Who We Are
Anthony the founder of Brightside and his wife Sara started their real estate journey in 2005 when they put a down payment on a new construction project in Dumbo, Brooklyn. After a 2 year hold, they sold that property netting $100,000 in profit. They were hooked. Their next investment was a longer hold but netted them a profit of just over $1,000,000. Several years ago, they started they journey in multi-family investing. They still work full time jobs and love what they do however their passion for real estate has made work a nice to have not a must. Their current portfolio is $6,850,000 with limited partnership in another $12,000,000 worth or real estate. Their portfolio has investments in New York, Massachusetts, Utah, and South Carolina. Our team members and advisors have collectively over 80 years in real estate.
Mission
To improve the world through real estate. We improve the lives of our residences by provided quality home and improve the lives of our investors by provided unparallel returns.
Vision
To make work an option not a must for our investors. To retire out investors through the beauty of passive investing through real estate.
What We Do?
Value add, forced appreciation and repositioning of real estate investments is what we do best. We purchase properties through our broker network and direct to seller campaigns. The properties are operational but distressed. The rents of these properties are low due to either their poor condition or lack luster management. We renovate these assets and put in proper management creating value for the residences who are willing to pay top rent. This is value add.
Multi-family assets are valued like a business using their net operating income. Increasing the rent increases the buildings income, which increases the value. An example of this would be increasing the rent of an apartment $200 per month would increase the value of the property by $40,000. Multiply that by the number of apartments and you have your new asset value. This is forced appreciation.
We take an asset that is under performing, through renovations and proper management this asset becomes a high performing, secure investment. This is repositioning.