How Does Paramount Properties Acquire Properties?
Paramount Properties has a vast network of agents throughout California that we partner with to provide the best solutions for distressed sellers. By providing double commission opportunities, free tools and resources, and overall transparent relationships- Paramount Properties has quickly become a trusted source for real estate agents. We purchase homes from banks/lenders, short sale owners, and traditional private sellers. We offer customized and creative purchase options, meaning we can buy the toughest of listings. As an agent, you will always represent us on your listings you bring us and, most importantly, you can trust that your seller will be cared for. But, we also work closely with bankruptcy and family law attorneys, as well as financial advisers. If you’re looking to make a new trusted connection within the industry, we’d love to partner with you.
In addition to partnering with agents to purchase homes in California, Paramount Properties is also actively involved in direct marketing to homeowners and sellers. We buy homes in any condition and our flexible purchasing options (and ease), make us a great option for distressed sellers. Some of the marketing methods we use to get in touch with homeowners include: PPC online advertising, Facebook ads, SEO, direct mail and more. If you know someone who needs a cash offer and a quick close without any hassle, please contact us here.
Paramount Properties maintains healthy relationships with local wholesalers and other investment companies. If you’re an investor or investment company and you come across a property that doesn’t fit your business model, please contact us today to discuss a mutually beneficial solution. We offer generous finders and wholesale fees and are always looking to grow our database of industry partners in the event that we come across a listing that reciprocally doesn’t fit our model.
What’s an Ideal Investment Opportunity?
Paramount Properties operates under a value-add investment strategy across the board. Right now, we are actively buying single-family homes across San Diego County, but will also purchase homes in Orange, Los Angeles and Riverside Counties. We will buy homes in any condition, but some of the criteria for an ideal investment opportunity might include: a home in disrepair and in need of major repairs, a value add opportunity, existing positive attributes that can be highlighted, or a distressed seller who needs a simple or quick solution to what can sometimes be a difficult situation.
How Do You Develop Offers?
There are a variety of factors that affect the offer that Paramount Properties will come up with. But, the five key elements in analyzing a property and its value include:
- After Repair Value (ARV)
- Hold Time
- Desired Profit
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Everyone was very supportive in answering my questions and giving guidance when needed. Thank you again for making this such an easy process!
Amazing company and great to work with. Very knowledgeable in the real estate industry and with us from start to finish of the process!
Very honest and professional! They were always available to answer my questions and were very good about keeping me updated throughout the entire process.