From time to time, American Mortgage Management will seek capital from its base of private investors to purchase real estate to hold as a joint venture or partnership.  If you don’t live and breathe real estate as we do, purchasing and owning real estate can be a stressful, daunting and all-consuming endeavor. If you are interested in investing in real estate, but don’t want to make the following decisions on your own, maybe a partnership with us is something for you to consider:

• Property type to purchase
• Market in which to purchase
• Which property within a property type and market to purchase
• Is your choice a “good deal” and a “great deal”?
• Etc.

The management of the physical property and the management of the asset are two different activities.

Management of an apartment building, for example, includes:

• Maintenance (this could be broken way down into various categories)
• Tenant selection
• Tenant  management and relations
• Etc.

Managing the asset includes:

• “Managing the manager” and associated costs: As any experienced property owner can tell you,  this can be a job in itself
• Managing accounting and tax responsibilities
• Monitoring the cost of financing and working to minimize this cost
• Monitoring the market to look for better use of the capital committed to this asset (constantly assessing the hold vs. sell decision
• Etc.

Owning real estate as a joint venture or partnership doesn’t mean that you are a completely passive investor. You will have ample opportunity to learn and be involved, but won’t be alone. Our business is real estate investment and finance, and as our partner, we will be there with you and for you, every day.