OMADA Capital Management LLC was founded on the premise that anyone can benefit from investing in the real estate market without having to worry about finding, buying, and managing properties. This fund was built for people who have seen the steady growth of property values in Utah and would like to participate in that growth. Omada takes a proven, prudent course to ensure a program that stresses stability and steady performance for accredited investors.
- Identify and purchase housing with high potential value.
- Improve the properties to the point where they command high market rates. Rent them to qualified tenants.
- Determine when appreciation is such that the property can be sold profitably.
- Repeat at scale!
The volatility of the stock market over the past couple of decades has created an outcry for a new, stable investment solution. People want to have another place to put their money. And now more than ever real estate provides a real solution worth considering.
Unlike the stock market, real estate provides tangible assets that can generate income for investors regardless of market fluctuations. The challenge, of course, is the difficulty of finding, buying and managing property.
Investing with OMADA is simpler, more convenient, and potentially more profitable compared to buying investment property directly. It’s a great option for those who want to invest in real estate but don't have the time, money, or expertise to manage properties on their own.
Firstly, the Fund is tasked with identifying promising opportunities within the real estate market. This involves extensive research and due diligence to determine the potential return on investment of various properties. Such opportunities are often characterized by properties that are priced below market value, typically because they are in a state of disrepair or require significant improvements.
Once these prospective investment properties have been identified and evaluated, the Fund then proceeds to acquire them. The properties are usually purchased at a cost lower than their potential market value, with the understanding that further investment will be needed to refurbish and improve them.
After acquisition, the company undertakes necessary renovations to improve the condition and appeal of the properties. These renovations serve a dual purpose: firstly, to ensure the properties meet all the regulatory requirements for habitability; and secondly, to make them aesthetically pleasing and functional for future tenants or buyers.
Subsequent to the refurbishment phase, the Fund manages the rental process of these improved properties. Leasing these properties becomes a source of consistent income, as tenants pay rent for their use. The company handles the rental logistics, including marketing the properties, screening potential tenants, setting and collecting rent, and managing any property maintenance or tenant issues.
Eventually, the Fund may decide to sell the properties. The aim is to sell them at a profit, realizing a return on the investment made in the purchase and subsequent improvements. The decision to sell is often based on various factors, such as market conditions, the property’s appreciation, and the company’s investment strategy.
The State of Utah is consistently rated as one of the top places to live. The unemployment rate in Utah is 2.9% (U.S. avg. is 6.0%). Recent job growth remains positive, with anticipated announcements for growth and high-profile events such as The Olympics providing momentum. Utah's population is 3,231,370 people. Since 2020, it has had a population growth of 12.7%. For more statistics on the health of the State and its Economy, see this 2023 review from U.S. News and World Report.
The Utah residential home market has been increasingly seen as an attractive market for real estate investors in recent years. A combination of robust population growth, a strong and diverse economy, and a shortage of housing has contributed to an uptick in both home prices and rents, offering potentially lucrative opportunities for those interested in purchasing, refurbishing, renting, and selling homes.
Utah boasts one of the fastest-growing populations in the United States, fueled by a mix of natural growth and net migration. This demographic trend has led to a strong demand for housing, especially in metropolitan areas such as Salt Lake City, Provo, and Ogden. As a result, there has been an increase in home values, making it a viable market for real estate investment.
The state's diverse economy, anchored by sectors such as technology, healthcare, and finance, is also a draw for homebuyers and renters, ensuring a steady pool of potential tenants and buyers. Coupled with a relatively low unemployment rate, the economic conditions in Utah make for a stable and attractive rental market.
In terms of acquisition and refurbishment, opportunities abound. The inventory of older homes needing renovation is considerable in certain areas, especially in established neighborhoods within the cities.
Purchasing and refurbishing these homes not only can allow investors to add value, but also contributes positively to the local communities by improving the housing stock.
Additionally, Utah's regulatory environment is generally considered to be friendly towards landlords. This, in combination with strong rental demand, can make the buy-to-let strategy particularly appealing. Lastly, the state's robust housing market has shown consistent strength in home resale values. Given the aforementioned factors – population and economic growth, coupled with a housing shortage – the prospects for selling refurbished homes at a profit are relatively high.
Contact jeff@omada.capital to learn more about this opportunity, Utah, and Omada Capital! Thank you.
