are part owner of the company that owns the property. This allows for a direct flow-through of cash flow, depreciation, and allows you upon sale of the asset to realize long term capital gains … PLUS, you literally get to tell your friends you "own" an apartment complex, because you do.