Greg Parrish
Tucson, AZ (USA)
Role(s):
GLP Investments, LLC
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Startup
Location:
Tucson
Industry:
Real Estate
Year Founded:
2007
Number Employees:
INVALID
Description:
GLP Investments, LLC purchases apartment complexes in Emerging Markets that have value added components or "value plays" to increase profits within the first year. Why does GLP Investments focus on apartments? The best reason is the cash flow! Usually the more units an apartment complex has, the higher the monthly cash flow. The other exciting reason is for every dollar you receive in additional rents, the value of the property will increase by an average of 10 dollars! Why does GLP Investments focus on emerging markets? When purchasing properties that are in emerging markets the appreciation is more substantial and in itself can be enough to prove a lucrative investment.