Alex Franks

It has been a bit so I had to come back to update! I’m 45 years and started over with my own company in Aug 2016 for did not open and register my company unit 0ct 2016. I’ve been in the business for MANY years. By starting over and doing it slowly it has helped me to focus more on the needs and redevelopment of my company. I’m rebuilding my own portfolio, have been buying and selling, holding, and flipping real estate for years in Charlotte, NC, and a few other states. The biggest projects to date are completing 102 , 136 unit flip, 36 and 52 new construction homes. Currently building 10 to 12 homes a quarter If we find the land. I guess after losing it all and starting over I started to apply just half of what I thought I knew. Still learning every day! What’s funny or shall I also say interesting is when you lose, you learn very quickly in this business. Years ago I spent a lot of time traveling internationally and here in the USA. I was more or less teaching simplistic investing and what NOT TO DO in real estate. Now I find I travel, but I also learn and listen to others. I live in the country and enjoy the simple life. I absolutely enjoy the simple life nowadays. Maybe it’s age or being involved in the rat race so much as to why I now like things slower and simpler. Starting over was tough, but the journey has and still is- Great! Most of my time is working in my garden. When I become completely financially free I want to start a community garden. Experience: Our company was one of the major turnkey providers in Charlotte NC before the hedge funds came out. I’ve been involved in some form of buying, selling, renovating and building close to 800 units in NC, SC, Georgia and Florida. I’ve had an iron in the fire from subprime homes, to million dollar homes, apartments, condo conversions, turnkey investors, building portfolios for large net worth clients, new construction, and buying land plus development. Yet I am still learning about each and every one of those areas. Since January I’ve been focusing on apartments and construction homes in the Carolinas. We owned the construction company and property management company (ahem…never do that again ). I guess the experience is being in the business for many years, by seeing how many mistakes we made and learning from this myself. Real Estate Goals: Had to come back and redo my goals. Creating my own company in Jan 2017. I have given my self 5 years to rebuild my portfolio. Want to have 200 apartment units( not anymore it's more about passive income 20k month with my partner from NJ to make the same. Have 10-20 smaller rentals my wife and I own free and clear. Which I will have a small landscape /handyman role. In keeping those up or looking pretty. The second unit at the beach vacation home. Garden Stand here on the reservation for the kids ( lots of nieces and nephews ) to work in. Guess if I had to sum it all up here is my story ... I am a New York native who has been in the South Carolina area for more than 26 years. I have been located in Rock Hill, SC for the last 23 years and am the owner of New NewPathay Investments. I have worked in real estate since 2001 have bought, sold or closed over $15 million in both SFhs and Commercial deals. We have had partners/ offices located in North Carolina, South Carolina, Florida, and Georgia markets.I have been able to market investment properties for other investors through radio talk shows and speaking at various seminars throughout the US. I travel both nationally and internationally to meet with groups of investors for the purpose of selling already established real investments or raising capital for new investments. Recently, I have raised over $10 million towards projects in both North and South Carolina. I have maintained strong partnerships with buyers and sellers in Australia, Singapore, Malaysia, Hong Kong, Dubai and throughout the UK. I have also focused on teaching clients about real estate investments through seminars, radio talk shows and webinars. The dos and don’t of investing in real estate in the USA. I am passionate about property investment and enjoy sharing my knowledge and experience with others. I feel that anyone interested in property investments should be able to establish strong performance portfolios to suit their individual needs.