Reap Capital

Had a great time on the Owner-operator panel at GREA's Forum last week. So many good takeaways from an operational standpoint! One of my comments on evictions received a lot of attention- There is a process in Texas to prevent your tenant from appealing the possession judgement. Appeals add the most time and money to any eviction, and most tenants know this. Comment on this post and I'll send you the Texas rule and the playbook we follow. #evicition #landlord #propertymanagement #multifamily

The Calvin! 🚨 100% Depreciation 🚨 Reap Capital invites accredited investors to invest in a lender-forced sale opportunity. Investors will receive 100% depreciation on their invested capital in 2024! The Calvin is a core-plus, 1995 vintage asset located in the highly desired Plano, TX submarket. Demographics:  1-Mile median income $114k  Great Basis:  25% below nearby sales comps  GP Returns:  LP's receive 80-90% of upside A Location:  Walk to Trader Joe's, Whole Foods, Pottery Barn, William Sonoma  https://lnkd.in/gudYJm82

We are one month out from takeover and nearly fully committed on our latest investment opportunity, The Calvin! Our investors will receive 80-90% of the upside from this investment and 7-9% preferred return depending on share class. -We are buying at 50% of replacement cost. -25% less than previously purchased in 2021 -Receive depreciation equal to your investment for 2024. -CoStar forecasting $300 in organic rent growth throughout our hold. 2.05-2.19x Equity Multiple. This is THE investment offering of 2024. Don't miss out! View the offering in the comments! #multifamily #investing #realestate #realestateinvesting

Exciting news! Our Founder & CEO, David Lilley, will be speaking at the GREA 6th Annual Multifamily Forum on September 27th at Brookhaven Country Club in Dallas! Be sure to stick around for the DriveZone & Networking portion starting at 12:30 to meet the Reap Capital team! This is an event you will not want to miss! Registration link in the comments. #MultifamilyForum #RealEstate #GREA #Leadership

🚨 Exclusive Opportunity Alert! 🚨 The Calvin is a core-plus asset in the prime Plano TX submarket. 🔹 One-mile median income $114k 🔹 50% below replacement cost 🔹 Acquiring $10m below sellers basis 🔹 Walk to Trader Joe's, Whole Foods, Pottery Barn, William Sonoma Positions are filling up fast. Don't miss out on this opportunity! #RealEstate #Multifamily #Location #Investing

Happy Labor Day! Enjoy some R&R, you deserve it!

New development is extremely limited in this infill area with only 226 units scheduled to be delivered from now until Q2 of 2026. According to CoStar, vacancy has peaked and is projected to trend down throughout our entire hold period causing asking rents to increase nearly $300 over the same period. This will increase our property value nearly $11m from organic rent growth alone. The Calvin Apartments offer a prime investment in a high-income area, surrounded by some of the best schools in the state. Located within walking distance of Trader Joe's, Whole Foods, Pottery Barn, and William Sonoma, this property is set in a thriving community. With robust amenities like a sauna, resort-style pool, and a planned pickleball court and cold plunge, The Calvin is positioned for strong tenant demand and lasting value. Invest where quality of life and long-term returns meet. Link in comments to connect with us. #MultifamilyInvesting #investing #realestate #privateequity

We saved over $300k on one roof! You read that right! Reap Construction started two new reroofs this week of over 2900 squares. Prior to commencing work on these two properties, we received bids that were $300-400k more than our cost to complete these roof replacements. By adding yet another specialty to our construction operation, we are able to unlock significant savings and increase the return on our investor's capital. Contact us today for your commercial roof replacements! We will beat any bid. #CommunityFirst #Multifamily #roofing #roofer #roofingcontractor

Exciting new updates on our latest 1995 vintage acquisition, The Calvin! We are moving forward on a great term sheet and marching towards an early October close. Thanks to Kevin Leamy for arranging the debt and Taylor Snoddy, Charles Hubbard, and the Northmarq team for awarding us this beautiful deal. This is our 13th acquisition and will put us at 1,021 units acquired for the year. For a more detailed update, view our latest webinar on The Calvin via link in the comments. #multifamily #investment #passiveincome #cashflow

We’re excited to welcome Ezra Carpenter to Reap Capital as our new Director of Asset Management! With over a decade of multifamily real estate experience, Ezra will oversee portfolio management and operations while playing a key role in construction and acquisitions. Previously, he led a 5,000-unit portfolio at Windmass Capital and managed over $400M in transactions at a Houston-based private equity firm. #multifamily #privateequity #investing #assetmanagement