We are primarily buying properties that can be used for Co-Living (rent-by-the-room) so we need at least 3 bed, 2 bath, and 1500+ sq ft.
We primarily buy in Phoenix AZ, Tampa FL, Atlanta GA, & Charlotte NC. We are also open to other markets so please just send over everything. Primary and secondary markets are preferred (population over 30k).
As a baseline starting metric, we prefer creative deals that are at least cash flow neutral as an LTR with reserves accounted for and in a great location.
Please account for at least 8% vacancy, 10% CapEx/maint, and 10% Property Management.
We’re looking to do minor/mid rehab only. Basically things like flooring, paint, kitchen, bathroom, etc. Ideally, no major rehabs or full gut projects unless they are at a DEEP discount.
Not sure if it's a deal? Go ahead and send it over to deals@emlowprops.com so we can underwrite it and get back to you ASAP!
Flipping for Profit
First Flip | Austin, TX
My wife and I bought our first home together and flipped it for over $244k profit. After that I was hooked.
The Creative Journey
Deep Dive into Creative
I began learning more about creative finance and eventually became obsessed. Solving problems that can make a deal work where no one else was able to and everyone wins? Sign me up.
Enter Co-Living
Hyper Focused Returns
Beginning of 2025 I got connected to other investors in the Co-Living space. After seeing the returns and how impactful it was to create housing in a market struggling from affordability, I decided to jump in and focus solely on partnering with others to invest in Co-Living properties.
We're always looking to scale to more markets, but we're currently focused on these core markets:
It's completely property dependent, but for PML we always try to underwrite for 10%-12% interest.
For PMP's however, we underwrite so that you receive 8%-10% CoC return AND we give you preferred returns so that you get back your initial investment ASAP, on top of all the other benefits of ownership (appreciation, tax benefits, depreciation, etc.)
Fill out the partnership form and schedule a 1-on-1 with me if you haven't already!
Once we close on a new property, if you come on as a PML you will start receiving your returns within the first month after the property is actively rented on PadSplit.
If you come on as a PMP, you can choose to receive your returns every quarter, 6 months, or end of year.
