Hughes Private Capital Group

[David Hite]

Good afternoon all!

  So, I have been hearing radio ads for this company, Hughes Private Capital Group.  They direct you to their website: betterthanaturnkey.com

  They have an interesting structure of investing in real estate, however, the website makes me feel like it's one of those sites that eventually wants to make you buy an ebook or something.

Their idea is this: Most turnkey companies will buy the home, renovate, get renters, then sell to you.  Afterwards you can use them as the manager, or do it yourself, or find your own company.

Their strategy is: they buy the home, renovate, get renters, then sell us the home.....after that is where it differs.  They state that instead of collecting rent, then paying the bills, making repairs etc....that the home is incorporated into their larger portfolio, and you get a more passive monthly income for the property, which they manage, make repairs, find renters etc....

It sounds basically like an UPReit of sorts.  Buy the home, then put it into the larger pool.  You then get your proportionate share of profits every month based off of your rentals values compared to the entire portfolio.

It sounds nice, really passive, and makes sense in the Up-Reit type situation.  You can use your capital, leverage it with loans to purchase more homes etc....

Anyone have any experience with this company or this model?  

Thanks!

Dave

[Jay Hinrichs]

Originally posted by @Account Closed:

Great Company, They make the process easy and passive!

Keep in mind a reply on BP like this is commonly done by someone with a vested interest in the company.