Download the Jamii Investments- "No Hassle Real Estate Investing" eBook
What do A-Rod, Keyshawn Johnson, David Robinson, Shaquille O’Neal, Emmit Smith, Joe Montana, Magic Johnson, and Deion Sanders all have in common?
They all diversify their investment mix, by adding real estate. Real estate is a great investment for many reasons. We are third generation real estate investors. We started by purchasing a portfolio of 70 single family homes- with only family money. Since that date back in 2003, we've bought and sold over 370 properties (single family homes, lots, and apartment buildings) and we've narrowed our focus primarily to multi-family (apartments) investments. Investors can receive an excellent rate of return, amazing tax advantages and leverage real estate to build your wealth.
Our Mission, Values, and Purpose
It's about three things: People, Money and Real Estate!
But it's about even more...
MISSION STATEMENT- Providing an Amazing place for People and Money to Work, Live, and Grow
PURPOSE STATEMENT- Our purpose is to use the temporal (money and real estate) to make an immediate and eternal difference in the lives of people!
VISION STATEMENT- Our vision is to Insipre and Imapct the World by Investing in People and Property!
Why work with us?
Apartment Acquisitions Criteria
Min. 7% (based on current financials)
Target Return & Investment Period:
6%- 8% annual cash on cash return (based on current financials)
10%-14% total annual return over investment period
5-7 year hold period (medium to long- term)
Potential high yield income streams.
20% below replacement cost.
Cash equity-“All cash” or “Cash to existing debt”.
Value-add opportunities sought.
Utilities: Individual metered units preferred.
Roofs: Pitched roof construction preferred, but not required.
Premier Properties: Stabilized properties with minimal deferred maintenance preferred, but will consider others if well located and possessing a strong, value-add opportunity.
Minimum 200+ Units
B+ to C+ class multi-family properties; We search for B+ class in A market and C+ class in B market opportunities. We review distressed A class deals in certain markets.
Prefer stabilized properties. Will consider none stabilized in "right" locations with value-add upside.
Preference is 1980 and newer, but will consider all age properties.
Worldwide growth markets.
B+ to C+ trade areas with strong demographics and economic diversity.
The Jamii Process
We trust the process!
Jamii Acquisition Filter
Finding property to purchase is not that hard. Finding GREAT deals that meet our criteria is hard. Early on in our history we would spend upwards of $20,000 a month on direct mail, billboards, Radio and TV ads- all in an effort to sift through deals sorting Trash from Treasure. Our proprietary data analysis and software allow us to thoroughly analyze hundreds of deals in our targeted markets with only 2% – 3% qualifying for further review. This strict ﬁltering process ensures selecting assets that meet our conservative underwriting and focus on cash ﬂow for investors.
Jamii Due Diligence Audit
When on the ground, our team of experts inspect and analyze the physical condition of the property, the neighborhood, the tenant mix, as well as the financial history to mitigate potential risks and uncover opportunities. Only qualiﬁed deals move forward.
Jamii Management Advantage
Our systematic team approach to Property Management along with our unique experience in property management and people management elevates our communities to the highest standards. This ensures predictable investor cash ﬂow and appreciation.
Jamii Investor Return Maximizer
At Jamii, -if you'll allow me to borrow an expression- "We treat you like you'd treat you". Our entire family is involved in each and every transaction. As a result both Investors and Principals want the same thing. We are careful about purchases, expenses, and management- all in an effort to maximize returns, because we are as vested in each property as our financial partners are invested!
Our investment strategy
We are third generation investors following a time tested and updated strategy for SUCCESS!
How we do it!
At the core of our business model, our primary focus is to identify potential cash flowing multi-family assets with all the right fixable problems.
To preserve, protect, and return to the Investors their capital contributions
To achieve a rate of return in excess of typical alternative investment returns
To provide an inflationary hedge through appreciation in the value of the property
To provide cash for distribution to our investors
To provide investment secured by real assets for our investors
To realize growth in the value of our properties upon sale or refinance
To achieve an annualized, before-tax preferred rate of return of 7% to investors with upside potential for larger returns over the life of the investment
To allow investors an opportunity to acquire an interest in large, high quality multifamily assets that provide quarterly cash distributions and investment growth through appreciation, expense management, and loan principal pay-down
To provide investment diversity by investing in multiple properties and markets
Our talented team
For us, it's not just business, it's personal!
Our vision is to inspire and impact the world, one person at a time, one family at a time, and one community at a time! We fulfill this vision by investing in people and in property.
“Jamii” (pronounced Jah-mee) is a Swahili word meaning both “family” and “community”. First and foremost, we are a family business. We started Jamii Real Estate Investment Company with a personal investment of $250,000. Every member of the Adams family (6) is involved in this Enterprise in some capacity.
In addition, we are building an “extended family”, a community of like-minded Investors with a passion for building and leaving a multi-generational legacy of wealth!
Some facts about us
houses bought and sold (flipped)
family investment to launch company in 2002
homes purchased in one transaction
hour Adams' family dinners
Frequently asked questions
The Answers You Need
What kind of properties do you invest in?
We invest in multi-family apartment buildings, one of the most recession proof segments of the Real Estate Market, particularly with the United States population continuing to grow. Even with the continued advancements in online marketing (particularly Amazon) and “work from home” which threatens the retail and office markets, people will always need to live somewhere. Within this segment, we focus on B+ to C+ class multi-family properties and prefer B class in A markets and C+ class in B markets. We believe this positions us in the segment of the market that is shielded most from the ups and downs in the economic cycles. We will also review distressed A class deals in certain markets.
How much money do I need to get started?
We are currently reviewing our minimum Investment requirements.
Can I invest through my retirement plan?
Yes, investing in Multi-family in a structure like ours is perfect for retirement plan investing because your involvement is by definition passive. All you need to do, if you haven’t already, is set up a SELF-DIRECTED IRA with an independent custodian, like www.SpecializedIRAServices.com or www.VantageIRAs.com and once that is done you can invest using your IRA/401K/ROTH-IRA or several other self-directed retirement account forms. If you have questions about how to do that, please contact us through the Contact Us form or call us at (601)-624-6167).
How does Jamii Investments find it's apartment deals?
We have relationships with commercial real estate and mortgage brokers, who bring us deals often before they go on the open market. We also engage in direct marketing campaigns seeking property owners who are motivated to sell. In addition we are building relationships with banks to get access to their REO inventory. Once presented with an opportunity our team then underwrites ever single property to the highest standards and eliminates those that do not qualify at our rigorous standards.
What will my return on investment be?
All our investment returns are based on individual properties, and every property is different and will therefore offer different returns. Our returns consist of three parts: Preferred Return from Cash Flow: Each investment is selected such that it pays an min. average annual preferred return of at least 8% (depending on the individual property deal this could be higher than that) which is paid out quarterly via direct deposit into your bank account or by check. In other words, the investors get paid first before the sponsors get paid anything. This protects you as an investor and makes sure we only pick projects that have strong cash flow outlooks. Profit Share: Upon a Sale or Refinancing of the property it is our goal to return 100% of the initial invested amount to each investor, and then do a 50/50 profit split between sponsors and investors.
What will my return on investment be?
How are the deals structured?
Great news. You will be limitied liability owner of the property which comes with all the benefits like depreciation and cash flow, meaning the property is owned by a “Property LLC” for which that property is the only asset (reduces liability). You in turn will be a direct shareholder in this Property LLC so in essence you are part owner of the company that owns the property. This allows for a direct flow-through of cash flow, depreciation, and allows you upon sale of the asset to realize long term capital gains … PLUS, you literally get to tell your friends you “own” an apartment complex, because you do.