OVERALL INVESTMENT APPROACH
Our overall investment strategy and specialty is to aquire distressed properties at a deep discount – usually 30% to 50% below market value. We then renovate, revitalize and sell those properties to retail home buyers and landlords.
At Blue Stone Properties, we pride ourselves on having a robust foundation of real estate knowledge and training. Our determination is to provide SOLUTIONS to homeowners and find VALUE for our buyers and investors by locating challenged homes, and investing to turn them into appealing properties.
The core of our business hinges on our systems, education and knowledge of the real estate industry. We have spent thousands hours learning how to be successful in business and to execute our model effectively. Through our affiliations, we are connected with a national network of investors that provide continual support and weekly timely insights on changes throughout our industry. This framework of support has allowed us to successfully navigate the many pitfalls most novice investors succumb to. Learning the hard way is not the smart way. We do not ask anyone to invest with us if we are not confident enough to invest ourselves!
We Follow A Strict Due Diligence Process
We have a systematic and disciplined approach when purchasing investment properties, putting each potential investment through a strict due diligence process. This rigorous set of criteria includes, but is not limited to, the following:
• Comparable property analysis and examination by an certified, independent appraiser
• An economic study of the neighborhood, city planning and development
• Demographics of area, marketability, and growth potential
• Statistics on the crime rate
• Public transportation and schools
• Overall condition of the property, including heating and air, plumbing, electrical, roof and structural
WHAT’S OUR COMPETITIVE ADVANTAGE?
Most homeowners are unaware of the options available to them beyond listing a house with a real estate agent or just trying to sell the house on their own, and hope for the best. We provide homeowners with a unique alternative to listing their house on their own or with a real estate agent. Our “out of the box” creative approach to real estate investing makes Blue Stone Properties Stand out as an industry leader.
Blue Stone Properties identifies equitable pricing on properties because we have the ability to act promptly and can close with CASH on the seller’s timeline. The allows us to acquire properties at with profitable margins, sometimes in a matter of days. Our Team has the competitive advantage over other investors who often take weeks to close on properties. Blue Stone Properties can facilitate extremely fast and hassle-free transactions.
Blue Stone Properties has an aggressive TEAM approach. We manifest a top-notch ability to expand our client base through our knowledge of deal structuring and advanced real estate techniques.
We also execute marketing strategies promptly upon purchase a property – this affords us a fair advantage over a real estate agent. Typically, many agents don’t spend time or money on marketing or lead generation strategies. As a result, they can sometimes take months to attract potential buyers. Routinely Blue Stone Properties is able to find our own buyers, allowing us to secure a strong sales price and save on sales commissions.
Our renovation process has been distilled down to a science with handpicked and proven construction crews who understand we are not retail clients. We pay wholesale prices to all contractors and typically get bulk discounts on materials.
INVESTMENT BUYING CRITERIA
Blue Stone Properties LLC purchases distressed homes in stable areas where there is still strong buying demand. Part of our grand vision is to improve the overall quality of living in both urban and suburban neighborhoods. In addition to improving overall quality of life.
Blue Stone Properties LLC is committed to increasing the value of real estate in the San Diego community. We are able to target distressed properties and breathe new life back into them with highly skilled renovations and improvements. In doing so, we are able to create beautiful homes and encourage home ownership.
TYPES OF PROPERTIES WE TARGET
Distressed properties in significant need of repairs – Properties where sellers need to sell quickly – Properties owned free and clear
The ability to identify equitable real estate investments is a learned and varied skill set. Blue Stone Properties has been thoroughly trained and possess these skills, along with the intuition to spot these great investment opportunities in today’s market.
Not every opportunity is a “good deal”, and we have built our company on a stable foundation knowing our numbers. Blue Stone Properties is building a brand and company that will weather the vicissitudes of market change and cyclical business trends. This can not be accomplished by taking uncalculated risks.
HOW DO WE PURCHASE HOMES SO FAR BELOW MARKET VALUE?
Blue Stone Properties has created a marketing machine that consistently produces a funnel of high quality leads. We set ourselves apart from our competitors by going beyond just placing offers on MLS properties – we take it to the next level. Our innovative marketing strategies allow us to reach homeowners directly, before the property even goes to a real estate agent to be listed on the MLS. This avoids the potential of an escalating purchase price.
These are some of the marketing strategies we use to locate great deals way below market value:
HOW BLUE STONE SELLS PROPERTIES QUICKLY
There are many methods we use to sell properties very quickly. We invest substantial time and money into marketing to build a robust list of buyer clients for our homes. There is a vast pool of buyers in the market who are aware that numerous buying opportunities exist in today’s real estate market. The problem is they just don’t posses the metrics needed to identify and analyze them to ensure they are actually getting a good value. That’s where Blues Stone Properties come in. We are constantly on the hunt for the profitable buying opportunities, and utilize our proven techniques to analyze investment properties.
Working With Blue Stone Properties
If we haven’t already, it’s important that we sit down and review the potential ways we can work together. Once you identify what your individual goals are, we will present you with any opportunities that fit that criteria.