InvestWithPartners.com Expanding Real Estate
Opportunities to Average Investors
real estate partnerships no longer just for the elite few -
October 21, 2005 - Wilmington,
North Carolina (NC) - Phil
Kraus, a commercial real estate broker with Maus Warwick Matthews &
Co. in Wilmington, recently launched InvestWithPartners.com, a Web
site designed to help average investors pool resources to purchase
properties with significant income potential.
The combination of low
interest rates and the consistent growth performance makes real
estate an appealing portfolio consideration for those wary about
gambling too much on the peaks and valleys of the stock market. Many
traditional real estate partnerships require large contributions
from investors. However, Kraus is expanding partnership
opportunities to include investments starting at just $10,000,
although some of his partners choose to contribute $50,000, $100,000
"The boom in residential
construction during the last few years has resulted in a huge need
for new commercial developments to serve those communities," said
Kraus. "Investing in real estate typically is an insider's game for
those with an expert understanding of the market as well as the time
and money to manage those investments. InvestWithPartners.com evens
out the playing field to benefit investors at every level."
Using his expertise as a
commercial real estate broker, Kraus identifies prospective
properties and recruits partners to essentially buy shares of
ownership in these private properties. Kraus handles the details
associated with establishing and managing the partnerships as well
as the marketing and sale of investment properties, so very little
time or effort is required by investors. Many of the properties are
divided and sold in smaller pieces, rented or redeveloped and sold
with the goal of making a healthy profit for the partners. And
unlike many real estate brokers, Kraus invests his own funds right
along with other investors.
"I only ask people to invest
in properties if I believe very strongly in them," said Kraus.
"Investors know that I am sincere because I put my money where my
mouth is - that is a true partnership."
RECENT PARTNERSHIP EXAMPLES
1. One of Krausís partnerships
purchased property that now is the site for the Wilmington Executive
Center near the University of North Carolina at Wilmington. The
partnership purchased the land for $1.8 million and sold the
property 18 months later for a 50 percent profit.
2. Kraus created another
partnership to buy land in the Pine Valley Shopping center for $4.4
million. Since that time, the property has appreciated 50 percent
and continues to realize an 8.8 percent cash return per year for
More examples are highlighted
on the Web site.
ABOUT PHIL KRAUS, SIOR
Phil Kraus received his real
estate brokers license in 1978 and has managed land and income
property investments in Alaska, Virginia, South Carolina, and North
Carolina. After leading his own real estate operation for several
years, Phil joined Maus Warwick Matthews & Co. in 1993. Since 1995,
he has closed more than $97 million worth of properties, with nearly
another $11 million slated for 2005 alone.
Phil is one of only a handful
of real estate professionals certified with the prestigious SIOR
designation by the Society of Industrial and Office Realtors. He
also is a member of the North Carolina Association of Realtors, and
the Wilmington Board of Realtors. Prior, Kraus Phil served in the
United States Navy as a sonar technician aboard two nuclear
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