Expansion Model
- At Equinaire, we are always looking for new opportunities to help grow your wealth through real estate investing
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One of our newer concepts, which we call “Expansion Model, ” uses the idea of growing equity by increasing the square footage of a property, rather than relying on appreciation to build equity
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Our real estate experts have created a set of formulas that allow us to determine with a high degree of accuracy, which communities best lend themselves to property expansion, and exactly how much square footage to add to a given property to achieve maximum payback
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This provides the opportunity for you, the investor, to realize significant ROI, usually in less than 12 months
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As with all Equinaire opportunities, we will do all the work for you. This includes creating the LLC, finding and acquiring the property, managing the expansion design and construction project start to finish, and selling the renovated home.
The Details
We typically acquire expansion project properties in more mature communities such as the San Gabriel Valley, where a typical 1,800-2,000 sq. ft. home price is in the $700,000-$800,000 range. The homes we acquire are smaller than others in the neighborhood, usually in the range of 1200-1400 sq. ft.
Unlike our traditional “buy-and-hold” deals, these properties are purchased and held in Kwame Granderson’s name. The reason for this is we will create an LLC that you and 1 or 2 other Equinaire investors will buy into. Equinaire will serve as the LLC Manager, thereby keeping all investor members on an equal footing
Equinaire will perform all work required to establish the LLC for each expansion deal. The LLC will exist for the sole purpose of allowing this joint venture to occur among multiple members, and will be dissolved following the sale of the expanded property. |