At Rice Group we identify and target select markets that demonstrate strong economic and demographic growth potential, which yield high returns for our partners. We apply our investment philosophy to each real estate opportunity when determining the best purchase:
- We Buy Right. We search and locate performing and non-performing properties with substantial equity once purchased. Buying a property at the right price immediately creates wealth from day one.
- We Add Value to Properties. We increase rental income on our properties by renovating and repairing them. This allows us to raise our overall rents and operate our units at market value.
- We Manage Effectively and Efficiently. We pride ourselves on creating quality products and managing them well. Our interest is to attract qualified tenants who choose to stay long-term because they know our management team takes care of their homes. This reduces vacancy rates and increases our cash flow from rents.