Angus Cartwright Iii Essay Example
Angus Cartwright III
Throughout the country, home prices are at an all-time low so what better time to purchase the correct investment property for you. When purchasing an investment property, making sure you get maximum return is important since your cash-flow depends on it. In the reading “Angus Cartwright III,” Angus himself is a well-known investment advisor, after his father. In Arlington, Virginia there is the DeRight family, which is a very wealthy group that has two family members looking to invest in the right property. In 2003, John sold his business for an exchange in $18 million dollars in stock, while his sister Judy owns her own chemical business that is creating plenty of revenue. With us knowing this, we can assume there will no issue with putting enough cash-down on the property of their choices. With Angus Cartwright III as there lead investor advisor, he provides an extensive breakdown on the 4 investment properties that both DeRight’s will view. Each DeRight wanted to purchase a property large enough to attract the interest of a professional real estate management company to relieve them of the burden of daily management, and they wanted a minimum leverage return of their investments of 12% after tax. With the four promising investment properties located, Angus feels that these will be more then suitable for his clients, as the DeRight’s seem to be very enthusiastic about them. With time being valuable to Angus, he also wanted to make sure he was providing a preliminary analysis that would be worthwhile to his clients. Out of the 4 properties they will be viewing, two of the properties will be apartment complexes, and the final two will be office buildings that are showing great revenue returns as well as close to full occupancies. Whichever route they chose to go, keeping the units filled with the lowest possible vacancy will be vital to remain successful over the 10 year holding periods estimated for each property.
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Throughout the country, home prices are at an all-time low so what better time to purchase the correct investment property for you. When purchasing an investment property, making sure you get maximum return is important since your cash-flow depends on it. In the reading “Angus Cartwright III,” Angus himself is a well-known investment advisor, after his father. In Arlington, Virginia there is the DeRight family, which is a very wealthy group that has two family members looking to invest in the right property. In 2003, John sold his business for an exchange in $18 million dollars in stock, while his sister Judy owns her own chemical business that is creating plenty of revenue. With us knowing this, we can assume there will no issue with putting enough cash-down on the property of their choices. With Angus Cartwright III as there lead investor advisor, he provides an extensive breakdown on the 4 investment properties that both DeRight’s will view. Each DeRight wanted to purchase a property large enough to attract the interest of a professional real estate management company to relieve them of the burden of daily management, and they wanted a minimum leverage return of their investments of 12% after tax. With the four promising investment properties located, Angus feels that these will be more then suitable for his clients, as the DeRight’s seem to be very enthusiastic about them. With time being valuable to Angus, he also wanted to make sure he was providing a preliminary analysis that would be worthwhile to his clients. Out of the 4 properties they will be viewing, two of the properties will be apartment complexes, and the final two will be office buildings that are showing great revenue returns as well as close to full occupancies. Whichever route they chose to go, keeping the units filled with the lowest possible vacancy will be vital to remain successful over the 10 year holding periods estimated for each property.
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